Thank you for sharing!

Your article was successfully shared with the contacts you provided.

MINNEAPOLIS—A big change is about to take place in the downtown retail world. Saks has anchored 655 Nicollet Mall, also known as Gaviidae Common, for decades, but United Properties, in a joint venture with Capital Real Estate, Inc., has just acquired the first two floors of the building signed a lease with Walgreens to anchor the project. The 37,000-square-foot space will include Walgreens’ first upscale format in Minnesota, and feature a wide variety of freshly made food, a beverage bar, frozen yogurt, sushi market and high-end cosmetics. It will have multiple entrance points including access to Nicollet Mall and the Minneapolis skyway system.

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?

GlobeSt. NET LEASE 2020Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


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.