Minnesota
Three-State Early Childhood Portfolio Sells to Florida REIT
Marcus & Millichap recently closed the sale of the Yellow Brick Road Portfolio, 18 triple-net-leased early childhood development centers in Iowa,… Read more
Adaptive Reuse Loft Apartments Trade in Downtown St. Paul
JLL Capital Markets closed the sale of Rayette Lofts, an 88-unit, mid-rise adaptive reuse residential and retail property in downtown… Read more
PCCP JVs with Capital Partners on Twin Cities Industrial
PCCP LLC formed a joint venture with Edina, MN-based Capital Partners for the acquisition of a 557,887-square-foot, five-property light industrial… Read more
High Street Launches MXU in Minneapolis’ Lake Nokomis Area
High Street Residential (HSR), the residential subsidiary of Trammell Crow Company, launched construction on a mixed-use development in the Lake… Read more
Minneapolis Moxy Hotel Lands $12M Refi
JLL Capital Markets arranged a $12.3-million refinancing for Moxy Minneapolis Uptown, a 125-room Marriott-branded boutique hotel in the Uptown submarket… Read more
Ryan Plans “Healthy Village” in Twin Cities Metro
Ryan Companies unveiled plans for a “healthy village” concept on 100 acres of land in Maple Grove, MN, within the… Read more
Bridge Enters Twin Cities with Office Deal
Bridge Investment Group entered the Twin Cities market with its acquisition of West End Office Park (WEOP), a 568,000-square-foot, six-building office… Read more
NKF Arranges Refi on Graduate Minneapolis Hotel
NKF arranged a $65-million floating rate loan on behalf of AJ Capital to refinance Graduate Minneapolis, a 304-key hotel on… Read more
Dominium Closes on Former Syngenta Space for New HQ
Dominium closed on the acquisition of an office building in Minnetonka, MN, within the Twin Cities metro area. The business… Read more
CBRE Completes Sale of 4-State MOB Portfolio
A CBRE team based in Atlanta and Denver completed the sale and financing of a nine-building medical office portfolio totaling approximately… Read more
Colliers Grows Debt and Securities Platform with Dougherty Deal
Colliers International will acquire a controlling interest in four subsidiaries of Dougherty Financial Group LLC: Dougherty Mortgage LLC, Dougherty & Company… Read more
Walgreens, UnitedHealth Partner on Medicare Centers
UnitedHealthcare®, the health benefits business of UnitedHealth Group, and Walgreens will open 14 UnitedHealthcare Medicare services centers within Walgreens stores… Read more
JLL Opens First-Ever Lego Escape Room in MN’s Rosedale Center
With game arcades and toy stores no longer the mall bait they once were to families with young kids, JLL’s… Read more
Redwood Capital Recaps Twin Cities Multifamily
Redwood Capital Group, LLC, a Chicago-based multifamily investment firm, has closed on the recapitalization of Hampshire Hill, a 534-unit apartment community in… Read more
NorthMarq President Weidell Will Assume CEO’s Chair
NorthMarq president Jeffrey Weidell will become CEO on January 1, 2020, succeeding Eduardo Padilla. Padilla, who served in the role for… Read more
Twin Cities’ Rosedale Center Gears for MXU Expansion
Rosedale Center, the 1.2-million-square-foot Twin Cities shopping center that attracts more than 14 million visitors annually, plans to significantly expand… Read more
Related, Bank OZK Furnish Debt for Minneapolis Condo Project
Ryan Companies said its Eleven condominium project in Minneapolis has closed on financing from Related Fund Management as the mezzanine… Read more
Twin Cities MF Vacancies Remain Low as Construction Ramps Up
Apartment vacancies in the Minneapolis/St. Paul metro area will drop 10 basis points to finish 2019 at 2.9%, for one… Read more
Riverfront Apartments Will Rise in St. Paul O-Zone
Stoneleigh Companies LLC has acquired 10.71 acres of land for the construction of the 242-unit Waterford Bay Apartments in a St. Paul, MN Qualified… Read more