Mitch Faccio, Senior Vice President, was interviewed by Multifamily Dive to discuss MLG Capital’s approach to a recent $51M acquisition in Denver that provided tax benefits to the seller.
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News & EventsREAD MOREMLG Capital Acquires Nine-Building Industrial Portfolio in Suburban Minneapolis
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MLG Capital Purchases Golden Triangle Portfolio in Minnesota
Flex property portfolio will support the Minneapolis MSA’s strong job market and growing labor force Brookfield, Wis. (November 20, 2024) – MLG Capital – a national leader in diversified private real estate investments – today announced its acquisition of the Golden Triangle Portfolio in the Minneapolis MSA. The flex portfolio includes a blend of industrial and office space across seven properties, nine buildings and 67 suites located across Edina and Eden Prairie, Minn. “MLG is excited to be partnering with Big River Real Estate in the acquisition of this flex industrial portfolio,” said Nathan Clayberg, Vice President at MLG Capital. “We believe this product type is highly desirable given the lack of new supply that has been created over the last 20 years. When combined with the demand of a desirable submarket in the Minneapolis metro, we think the Golden Triangle portfolio is going to be a great acquisition.” MLG believes the Minneapolis MSA is well-positioned for industrial and office assets, with a lower unemployment rate than the national average, 15 Fortune 500 companies and a lower industrial vacancy rate than the national average, according to Costar. The greater Minneapolis MSA is home to about 3,690,000 people and major employers,...
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Billy Fox Featured in Biz Times Article, “Taking stock of CRE Capital markets”
Recently our own Billy Fox, Senior Vice President, sat down with Biz Times to discuss the state of CRE capital markets. Read more on Biz Times.
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