The Shoppes on Maine, located at 4611-4662 Maine Ave. SE in Rochester, has been sold for $11.7 million.
This retail power center is home to various well-known national brands and is situated in the northeast quadrant of Highway 52 and 48th Street.
According to reports, Medart has also opened a $12.7 million warehouse in Albertville, expanding its retail and industrial holdings in Minnesota.
“Just Sold” is a Finance & Commerce feature based on the newest certificates of real estate value filed with the Minnesota Department of Revenue for commercial sales throughout Minnesota and reports of sales across the country involving local parties.
Author's summary: Rochester's Shoppes on Maine sold for $11.7 million.