Capital Partners Buys $54M Twin Cities Industrial Portfolio

Capital Partners Buys $54M Twin Cities Industrial Portfolio

Capital Partners has paid $54.25 million for five industrial properties across three Twin Cities suburbs, scooping up warehouse space from Blackstone's Link Logistics at a moment when the region's industrial market is running red hot while its office towers face high vacancy. The Edina-based private equity firm acquired the five buildings, totaling 449,456 square feet, in a deal spanning three suburban municipalities, according to Finance & Comm…