St. Louis Park's Shops at West End retail center has sold for nearly $65 million.
Eden Prairie-based firm Hempel Real Estate acquired the 382,000-square-foot shopping center from The Necessity Retail REIT (NASDAQ:RTL), headquartered in New York, in a Dec. 21 deal.
Developed in 2009 by Duke Realty Corp., the property last sold for just over $117 million in late 2014, when American Realty Capital – Retail Centers of America Inc. purchased it from Duke. (American Realty Capital later merged with…
