Plymouth offices bought, sold in a year

One year ago, Minneapolis-based Falcon Ridge Partners purchased a Plymouth office building leased by UnitedHealth Group, then signed the tenant to a new lease as that tenant fixed up the building.

This week, the 178,385-square-foot property at 6150 Trenton Lane N. sold to Omaha-based Waitt Co. for $24.25 million, according to a certificate of real estate value made public on Monday. Waitt, which already owned an office building leased to Medtronic down the road at 4600 Nathan Lane, decided to buy in the Twin Cities again when it learned that the building was on the market, said Waitt Senior Vice President Clark Horgan.

This time around, the Trenton Lane building won’t be going anywhere for a while.

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