Shoreview Ridge Office has sold The Lex, a 124,925-square-foot, recently renovated office building in Shoreview, Minn., for $18.55 million.
Renovated in 2023, The Lex is a four-story office building offering a modern lobby and communal spaces. The property is managed by Eagle Ridge Partners and is currently 95 percent leased to a variety of tenants in the financial services, healthcare and technology industries.
The Lex is situated on 4.13 acres within the Shoreview Corporate Center, a mixed-use redevelopment home to three luxury apartment communities and two additional office properties. The immediate area surrounding The Lex offers an abundance of retail, restaurant and entertainment amenities and is within minutes to both Minneapolis and St. Paul’s central business districts. In addition, Interstates 35W and 695 are close by, providing access throughout the Twin Cities area, including to the Minneapolis–Saint Paul International Airport.
JLL represented th
