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Ameriprise financial

Ameriprise tower in Minneapolis sells for $200M

The 31-story Ameriprise Financial Center in downtown Minneapolis has sold for $200 million.

The 31-story Ameriprise Financial Center in downtown Minneapolis has sold for $200 million. The buyer of the 848,000-square-foot, class A office building is Morning Calm Management, which is based in West Palm Beach, Fla. The seller is Founders Properties of Minnetonka, a real estate investment firm created in 2010 by Best Buy founder Richard Schulze and the late Opus Group founder Gerald Rauenhorst. The tower’s biggest tenant is Ameriprise Financial Inc., which has 3,500 employees in the building,...

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