MINNEAPOLIS-Artis REIT, based in Winnipeg, Canada, has completed $117 million in office and industrial transactions here. The company has purchased Stinson Office Park, and closed on the second tranche of a 25-property industrial portfolio, consisting of nine sites totaling 1.5 million square feet.

The 307,045-square-foot Stinson property is 97% leased to two tenants, Qwest Communications and Fairview Health Services. Artis bought the building, located in the Midway submarket of the Twin Cities, for $44.2 million from Eagle Ridge Partners.

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