Dominium purchases new headquarters in Minnetonka

Minnesota’s largest apartment owner will soon have a new tenant: itself.

Long based in Plymouth, Dominium will soon be relocating its headquarters to the Crest Ridge Corporate Center at 11055 Wayzata Blvd. in Minnetonka. The company purchased the 120,000-square-foot property for $18.5 million on Dec. 27, according to a certificate of real estate value made public Monday. The price works out to $154.16 per square foot.

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