St. Louis Park, Minnesota-based Paster Properties has partnered with Chicago-based Northpond Partners to acquire The Broadway in Northeast Minneapolis and Icehouse Plaza in South Minneapolis. The purchase closed Dec. 19.
In every generation there are those who strive to make a difference. And surely, the retail real estate industry teems with opportunities for talented people. The recipients of ICSC’s third annual 4 Under 40 Awards can be said to have embraced the possibilities with gusto. This year’s honorees are Sam Ankin, co-founder and a managing principal of Northpond Partners . . .
“The highly competitive sale had more than 20 offers and the seller chose Northpond Partners since its proposed redevelopment will utilize the existing structure. The new owner plans an adaptive re-use of the distinctive property which was built in 1904,”
