Dealership Buys Bloomington Event Center for $5.3M

A BMW affiliate acquired the former Knights of Columbus property on American Boulevard, which the seller's council must now leave.

Updated on Nov. 6, 2026 in Commercial

Dealership Buys Bloomington Event Center for $5.3M

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An entity affiliated with Motorwerks BMW acquired a 20,614-square-foot Bloomington event center occupied by Knights of Columbus Council 3827 for $5.3 million. The sale, brokered by Cushman & Wakefield, also includes a parking lot across the street.

Why it matters

The Bloomington buyer owns the neighboring property and operates a car dealership, and is acquiring the site for business purposes unrelated to its fair market value. The Knights of Columbus council is now looking for a new meeting place.

The 20,614-square-foot event center, built in 1957, sold for $5.3 million, about $1.5 million above Hennepin County's $3.8 million valuation this year. The buyer, UAG Realty LLC of Bloomfield Hills, Michigan, paid in cash, and the future use of the site has not been announced.

The players

Motorwerks BMW

Motorwerks BMW is a car dealership whose affiliate acquired the Bloomington property.

Knights of Columbus Council 3827

Knights of Columbus is a Catholic fraternal service organization whose local council occupied the event center before the sale.

Cushman & Wakefield

Cushman & Wakefield is a global commercial real estate services firm that brokered the Bloomington deal.

The details

The 1957 building at 1114 and 1215 American Blvd. W. in Bloomington was occupied by Knights of Columbus Council 3827 before the sale. The buyer, UAG Realty LLC, is affiliated with Motorwerks BMW and paid in cash for the property.

Timeline

  1. Bloomington event center was built in 1957.

  2. Hennepin County valued the property at $3.8 million this year.

  3. The sale certificate for the property is dated October 15, 2026.

Market Landscape

The purchase reflects a pattern of dealerships acquiring neighboring parcels to expand their operating footprint in the Twin Cities metro. It shows how commercial sites used for community purposes can be repurposed when adjacent businesses need additional space.

Residents who used the Knights of Columbus hall for events will need to find a new venue. The future use of the American Boulevard site could affect traffic and parking near the dealership.

The takeaway

Commercial property sales can quickly change how neighborhood sites are used, so local groups that rely on a building should monitor ownership changes. Anyone following the site can watch for city planning decisions that will determine what replaces the event center.

Further reading

Explore more Bloomington commercial real estate coverage for local property deals.

Source note: This article includes information reported by Finance & Commerce.

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