Spyglass Capital Partners has acquired 610 West Apartments, a top-tier multi-housing community in Brooklyn Park, Minn.
JLL represented the seller, The Doran Group, and secured acquisition financing on behalf of the buyer to originate a Fannie Mae loan. The loan will be serviced by JLL Real Estate Capital.
Located at 6717 Oak Grove Parkway, 610 West Apartments is in the rapidly growing 610 corridor, 15 miles northwest of downtown Minneapolis. The property boasts a strategic location near Target’s expansive 333-acre northern campus, with proximity to the Boston Scientific and Medtronic campuses. It is also located within Medical Alley, a globally recognized hub for health technology innovation.
Built between 2016 and 2018, the 480-unit community spans four buildings with an average unit size of 1,003 square feet. The apartments feature high-end finishes, including stainless-steel appliances, granite countertops, tile backsplashes, custom cabinetry and rich wood-
