Sealy Aspen Lane Owner buys 7316 Aspen Ln N in Brooklyn Park for $10.3 million

A warehouse at 7316 Aspen Ln N in Brooklyn Park sold for $10,300,000 on October 8, 2026, according to the Certificate of Real Estate Value filed with the Minnesota Department of Revenue. The Assessor's records put its market value at $6,587,400. The sale price was 56% above that value.

The record lists Nicola MSP II Limited Partnership as the seller and Sealy Aspen Lane Owner, L.L.C. as the buyer.

The Assessor's records show a build year of 1978 and a 6.63-acre lot. The last sale on record before this one was $9,500,000 in 2021.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Hennepin County?

By our estimate, the seller's two largest charges, not counting prorations, were $35,020 for the state deed tax + Environmental Response Fund (Hennepin/Ramsey) and $19,000 for the owner's title insurance policy. Who pays what follows Hennepin County custom.

How much did the seller net?

By our estimate, the seller netted about $10,214,494. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $10,269,405 at closing. That covers the full price and closing costs.

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