MINNEAPOLIS, Dec. 19, 2025 –  JLL Capital Markets announced today that it has arranged the sale of Helix Apartments, a 167-unit multifamily community in St. Louis Park, Minnesota.

JLL represented the seller and secured the buyer, Jason Quilling of QT Holdings.

Helix Apartments, located at 7450 Hwy. 7 in St. Louis Park, is strategically positioned along the bustling MN-7 thoroughfare with exceptional visibility and accessibility. The property offers residents seamless connectivity throughout the Minneapolis MSA, enhanced by proximity to major highways and a future Green Line Light-Rail stop. The community stands minutes away from major employers including UnitedHealth Group, General Mills, Methodist Hospital and Cargill, as well as Downtown Minneapolis.

Built in 1985 and extensively renovated between 2020-2022, this is one of the top quality buildings in Minnesota, well ahead of its time in terms of character, amenities, and architectural details when the asset was constructed in the mid-80s, on par with or surpassing even newer built assets today.

The property offers irreplaceable floorplans with an average unit size of 990 square feet, featuring a diverse mix of one-, two- and three-bedroom apartments. The asset's extensive amenity package includes a sparkling outdoor swimming pool, 24-hour fitness, community lounge with coffee bar, rooftop terrace, dog park and wash station, park views and walking paths adjacent to Louisiana Oaks Park, sprawling mature grounds of several acres and underground structured parking.

JLL Capital Market’s Investment Sales and Advisory team representing the seller was led by Managing Director Josh Talberg, Director Joseph Peris and Analyst Jack Graveline

"Helix represented a rare opportunity to acquire a proven, stabilized asset in one of the Twin Cities' most sought-after core submarkets," said Talberg. "The property's incredible location, strong demographics, high-touch design and limited supply pipeline made it an attractive investment for the buyer, particularly as the Twin Cities continues to lead its national peer set in apartment fundamentals."

The Twin Cities currently has the second lowest percentage of units under construction among major MSA’s, which is resulting in impressive absorption and rent growth on existing assets.

The property's location provides prime access to Minnesota's premier retail and office corridors including Knollwood, Wolfe Park and West End. The surrounding affluent housing market, with average new construction homes surpassing $1M, underscores the area's desirability.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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