Maplewood, Minn. – The center is anchored by Marshalls, Jo-Ann Stores, Burlington Coat Factory, Herberger’s and Dollar Tree.
The 278,347-square-foot Birch Run Station is located adjacent to the Maplewood Mall in Maplewood, Minn., and sold for $27.3 million.Maplewood, Minn. – Mid-America Real Estate Corp.’s Investment Sales team recently brokered the sale of Birch Run Station in Maplewood, near Minneapolis. The 278,347-square-foot center was purchased by Greenwood Village, Colorado-based GDA Real Estate for $27.3 million. Birch Run Station is located adjacent to the Maplewood Mall. The center is anchored by Marshalls, Jo-Ann Stores, Burlington Coat Factory, Herberger’s and Dollar Tree. Joe Girardi and Rick Drogosz of Mid-America Real Estate Corporation, in cooperation with Mid-America Real Estate – Minnesota LLC, were the exclusive brokers in the transaction on behalf of the seller, Los Angeles-based RPD Catalyst.
— Scott Reid