Water Street Partners Welcomes Matt Carle

Water Street Partners welcomes Matt Carle Minneapolis – January 6, 2021 – Twin Cities-based Water Street Partners, LLC, continues to grow, adding Matt Carle to its team as an Associate. Prior to joining Water Street Partners, Carle honed his skills in a variety of endeavors, including the assemblage of a diverse private real estate portfolio. He also … Continued

Water Street Partners Acquires Beltline Portfolio, Completes Fund

WSP has closed on the Beltline portfolio, a collection of industrial/office buildings near Beltline Boulevard in St. Louis Park. The properties were acquired from entities related to Belt Line Properties, who owned the buildings since they were constructed as early as the 1960’s. Final Press Release – Beltline

Jack Ryan Joins Water Street Partners

Water Street Partners adds to team; hires Jack Ryan as Associate Minneapolis – (8.20.2020) – Twin Cities-based Water Street Partners, LLC, continues to grow, adding Jack Ryan to its team as an Associate. Ryan’s experience includes agency leasing, financing, portfolio management, asset management and deal sourcing. Prior to joining Water Street Partners, Ryan earned his Master of … Continued

Water Street Partners Acquires 800 Wayzata Boulevard

Twin Cities-based Water Street Partners has closed on the purchase of 800 Wayzata Boulevard, in Wayzata, MN. The property includes a 21,000 square foot Class B office building and three levels of parking. Entities related to local accounting firm Copeland Buhl owned and occupied the building since its construction in 1984. Copeland Buhl will continue … Continued

Finance and Commerce Reports on Union Plaza Acquisition

Water Street buys into the North Loop By: Matt M. Johnson May 29, 2019 2:59 pm An off-market sale of a 19th century North Loop warehouse converted to offices comes with a promise from the new owner to remodel common spaces and add amenities. Excelsior-based Water Street Partners paid $9.25 million for the Union Plaza building at 333 … Continued

Minneapolis / St. Paul Business Journal Reports on Union Plaza Acquisition

Hines sells historic North Loop office building to local investor By Nick Halter  – Senior Reporter/Broadcaster, Minneapolis / St. Paul Business Journal May 29, 2019, 3:23pm EDT One of the early North Loop warehouse-to-creative office conversions has sold to a local investor for $9.25 million. Water Street Partners of Excelsior said Wednesday it bought the 70,000-square foot Union … Continued

Water Street Partners Closes Water Street Fund I

Minneapolis – Twin Cities-based Water Street Partners, LLC, has closed its Water Street Fund I. The Fund’s initial investment was a $10 million purchase of 610 Business Center (9300 Winnetka Avenue N., Brooklyn Park, MN), an 80,000 square foot Class A building comprised of office and production space. The Fund aims to acquire 3-5 additional … Continued

Water Street Partners Quoted in Finance and Commerce

Pickup in flex property sales bodes well for 2018 Commercial real estate experts think a spate of flex and industrial property sales in recent days is proof that these markets will be as active this year as they were in 2017. Four suburban deals totaling $57.23 million have closed since May 15 with local companies … Continued

Minneapolis / St. Paul Business Journal Reports on First WSP Acquisition

Water Street Partners makes first purchase: $10M building in Brooklyn Park By Patrick Rehkamp  – Data Reporter, Minneapolis / St. Paul Business Journal May 24, 2018, 11:04am Water Street Partners, the real estate company founded last fall by two former employees at The Excelsior Group, made its first purchase. The company recently bought 610 Business Center, located at … Continued