Minneapolis
Twin Cities Industrial Portfolio Scores $143M Recap
CBRE has arranged the sale and recapitalization of an 11-building, 1,389,949-square-foot industrial portfolio in the suburbs of Minneapolis. The transaction… Read more
Edina, MN 11-Acre Business Campus Gets Big Makeover; Newmark Signs First New Tenants
A recently transformed office building in Edina, MN illustrates that urban-inspired, modern design with first-class amenities can draw tenants to… Read more
STAG Industrial Horns In on the Minneapolis Warehouse Market
An affiliate of Boston-based STAG Industrial, Inc., has purchased a 164,701-square-foot, single-tenant distribution and warehouse facility fully leased to Logistics… Read more
Northmarq Arranges Acquisition Loan on Suburban Twin Cities Offices
Bill Mork, VP in Northmarq’s Minneapolis office, secured acquisition financing of $28,820,000 for the Centre Pointe Business Park in Mendota… Read more
Redwood Capital, Heitman JV Acquires Big MultiFamily Outside of Minneapolis
Chicago-based Redwood Capital Group, a vertically integrated national real estate investment manager, in a joint venture with an affiliate of… Read more
ElmTree Continues Acquisition Streak for Net Leased Office and Industrial
St. Louis-based ElmTree Funds, a net-lease real estate private equity firm, acquired seven assets located across the U.S. for approximately… Read more
Kayne Anderson Sells 350 Unit Multifamily Property in Rochester, MN
Kayne Anderson Real Estate, the real estate private equity arm of Kayne Anderson Capital Advisors, L.P., and Alatus, LLC have… Read more
Minnesota’s Red Lake Nation in $42M Affordable Housing Project
Red Lake Nation in partnership with design firm Cunningham are building a $42 million, 110-unit affordable housing development located in… Read more
Brennan Group Promotes Two to the Position of Vice President
The Brennan Investment Group has promoted Matt Kay and Lucas McCarthy, formerly senior associates, to the position of VP. Kay’s new… Read more
Fixes for Troubled Mag Mile: The Urban Land Institute Report
It’s been a tough few years for one of Chicago’s premier tourist attractions, The Magnificent Mile. It’s a great and… Read more
Two-Building Minneapolis Area Office Complex Trades for $23.46 million
A two building office campus in Eden Prairie, MN near Minneapolis has changed hands for $23.46 million, according to JLL… Read more
Northpond Partners Proposing $150M Mixed Use Redevelopment of Former Calhoun Square Property in Minneapolis
Mixed use and retail specialist Northpond Partners is seeking to redevelop a square block of Minneapolis’ Uptown neighborhood in a… Read more
Multifamily Development Site Trades in Minneapolis’ Loring Park
JLL Capital Markets closed the sale of 307-317 Oak Grove St., a 0.42-acre multifamily development site in Minneapolis’ Loring Park… Read more
Bridge Investment Acquires Minneapolis-Area Offices from Colony
Bridge Investment Group’s office subsidiary Bridge Office has acquired Excelsior Crossings, a pair of seven-story, Class A office buildings spanning… Read more
Suburban Sprawl Puts Financial Strain on Both Cities and Suburbs
America’s suburbs are sprawling again, driven in part by migratory patterns brought on by the pandemic. Last year, single family… Read more
A-Rod’s Monument Capital Makes Fifth Minnesota Acquisition
Monument Capital Management, an A-Rod CORP company, finalized the $19.75-million acquisition of Ridgebrook Apartments, a 144-unit multifamily community at 5840… Read more
Infill MOB Fetches $15M in St. Paul
CBRE arranged the sale of University Crossing, an 84,150-square-foot medical office and industrial technology property at 2200 University Ave. W… Read more
Ryan Companies Trades Six-State MOB Portfolio
Ryan Companies US, Inc. sold a portfolio of medical office assets to Harrison Street for an undisclosed sum. The portfolio comprises 11… Read more
Marcus & Millichap Closes Sale of Twin Cities LIHTC Property
Marcus & Millichap closed the sale of Park Edge Apartments, a 51-unit, Section 42 Low Income Housing Tax Credit apartment… Read more