The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-05-21
TIE BEST WEEK OF 1902 LOTS MADE ATTRACTIVE
WHAT REAL ESTATE MEN DID
Made Good Sales and Saw Improve
nent in Markets ..-.
Tone.


David P. Jones finds the past week to
have been the best in general tone for the
year. Fourteen sales of parcels of prop
erty have been made within the six work.
ing days. In actual tone, contracts,
strength and frrnness the week has been
unsurpassed since the season of 1909 he
gan. He finds also rising values.
Walter A. Eggleston Of the D. c.. Bell
Investment comDan-' sjroborates the
above statement h. wing q total Of
ninety sales in varying numbers on diff
fereCt days since March /. ~ "-.,'.-
The principal. transactions have been
the sale of the Fitchette building and the
lease to the Victoria Land company, and
the sale OF 200 feet frontage on Park
avenue between Twenty-second and Twen-
ty-fourth streets for w. O. Winston and
G. N. Merriam: through Thorpe Brothers,
at about $125 a front foot George w.
Peavey will build on the lot.
r. A. Jameson, agent for the Manches-
ter Savings banks property in Mime
and Nineteenth! for SIS, O0O:S r This is the
Ieighborhcod of the Newell, Harris, Sem
pie, Quirk, Little and Van -Dusen resi-
dences. Mr.. Jameson, has also disposed
of lot 10 hnd 20 feet of lot 8, block 70,
Hillside addition. on Groveland just off
Vine to Robert Slavin for $1,000. This
was owned by the Day Building & Lard
sold SO Tenth street s, AZ feet, for $4,000.
Mr.. Jameson has to a certain extent
combatted the theory of lack of faith In
Minneapolis realty en- the part OF local
agents by buying for himself at Eleventh
and Hennepin, 11S feet on Eleventh street
for $15,G00 -.
J. B. Tabcur has sold the flats at Pills
bury and Twenty ninth for S1,o0o ana 5249
First avenue IS for $4,e 900. =. -.
G.. A. :Quist & Co., have sold to George
G. Tisdale 921aX1S2 feet at Twenty sixth
avenue NE and Jackson, on which the
purchasers will exoend $1,000 in six
houses. " -
$50 600 building to- be erected next to the
Masonic temple by the Gluek Brewing
company. 81
KEGS & Colhurn< are asking bids on the
| J. R. Clark company's plant on Western
avenue. :
A. L. Dorr has the plans for the l.. W.
Collins building at Fourth street Str ct, ana
Edmund G. Walton will erect building
| at Third avenue and First street to be
occupied by&Berr1an Brothers, dealers IN
hides and fur. 81
As indicating values of real estate near
| Fourth street and First. avenue 5. where
the Oneida block ard the Bank Of Com
merce buildings have been sold recently
the appraisal Of lot seven OF Johnson's
| subdivision of block 80, town of Mime
apels. occupied by George Benz y Sons
! is interesting. Reappraisal was neces,
sary according to terms Of the. lease
| Howard Turner was appointed by the
Benz interests, IIuth Jaeger by the cour
aid l.. L. Penney by Albert Johnson
Messrs. Turner and Jaeger returned :
valuation Of the lot alone, % feet from
on Fourth by 157 feet on the alley, a
$4,000 or about $727.7O foot. Mr.. Pen:
ney did not concur. D..
| In the light Of this decision the rumol
that 5000 a foot had been offered for tn
Century hall corner, so feet by 1851, witt
SIS, 900 for the building seems rather TO-
high to he true. At any rate such al
4 offer is as large as has been made 10
any local property.