Minnesota
Minnesota Firm Targets SA Growth with Acquisition
Minneapolis-based Westwood Professional Services Inc. acquired San Antonio-based engineering firm Coursen-Koehler Engineering & Associates. Westwood’s goal was to strengthen its… Read more
QuickLiquidity Funds Subordinated Debt on 227K SF
QuickLiquidity, headquartered in Boca Raton, FL, funded $2.5 million of subordinated debt on the Minneapolis Mart, a 227,357-square-foot building situated… Read more
CoreLogic: Foreclosures Still Declining
CoreLogic’s most recent foreclosure statistics (November 2016) showed 26,000 completed housing foreclosures nationally. The number represents a 26% decline from… Read more
R.D. Olson Completes Anaheim Resort District Hotel
Irvine, CA-based R.D. Olson Construction completed construction of Country Inn & Suites in Anaheim, CA. The five-story, 174-room project marks… Read more
A 22K-SF Target Coming to Oak Park
Target Inc. is planning its first store in Oak Park, IL. But the Minneapolis-based retailer isn’t planning one of its… Read more
Western Refining Sold for $6.4B
Western Refining, based in El Paso, is being sold to San Antonio-headquartered Tesoro Corp. in a deal valued at $6.4… Read more
$315M Sale is Highest for Minneapolis Building
A subsidiary of Chinese conglomerate HNA Group acquired 33 South Sixth Street/City Center, a 1.6-million-square-foot mixed-use building in downtown Minneapolis.… Read more
Mississippi Buyer Snags 134K SF from Minnesota Seller
EastGroup Properties, headquartered in Mississippi, acquired the 134,400-square-foot Weston Commerce Park, a warehouse and distribution center in Broward County, FL.… Read more
Twin Cities Law Firms Eschewing Corner Offices
According to a recent legal survey published by Cushman & Wakefield, law firms are spending less of their gross revenue… Read more
Skyway to Nowhere will Soon BE Nowhere
An unconnected skyway from a shuttered Macy’s building in downtown, St. Paul, MN will soon be history. The “skyway to… Read more
Inland Pays $116M for CVS Pharmacies
Inland Real Estate Acquisitions Inc. paid a total purchase price of more than $116 million to acquire 24 just-delivered CVS… Read more
Santa Clara Office Asset Trades for $30M
Florida-based Consolidated-Tomoka Land Co. acquired a roughly 76,000-square-foot office building in Santa Clara, CA from Hopkins, MN-based CarVal Investors for… Read more
San Francisco ‘Greenest’ CRE Market
San Francisco ranks as the No. 1 greenest CRE market in the U.S. A new study by CBRE Group, Inc.… Read more
Liberty Property, Workplace Property Close on $969M Sale
Liberty Property Trust closed on the sale of 108 properties, totaling approximately 7.6 million square feet. Buyer Workplace Property Trust… Read more
Graves Hospitality Begins Construction on 124-Key Moxy Uptown
Graves Hospitality launched construction on the 124-room Moxy Uptown, the first hotel property to be built in Minneapolis’ uptown neighborhood.… Read more
MN Maytag Building 100% Leased Before Rehab Completed
Three companies have signed on to take space in a century-old former Maytag building in Minneapolis, MN’s North Loop –… Read more
JLL Income Pays $66M for 254-Unit MN Multifamily
JLL Income Property Trust has acquired the 254-unit Penfield, an upscale, transit-oriented apartment complex in St. Paul, MN. The Chicago… Read more
Premium Waters to Locate Operations in Mississippi
Private-label water bottling company Premium Waters Inc. has decided to locate operations in the 462-acre J.C. McDonald Industrial Park in… Read more
530K-SF MXU Rise at Prospect Park Arises
CA Ventures began work on Rise at Prospect Park, a 530,000-square-foot, mixed-use development. The property will have 336 rental units… Read more