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Selling a downtown office building in the Twin Cities— or anywhere— is no easy feat these days. Very few buildings have changed hands since the COVID-19 pandemic, according to the Minnesota Star Tribune.
Almost every successful sale of a downtown office building in the 2020s involved Harrison Wagenseil of commercial real estate firm CBRE’s Minneapolis team. Wagenseil was part of the brokerage team behind the recent sale of the Wells Fargo and Ameriprise towers in downtown Minneapolis.
He joined MPR News host Nina Moini to talk about what goes into selling a skyscraper, and why it’s so difficult.
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Selling a downtown office building in the Twin Cities— or anywhere— is no easy feat these days. Very few buildings have changed hands since the COVID-19 pandemic, according to the Minnesota Star Tribune.
Almost every successful sale of a downtown office building in the 2020s involved Harrison Wagenseil of commercial real estate firm CBRE’s Minneapolis team. Wagenseil was part of the brokerage team behind the recent sale of the Wells Fargo and Ameriprise towers in downtown Minneapolis.
He joined MPR News host Nina Moini to talk about what goes into selling a skyscraper, and why it’s so difficult.
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