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CBRE Arranges Deal for Lakefront Apartments in Duluth
CBRE arranged the sale of ENDI Apartments, a 142-unit multifamily property at 2120 London Rd. along Lake Superior in Duluth, MN. The property also includes 13,876 square feet of fully leased retail.
Lift Bridge Partners LLC sold the property to Endi Plaza LLC for an undisclosed sum. Ted Abramson, Keith Collins and Abe Appert from CBRE Minneapolis Multifamily represented the seller.
The ENDI apartments are within walking distance of the Duluth Lakewalk and within minutes of Downtown Duluth and Canal Park, a hub for dining, entertainment, and attractions. ENDI, which was built and previously managed by Harbor Bay Real Estate Advisors, received a Zenith Award in 2018 for implementing the mixed-use vision and addressing housing needs of the City of Duluth.
“This property represents a trophy asset for the high barrier to entry Duluth market which drew a great deal of investor interest,” said Abramson.
- ◦Sale/Acquisition


