Woodlake Centre

Ethika Investments funds acquisition of Woodlake Centre in Minneapolis

Real estate private equity firm Ethika Investments has allocated capital for the acquisition of Woodlake Centre located in Richfield, Minnesota.

This property marks the ninth investment from Ethika's Diversified Opportunity Real Estate Fund.
The 190,000-square-foot complex is a regional destination for health service professionals and supporting industries in Richfield, one of Minneapolis' key inner-ring suburbs. Woodlake Centre is positioned near freeway interchanges I-494, I-35 and the Twin Cities Crosstown Highway, and just ten minutes from Downtown Minneapolis, Mall of America and Minneapolis-St. Paul International Airport.
"At just 4.3 per cent, the Minneapolis market boasts the lowest unemployment rate in the US among metropolitan areas with more than one million in population," says Andres Szita, co-founder and chairman of Ethika Investments. "We are very confident in our investment in this market and for the tremendous upside potential it creates on behalf of our investors."

Further reading

Upcoming events

11 hours 59 min from now - London
11 hours 59 min from now - Shanghai
11 hours 59 min from now - Dubai
11 hours 59 min from now - Hong Kong
11 hours 59 min from now - New York

Upcoming training

Mon, 10/11/2014 (All day) - London
Mon, 10/11/2014 (All day) - London
Thu, 13/11/2014 (All day) - London