Minneapolis, MN
Three-building Innsbrook office complex sold to Minneapolis firm for $31M – Richmond BizSense
The three-building complex is in the northeast corner of Innsbrook. (BizSense file photo)
A year after landing a state agency as a major tenant, an Innsbrook office complex has sold to a new-to-market buyer.
Franklin Commons, which spans three buildings at 5600-5640 Cox Road, was purchased this week by Minneapolis-based Onward Investors for $31 million, according to Henrico County.
The trio of three-story buildings are tucked away in the northeastern corner of Innsbrook and house 312,000 square feet between them.
The 25-year-old complex got a boost last year when the Virginia Department of Social Services signed on to take about 100,000 square feet to replace is its downtown Richmond nerve center. Another major tenant at the park is water treatment firm ChemTreat. The complex is about 85 percent occupied.
The seller was Franklin Street Properties Corp., a public REIT out of Massachusetts that bought the complex in 2003 for $38.1 million. Franklin Street didn’t respond to requests for comment.
Franklin Street was represented in the sale by Newmark brokers Will Bradley and Mark Williford.
The state’s Department of Social Services relocated there last year.
The sale was recorded with the county July 15. The lease with the Department of Social Services bolstered the complex’s value. The 26-acre campus’ assessed value jumped from $18.7 million in 2023 to $32.5 million in 2024.
The purchase marked Onward Investors’ entrance into the Richmond market and its first in Virginia overall. The firm has about $730 million in assets under management, with over $500 million of that in the Midwest.
Onward Investors director Francis Luzum said that the firm sees Richmond as a “very healthy market” and that it was drawn to Franklin Commons because of its “quality tenancy and stable cash flow profile, with the opportunity to grow net operating income and enhance value through future leasing.”
Private investment is part of how Onward Investors finances its deals. Last summer the company announced the closing of a $112 million capital raise for its “Onward Investors Value Fund III.” It said it planned to use those funds to pursue commercial and residential real estate investments. That fund looks to have helped finance the Innsbrook deal, as the entity Onward Investors used to buy Franklin Commons was OIVF III Innsbrook LLC.
In other Innsbrook office news, local Fortune 500 healthcare distribution giant Owens & Minor is relocating its global headquarters from Hanover County to the Henrico office park.
Just down the street from Franklin Commons is the former Innsbrook After Hours site that was planned to become a food truck court, however those plans were recently scrapped.
Minneapolis, MN
Minneapolis man sentenced to nearly 30 years for murder of Deshaun Hill
A Minneapolis man who pleaded guilty to murdering a high school student in 2022 was sentenced to nearly 30 years in prison on Monday.
It was the second time Cody Fohrenkam was sentenced for fatally shooting 15-year-old Deshaun Hill. He was convicted and sentenced to more than 38 years in prison in February 2023, but the Minnesota Court of Appeals later reversed the conviction and granted him a retrial based on illegally obtained incriminating statements.
Fohrenkam, 33, agreed to a plea deal as his second trial was set to start, pleading guilty to one count of second-degree intentional murder in exchange for Monday’s 340-month sentence. The judge presiding over the hearing gave him credit for 1,476 days already served.
Fohrenkam shot and killed Hill while Hill was walking to a bus stop just blocks from Minneapolis North High School, where Hill was a star quarterback and honor roll student.
One of Hill’s aunts said in a statement shortly before the judge sentenced Fohrenkam that her nephew was “full of life.”
“When he spoke, you listened. He had a soft spirit and a good heart,” she said. “Deshaun was an artist who, as you all know, he took his education seriously. He had dreams and goals. He worked hard to make his family proud.”
This story will be updated.
Minneapolis, MN
Man on Conditional Release Now Charged in Minneapolis Murder — MNCRIME.com
A man is now charged with murder after prosecutors say a robbery inside a Minneapolis apartment building ended in a fatal shooting.
Prosecutors say the man was on conditional release after being charged with first-degree armed carjacking for an incident in Minneapolis last September.
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The killing happened Feb. 24 inside the Abbott Apartments lounge area on the 100 block of East 18th Street, where police found an adult man dead from gunshot wounds after reports of a shooting.
Court documents state the victim and a friend went to the building to meet 20-year-old Abdirahman Khayre Khayre. A witness stated Khayre left the room several times and appeared to be stalling before three armed men entered and demanded property. The men were described as carrying two Glock-style handguns with extended magazines and an AR-style rifle. During the robbery, the suspects demanded a Louis Vuitton bag belonging to the victim. When the victim resisted, a struggle broke out. The witness stated that two guns were taken from him during the robbery.
The witness told investigators Khayre was handed one of the stolen guns and then pointed it at him, causing him to flee into the lobby. Moments later, multiple gunshots were heard. The witness returned and found the victim shot. Surveillance footage from other areas of the building reportedly corroborated key parts of the account, and the witness later identified Khayre in a photo lineup, according to the complaint.
PREVIOUSLY: Man Shot and Killed Inside Minneapolis Apartment Building
Authorities say Khayre was on conditional release at the time of the killing in a separate Hennepin County case involving a September 2025 armed carjacking.
READ MORE > Minneapolis coverage
In that earlier case, prosecutors alleged Khayre and others confronted a woman in a garage near 19th Street and Nicollet Avenue, pointed handguns at her and forced her to give up the keys to a Dodge Challenger before fleeing in the stolen vehicle. Officers later located the vehicle and arrested multiple suspects, including Khayre, who was identified as the driver.
Court records show Khayre posted a $75,000 non-cash bond and was released under conditions requiring him to remain law-abiding, have no possession of firearms or ammunition, avoid alcohol and controlled substances and complete treatment.
Khayre is now charged with second-degree murder without intent while committing a felony and first-degree aggravated robbery. He made an initial court appearance Friday, where a judge set bail at $1 million. If convicted of second-degree felony murder, he faces a maximum sentence of 40 years in prison.
The homicide investigation remains ongoing. Authorities have not yet released the identity of the victim. Anyone with information is asked to contact Minneapolis police by emailing policetips@minneapolismn.gov or calling 612-673-5845. Anonymous tips can also be submitted through CrimeStoppers at 1-800-222-TIPS or online. Information leading to an arrest and conviction may be eligible for a financial reward.
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Minneapolis, MN
Man killed over Louie Vuitton bag, suspect was on bond for suspected carjacking, charges say
Minneapolis police are investigating a homicide on Feb. 24, 2026. (FOX 9)
MINNEAPOLIS (FOX 9) – A man is dead after a witness said he refused to give up a Louis Vuitton bag while being robbed by multiple men at gunpoint.
Abdirahman Khayre Khayre, 20, is charged with second-degree murder and first-degree robbery for the incident that happened on the evening of Feb. 24 in Minneapolis.
READ MORE: Man fatally shot in south Minneapolis apartment building
Fatal Minneapolis shooting after robbery
The set-up:
Minneapolis police responded around 10:42 p.m. on Feb. 24 at the Abbott Apartments, located on the 100 block of East 18th Street in the Stevens Square neighborhood of Minneapolis.
Officers then found a dead man in the lobby who had been shot multiple times.
A witness to the shooting said he and the victim arrived at the apartments to “hang out” with Khayre, according to the criminal complaint.
The witness said he became suspicious when Khayre he left the room multiple times and “appeared to be stalling.”
The robbery:
The complaint states the witness reported three men then came into the room and yelled “Give me everything.” The men were armed with Glock handguns that had extended magazines as well as an AR-style rifle.
They then stole two guns from the witness, and one of them was handed to Khayre.
When the men demanded a Louis Vuitton bag from the victim, he refused, leading to a fight between them all.
The shooting:
The witness said when he walked toward them, Khayre pointed the witness’ stolen gun at him and racked it.
The witness then got out of the room, ran toward the lobby and heard multiple gunshots. He then saw two of the men flee out the back of the building, but didn’t see what direction they went in.
The victim was then found dead.
The aftermath:
Khayre was then identified by the witness in a photo lineup, according to the criminal complaint.
Police say video footage corroborated much of what the witness reported.
Khayre was on conditional release for a suspected carjacking at the time of the shooting, according to the complaint.
The Source: This story uses information gathered from a criminal complaint filed in Hennepin County and previous FOX 9 reporting.
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