JLL Brokers Sale of 89-Unit Luxury Apartment Building in Shakopee, Minnesota

JLL Arranges Sale of The DECO Apartments in Minnesota

JLL has secured the sale of the DECO Apartments, an 89-unit, multifamily property located in Shakopee, Minnesota’s historic downtown district. JLL worked on behalf of the seller, Enclave. The buyer was LouMin Holdings, a local multifamily real estate investment firm. The DECO, located at 129 Holmes Street S., offers residents a luxury living experience in an urban-suburban setting. Along with its premium homes, the property is highly amenitized,…

JLL Brokers Sale of 89-Unit Luxury Apartment Building in Shakopee, Minnesota

SHAKOPEE, MINN. — JLL Capital Markets has brokered the sale of The DECO, an 89-unit luxury apartment building in the Minneapolis suburb of Shakopee. Joseph Peris and Josh Talberg of JLL represented the seller, Enclave Development. The buyer was LouMin Holdings, a locally based multifamily investment firm. Completed in 2021, The DECO features a rooftop sundeck, fitness center, clubroom, underground parking and ground-floor retail space occupied b…