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MINNEAPOLIS—KBS REIT II, Inc. recently agreed to sell 601 Tower at Carlson Center in suburban Minnetonka to Artis REIT for $75 million, according to a document filed yesterday with the US Securities and Exchange Commission. KBS originally purchased the 288,458-square-foot property in 2011 for $54 million. Many significant office properties in the Twin Cities have changed hands in the past year, and this latest profitable sale underlines again how attractive investors now find the metro area’s office market.

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