Minneapolis
NAI Legacy Completes Syndication of $43M DST Portfolio
NAI Legacy has fully subscribed the $42.5-million Essential Net Leased Midwest DST offering. As a sponsor of the DST, Minneapolis-based NAI Legacy helped 50 1031 Exchange investors from 18 states:… Read more
Morgan Stanley Fund Enters Multibillion-Dollar Student Housing JV
Student housing owner Global Student Accommodation (GSA) has formed a multibillion-dollar joint venture partnership with a fund advised by Morgan Stanley Real Estate… Read more
JLL Arranges $690M Financing on BREIT Industrial Portfolio
A Dallas-based JLL Capital Markets team arranged a $690-million financing on behalf of Blackstone Real Estate Income Trust for a portfolio of… Read more
Connect Webinar: The Midwest’s Hot Industrial Markets are Everywhere in the Region
Where are the hottest industrial markets in the Midwest in late 2021? “I think they’re all hot in the Midwest right now,… Read more
JLL Forges Minneapolis Brokerage Partnership with WeWork
JLL has been selected as the exclusive broker for WeWork in three buildings throughout Minneapolis. The leasing assignment encompasses 235,732 square feet. Ranging from individual suites to… Read more
Hines Breaks Ground in Minneapolis’ North Loop
Hines and partners AFL-CIO Building Investment Trust and Marquee Development commenced construction on North Loop Green, a new mixed-use development in… Read more
MDH Partners Enters Minneapolis Industrial Market
MDH Partners has acquired Rogers Logistics Center, a 285,582-square-foot bulk Class-A warehouse building in the Twin Cities suburb of Rogers,… Read more
Colliers Adds Senior Advisor on Life Science Real Estate in Twin Cities
Colliers has added to its Twin Cities brokerage roster with the addition of Michael Anderstrom as associate VP and senior advisor of… Read more
D2 Capital Arranges $49M Construction Loan for Minneapolis Hotel
Commutator LLC, led by David Wilson, John Gross, and Andrew Commers, has secured $48,600,000 in construction financing for the development… Read more
NorthMarq Arranges Construction Loan on Apartments Near Mayo Clinic
The Minneapolis office of NorthMarq secured a $31.219-million construction loan for BRYK Apartments. The 180-unit multifamily property will be located… Read more
Misty Bowe Joins Colliers Healthcare Team in Twin Cities
Colliers has added Misty Bowe to its Minneapolis-St. Paul roster of brokers. An industry veteran with more than 18 years’… Read more
Nicola Wealth Snags 22-Property Twin Cities Industrial Package
Colliers finalized the sale of a portfolio of 22 industrial properties dispersed throughout the Minneapolis market totaling 1,915,637 square feet. The team of Mark Kolsrud, John McCarthy, Peter Carbonneau, Peter Loehrer, Kyle Delarosby and… Read more
NorthMarq Arranges Refi on LIHTC Apartments in Minneapolis
Michael Padilla, VP in NorthMarq’s Minneapolis office, arranged the $32,234,000 refinance of Stone Arch Apartments. The 221-unit LIHTC/affordable housing property, built in… Read more
Davis Breaks Ground on MOB in Minneapolis’ Western Suburbs
Minneapolis-based Davis held a groundbreaking ceremony recently to begin construction of a 16,147-square-foot Class A medical office building in Wayzata, MN, a western suburb of… Read more
JLL Arranges $250M for 601W’s Downtown Minneapolis Redevelopment
JLL’s Capital Markets group arranged $250 million in financing for The Dayton’s Project, a historic redevelopment incorporating Class A office, retail and dining space at 700 Nicollet… Read more
WPC Adds Triple-Net ConAgra Warehouse for $114M
JLL Capital Markets closed the $114-million sale of ConAgra Distribution Center, a 1.5-million-square-foot, Class A bulk regional distribution center triple net leased… Read more
Centerspace Doubles Minneapolis Holdings with $324M Deal
Centerspace has closed on its strategic portfolio acquisition in Minneapolis and St. Cloud, MN for an aggregate purchase price of $323.8 million. The portfolio is… Read more
CA Ventures JV Launches Pre-Leasing on Minneapolis Apartments
CA Ventures and Harlem Irving Companies launched pre-leasing at 270 Hennepin, a 22-story, 346-unit, mixed-use residential tower in downtown Minneapolis. The… Read more
CEDARst, Quartz Lake Target Multifamily with JV Investment Fund
CEDARst Companies and Quartz Lake Capital, both headquartered in Chicago, have formed a strategic joint venture investment fund to target infill multifamily development opportunities. … Read more