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CBRE Arranges $11M Refinancing for Grandview Square Office Building in Edina, Minnesota
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CBRE Arranges $11M Refinancing for Grandview Square Office Building in Edina, Minnesota
EDINA, MINN. — CBRE has arranged $11 million in refinancing for Grandview Square, a 98,561-square-foot office building in Edina. Billy Mork, Joel Torborg and Mike Vannelli of CBRE secured a five-year, fixed-rate loan on behalf of Capital Partners, a Minnesota-based commercial real estate investment and management firm. A life insurance company provided the loan, which features interest-only payments for the full term and a 5.89 percent interest …
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