Sherman Associates

New Owner of Greysolon Plaza Says Much Will Remain the Same

Historic downtown building sold for $17.45 Million.

DULUTH, Minn. – The Greysolon Plaza located in downtown Duluth has been sold to Orbach Affordable Housing Solutions for a reported $17.45 million. JLL Capital Markets announced the sale on Monday between Sherman Associates and Orbach Affordable Housing Solutions, based out of New Jersey. The Plaza currently offers 150 one-bedroom affordable housing apartments, along with the Greysolon Ballroom and Black…