Minneapolis
Duke Realty Hires VP of Leasing for Chicago Region
Duke Realty Corporation has hired Josh Bauer as VP of leasing and development in Chicago. Bauer will negotiate and secure lease commitments… Read more
Baywood Park Gets Final Push to the Tune of $17M Loan
A nearly $17 million construction loan was arranged on behalf of a joint venture Onward Investors LLC and Latitude Development… Read more
Endeavor, PCCP JV on Second Phase of Twin Cities Industrial Park
Endeavor Development and PCCP have formed a joint venture for the ground-up development of two Class A industrial buildings totaling 443,096… Read more
Bellwether Closes Fannie Mae Loan on Minnesota Affordable
Bellwether Enterprise Real Estate Capital LLC closed a $10,080,000 Fannie Mae loan for the acquisition of Four Seasons Apartments in Faribault, MN,… Read more
Roosevelt Neighborhood Multifamily Gets $80M in Added Financing
An $80 million loan was recently arranged for a 275-plus unit apartment complex located in the Roosevelt neighborhood of Seattle.… Read more
Artis REIT Breaks Ground on MN Spec Industrial
Blaine35, a three-building, 317,400-square-foot Class A industrial development, has broken ground in Blaine, MN. CBRE’s Dan Swartz and Austin Lovin are marketing… Read more
CRG Plans 1M-SF Spec Industrial in Twin Cities
CRG, the real estate development and investment arm of Chicago-based Clayco, plans to develop The Cubes at French Lake, bringing up to… Read more
CBRE Closes Sale of Rochester, MN Portfolio
CBRE has completed the sale of a six-building, 589-unit multifamily portfolio in Rochester, MN. Centerspace sold the portfolio to Monarch… Read more
United Properties Breaks Ground on Five Twin Cities Projects
United Properties has broken ground on five industrial facilities in the Twin Cities, bringing nearly 750,000 square feet to the market. Half… Read more
Ryan Companies Tasks Jared Kuhn to Lead Multifamily
Ryan Companies US Inc. recently appointed Jared Kuhn as senior vice president and sector leader of multifamily. This is a… Read more
CBRE Arranges $165M Industrial JV in Minneapolis, Austin and Denver
CBRE arranged a $165-million joint venture platform partnership between United Properties and PCPP on an 11-building industrial portfolio to scale… Read more
Duke Launches Spec Build in Bellwood
The Chicago office of Duke Realty launched construction of a 299,520-square-foot speculative development in Bellwood, IL. The facility is located within… Read more
Ryan Cos. Acquires Property Management Business of Excelsior
The Excelsior Group (TEG) has sold its commercial property management, property engineering and construction management business to Ryan Companies US, Inc. The acquisition grows… Read more
The Office Market: Connect CRE Panelists Provide View from the Trenches
With mixed messages coming from corporate tenants on their near-term and long-term plans for occupancy a year into the pandemic,… Read more
Institutional Managers Trim Their Sails but Stay the Course on Investments
There seems to be a disconnect between the recent announcements from major tech-sector employers (let’s label them Big Tech) and… Read more
Marcus & Millichap Closes Deal for Twin Cities Apartments
Marcus & Millichap arranged the sale of Sibley Cove, an 81-unit apartment property located in Maplewood, MN, within the Twin Cities metro… Read more
Cogent Leases Data Center Space in T5@Minneapolis
Legacy Investing arranged a data center lease with Cogent Communications in Legacy’s newly expanded T5@Minneapolis data center in downtown Minneapolis.… Read more
ORIX USA Provides Funding for Twin Cities Seniors Housing Acquisition
The municipal and infrastructure finance business of ORIX Corporation USA recently completed a $44.8-million tax-exempt and taxable bond financing to… Read more
Hines Taps Stream Realty to Lease Mass Timber Project
The Chicago office of Stream Realty Partners has been engaged by Hines to lease T3 Goose Island, a proposed 270,000-square-foot… Read more