X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

MINNEAPOLIS-Minneapolis-based Ryan Cos. has bought the Essex Building and plans to turn the top three floors into office space.

The building was owned by the restaurant operators who own the Local on its bottom two floors. One of the sellers, Henry Cousineau, is retaining part ownership in the building.

The restaurant operators had planned to build a boutique hotel on the top floors. The building’s top three floors have been vacant since Cousineau and his partner bought the building three years ago for $1.5 million.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.