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Press Release

REDLINE PROPERTY PARTNERS ASSUMES ASSET MANAGEMENT ROLE FOR ICONIC ANDRUS BUILDING IN DOWNTOWN MINNEAPOLIS

Redline Property Partners, a leading real estate investment, development and management firm, announced today its new role as asset manager of the iconic Andrus building in downtown Minneapolis. Previous owners renovated the sky-connected, 140,000-square-foot building several years ago, and Redline said it will execute on the new owner’s vision to continue investing in The Andrus with capital improvements that include additional amenities and a spec suite program.

Press Release

NEW OWNERSHIP PROMISES CONTINUED INVESTMENT IN HISTORIC BARREL HOUSE BUILDING, AN ADAPTIVE REUSE OFFICE PROJECT IN THE MINNEAPOLIS MILL DISTRICT

Following a sale to new ownership last year, real estate investment and management firm Redline Property Partners announced today that it will remain on board as the asset manager and property manager for the Barrel House—a landmark fixture in the famed Minneapolis Mill District. Redline said it will build on the prior owners’ vision to continue transforming the historic property.

Article

BARREL HOUSE FETCHES $8.5 MILLION IN CASH

In an $8.5 million cash deal, ICM Realty Group LLC sold the Barrel House boutique office building in downtown Minneapolis to a group called Barrel House LLC, according to a certificate of real estate value.