Industry Pulse :Twin Cities Investor Market Heating Up

Two-building Woodlake Centre in suburban Minneapolis recently sold for $20.3 million. Photo courtesy of Colliers

Two-building Woodlake Centre in suburban Minneapolis recently sold for $20.3 million. Photo courtesy of Colliers

For the past several years, the MOB investment market in the Twin Cities of Minneapolis-St. Paul, Minn., has been rather dull. Despite an active and innovative healthcare scene – the health maintenance organization (HMO) was invented in Minnesota in the 1960s, for example – very few healthcare facilities were bought or sold.

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