Upland Arranges $4.6 Million Sale of Retail Center in Waconia, Minnesota

by Alex Tostado

Waconia, Minn. — Upland Real Estate Group Inc. has arranged the sale of Waconia Crossing for $4.6 million.

The newly constructed retail center is situated on Highway 5, 35 miles southwest of Minneapolis. The sale includes a freestanding Dollar Tree and a property occupied by Starbucks Coffee, Sport Clips, AT&T and Qdoba for a total of 16,695 square feet. Keith Sturm, Deborah Vannelli and Amanda Leathers of Upland represented the seller. The buyer completed a 1031 tax-deferred exchange.

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