Lunds space in N.E. Minneapolis sells for $14 million

The space leased by Lunds grocery store on the main level of Cobalt lofts near St. Anthony Main in Minneapolis has been sold.

An investment group from San Diego-based LLJ Ventures bought the 50,000-square-foot space for $ 14.1 million, according to a report in Finance & Commerce, citing a certificate of real estate value filed with Hennepin County.

LLJ bought the space from Cobalt Retail, which is affiliated with the original developer, St. Paul-based Exeter Realty Co.

Lund Food Holdings, based…
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