Minneapolis
Doran Set to Break Ground on Luxury MF in Minnesota
Doran Companies plans to break ground later this month on a new luxury apartment community in Minnetonka, MN. The 175-unit… Read more
Starwood Snags Downtown Minneapolis Tower for $315M
Connecticut-based Starwood Capital Group is acquiring Wells Fargo Center in Downtown Minneapolis for a reported $315 million. The sellers are… Read more
NKF Adds Twin Cities Capital Markets Team with 110 Years of CRE Experience
NKF extended its ongoing expansion in the Minneapolis-St. Paul market with the addition of a leading Capital Markets team comprising… Read more
Regis Relocating HQ to Former Target Campus in Minneapolis
Regis Corporation plans to shift its headquarters in Edina, MN to the former campus of Target Corporation in Minneapolis. The… Read more
Slowdown in Home Price Growth Comes to Chicago
Chicago home price increases have begun to lag after nearly a year of steadiness amid declining annual gains nationally. The… Read more
Bellwether Arranges Refi on Two St. Paul-Area Apartment Houses
Bellwether Enterprise Real Estate Capital LLC has closed on a combined $32 million in two loans to refinance two multifamily… Read more
Opus Completes Spec Industrial in Kansas City Market, Signs First Tenants
Minneapolis-based The Opus Group completed a 230,000-square-foot speculative warehouse and distribution building at 56 Commerce Center in Olathe, KS. Subsequently,… Read more
Where is Search for Yield Taking Investors in 2019?
By Dennis Kaiser The search for yield in a late-cycle environment is drawing more commercial real estate investors into secondary… Read more
Berkshire Residential Makes Twin Cities Multifamily Buy
Berkshire Residential Investments recently finalized its acquisition of the Parkway Off Central, a 191-unit market-rate apartment complex in the Twin… Read more
Newly-Renovated Country Inn & Suites Trades in WI
The Minneapolis office of Marcus & Millichap has closed the sale of the 65-key Country Inn &Suites Fond du Lac… Read more
EJF Will Invest in Oakland Moxy Project Through Opportunity Zone Fund
EJF Capital LLC joined Tidewater Capital and Graves Hospitality to develop Marriott International’s new Moxy hotel in the Uptown neighborhood… Read more
Nurse’s Murder Highlights Unsafe Parking Environments for Healthcare Personnel
Parking structures and lots are the third most common site of murders and assaults in the United States, according to… Read more
Tom Becker Steps into New Role at Opus
The Opus Group promoted Tom Becker to regional vice president of construction and project management. He will manage the Minneapolis… Read more
Apartment Sector Sustains Positive Outlook; Marcus & Millichap Report
Accelerating household formation, underpinned by the tight U.S. labor market, will continue to support apartment rental demand in 2019, predicts… Read more
Multi-Tenant Auto Mall Finds Buyer in Twin Cities
Mid-America Real Estate – Minnesota recently brokered the investment sale of Burnsville Auto Mall, in Burnsville, MN, a suburb of Minneapolis/St.… Read more
Detroit Industrial Leads Midwest for Rent Growth, Vacancy Declines
Detroit ended 2018 with the highest year-over-year rent growth and lowest vacancy of any Midwest market, according to CBRE’s Industrial… Read more
Opportunity Zone Funds Come in Different Shapes and Sizes
The Dec. 3 update of Qualified Opportunity Zone funds, compiled by the National Council of State Housing Agencies (NCSHA), lists… Read more
Opus Acquires Former Target Minneapolis Campus, Plans Redev
Minneapolis-based The Opus Group acquired the former 310,000-square-foot Target Corp. west corporate campus in Minneapolis, located along the Interstate 394 corridor.… Read more
Opus Commences Construction on Minneapolis MF
The Opus Group started construction on a six-story, 218-unit market-rate apartment building in Minneapolis’ North Loop. Located at the intersection… Read more