Target pays $110M to end lease on 51-story tower in Minneapolis five years after previous downsizing - Target was one of the building’s original tenants when the tower opened in 1983 ...
Samsung bought City Center in 2018 for roughly $320 million. The company failed to refinance a roughly $200 million mortgage ...
The owner of City Center, one of the largest buildings in downtown Minneapolis, is preparing to put the 51-story tower on the market after Target Corp. paid nearly $110 million to end a long-term ...
Target pays $110M to end lease in downtown Minneapolis’ City Center, which is now for sale The retailer vacated the building in 2021, but its lease was supposed to run through 2031.
Target Corp., which has posted three straight years of sales declines, now says it has a clear path forward. On Tuesday, new ...