Minnesota
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
Healthcare Real Estate Insights Names 2018 Award Winners
Healthcare Real Estate Insights™ announced the winners of the 2018 HREI Insights Awards™, the only national awards dedicated to recognizing… Read more
Six Red Lobster Restaurants Trade for $26M
Mill Valley, CA-based Four Corners Property Trust (FCPT) acquired six Red Lobster restaurant properties in Delaware, Indiana, Kentucky, Minnesota, Mississippi… 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
Vacant Livermore Office Eyed for Medical MXU Redevelopment
Carlsbad, CA-based Mana Investments and Minneapolis-based Hunter Street Partners envision reviving and rebranding the vacant Sunset Office Plaza in Livermore,… Read more
It’s Official: Resideo to Set Up Shop at 901 E. Sixth
Resideo Technologies Inc. indicated it would establish its national headquarters at 901 E. Sixth St. in Austin. The smart home… Read more
JLL Creates, Opens Its Own Retail Store
JLL has created its own retail concept and opened the first store under the new brand. Featuring handcrafted goods from… Read more
Ryan Names Barr, Collins Presidents of Newly-Formed Regions
Minneapolis-based Ryan Companies US, Inc. created a new organizational structure that will better utilize and integrate its team across the… Read more
Menlo Equities Snaps Up a Target HQ Building
Target Plaza III, one of the buildings Target Corp. uses for its downtown Minneapolis headquarters, has traded for $171 million.… Read more
Pre-Leasing Strong on Two New Meritex Builds
Meritex is nearing completion on two 144,000-square-foot bulk-distribution buildings in the Minneapolis suburb of Roseville, MN, totaling 288,000 square feet.… Read more
Pebblebrook Finalizes $30M Sale of Grand Hotel Minneapolis
Bethesda, MD-based Pebblebrook Hotel Trust closed on the sale of the 140-room, Grand Hotel Minneapolis in Minneapolis, MN for $30… Read more
Construction Financing Arranged for $119M Minnesota Development
A joint venture led by Brickstone Partners Inc. and Denver-based KMK Capital, in partnership with Deutsche Finance America, secured a… Read more
Opus, Hillcrest Complete First Phase of Twin Cities Development
Minneapolis-based The Opus Group, in collaboration with Hillcrest Development LLLP, completed the North Star Sheets building at Southeast Industrial Park in… Read more
Ryan Reveals Updated Vision for 41-Story Minneapolis Condo Tower
Ryan Companies and Arcadia LLC revealed newly-updated images for Eleven, a 41-story condominium project in Minneapolis. Located in the Mill… Read more
Opus Divests Goodyear Crossing DC for $43M
Minneapolis-based Opus Development Company, LLC sold Goodyear Crossing Phase one, a newly-completed warehouse distribution facility in Goodyear, AZ for $42.7… Read more
Arcapita Acquires Cleveland Industrial Portfolio
Arcapita acquired a seven-property industrial real estate portfolio in Cleveland from an affiliate of Minneapolis-based Biynah Industrial Partners LLC for an… Read more
R2/Skydeck Venture Buys Creative Office in Milwaukee, Minneapolis
A venture of R2 Companies and Skydeck LLC has acquired a creative office portfolio in Minneapolis and Milwaukee totaling more… Read more
Women in Real Estate 2018: Golub’s Deborah Frank is a Proactive Problem-Solver
For Golub & Company, Deborah Frank oversees all the leasing and marketing of commercial properties, including more than 2.75 million… Read more
CRE’s Liquidity is on the Decline Again
With all of the capital chasing what often appears to be too few investment opportunities, one key metric is on… Read more