The new owners of the Colonnade office building paid $79 million for the Golden Valley property – $21 million less than the last time it sold in 2017, according to public filings with the Minnesota Department of Revenue.
The buyer was a partnership of Eagle Ridge Partners and BLG Capital Advisors, which plan to revamp the approximately 366,000-square-foot office building with updates to its atrium and amenities. The 16-story building, at 5500 Wayzata Blvd., is located in the West End district…
