Coldwell Banker Commercial Griffin Companies Announces $1,300,000 Transaction


(Minneapolis, MN 3/­­22/2016) – Congratulations to Dale Severson, Bob Bayer, and Russ Bayer on the sale of 5101-5137 Gateway Street Retail Center in Prior Lake to Dominium Development & Acquisitions.  They represented the Seller, Wells Fargo.

Dominium Development has plans to develop multi-level senior housing with the support of Prior Lake city officials.


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Originating in 1969 as Griffin Companies, our company has provided exceptional services to clients throughout the Twin Cities area, as well as nationally and internationally. In May 2008 Griffin Companies became an affiliate of Coldwell Banker Commercial. This affiliation added additional depth to our services through the reach and resources of over 220 offices and 2,800 professionals worldwide. Today, we remain an independently owned and operated business with the ability to respond quickly to our client’s local and global needs. Coldwell Banker Commercial Griffin Companies provides a team of commercial real estate professionals who offer the highest level of experience and motivation to perform for you, the client. Each new assignment is viewed as a new “relationship opportunity” and not as a “transaction opportunity” which is a significant point of differentiation.

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