Minnesota
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
JLL Closes Sale of Active Adult Apartments in Twin Cities
JLL Capital Markets closed the $27.3-million sale of, and arranged acquisition financing for, Frost English Silver, a newly built, 107-unit, luxury, 55+ housing… 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
Berkadia Closes Sale of Dominium Property in Bloomington
Berkadia arranged the $39.15-million sale of Traditions Bloomington, a 396-unit garden-style multifamily property in Bloomington, IL. Managing director Ralph DePasquale of Berkadia… 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
Packaging Firm Relocates Headquarters Within Twin Cities
Pelican BioThermal, a leader in thermal protection packaging solutions, has expanded and moved its headquarters to Maple Grove, MN. The… 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
JERDE Gets Certified as a Minority Business Enterprise
JERDE was recently certified as an official minority business enterprise (MBE) by the state. The company anticipates similar MBE certification… 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
San Antonio Office Properties Breathe Easier with UL Rating
KBS recently committed to the verification of 16 million square feet of class-A office space in its client portfolio to… Read more
PCCP, Doran JV on Minnetonka Apartment Project
A joint venture of PCCP, LLC and Doran Companies will develop a class A, 350-unit multifamily project located on 5.15 acres at… Read more