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St. Paul, Minn. (December 2, 2021) — Coldwell Banker Commercial represented the seller in the disposition of Fairview Estates, a 39-unit multifamily property located in St. Paul, Minn. for $5.96 million.

Kirk Kenneally, a commercial real estate professional with Coldwell Banker Commercial Realty, represented the seller, the estate of Mildred Rein, in the transaction.

The four-story property, located at 1776 St. Clair Ave., was built in 1961 and is mainly comprised of one and two-bedroom units.

“Fairview Estates was owned and managed by the Rein family for decades, and they’re extremely pleased to sell this property to a new legacy owner,” said Kenneally.

About Coldwell Banker Commercial Realty

Coldwell Banker Commercial Realty, the local affiliate of Coldwell Banker Commercial®, provides commercial real estate solutions serving the needs of owners and occupiers in the leasing, acquisition, and disposition of all property types.  With a collaborative network of independently owned and operated affiliates, the Coldwell Banker Commercial organization comprises almost 200 companies and more than 3,000 professionals throughout the U.S. and internationally. For additional information, visit www.cbcworldwide.com

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