Minnesota
Best Buy Shows Surprising Strength
Best Buy, the nation’s largest consumer electronics retailer, beat back Amazon.com’s challenge in the latest quarter. The Minneapolis-based company reported… Read more
Best Buy Founder Sells Chain’s Oldest Store in Edina, MN
Best Buy Co. founder Richard Schulze sold a building in Edina, MN that was one of his chain’s oldest stores.… Read more
Workplace Property Trust To Pay $969M for 108 Assets
Workplace Property Trust (WPT), based in Horsham, PA, has struck an agreement with Liberty Property Trust to acquire 108 office… Read more
Groundbreaking Commences on 144-Unit Minneapolis MXU
Opus Group and Greco have launched construction on a 144-unit mixed use development in Minneapolis’ North Loop neighborhood. The project… Read more
Dougherty Lends $24M to Mayo Multifamily in MN
Dougherty Funding LLC, an investor in Minneapolis, has closed on a $23.8 million construction loan for Commons on Mayowood in… Read more
MD-Based DiamondRock Closes on Two Hotel Sales, Pockets $208M
DiamondRock Hospitality Co. closed on two hotel sales totaling $208 million. The 169-room Hilton Garden Inn Chelsea/New York City went for… Read more
Oregon Buyer Felton Adds 245K-SF to MN Portfolio
Felton Properties Inc., based in Oregon, struck a deal to acquire a 245,000-square-foot office building in Plymouth, MN. Felton paid… Read more
Ryan Cos. Plans $90M CBD Minneapolis Tower
Minneapolis-based Ryan Cos. USA plans to develop a $90-million office building in downtown Minneapolis next to the U.S. Bank Stadium,… Read more
CBRE Global Investors Adds Senior Executive
Robert Perry is joining Los Angeles-based CBRE Global Investors in a national role with the Strategic Partners U.S. team. The… Read more
Comcast Pre-Leases 212K SF at Colorado Spec Project
Comcast Corp. pre-leased 212,000 square feet at INOVA I, a five-story building located in INOVA Dry Creek business park in… Read more
Lee & Associates Hangs MN Shingle
Lee & Associates has opened its first Minnesota office. Located at 5353 Gamble Dr. in St. Louis Park, the office… Read more
City Center Realty Sells 336K Plaza Seven in MN
City Center Realty Partners LLC (CCRP) and Angelo, Gordon & Co., have sold the Plaza Seven Office Tower, a 336,000-square-foot,… Read more
First Colorado Senior Cooperative Planned
Real Estate Equities Development LLC unveiled plans for its next Village Cooperative project, the first owner-occupied senior housing cooperative to… Read more
First Senior Housing Co-op Opens in Kansas City Metro
Village Cooperative of Shawnee, a senior-housing cooperative, has opened; the first such project to do so in the Kansas City,… Read more
IKEA Submits Plans for First WI Store
In a move to increase its presence in the Midwest, IKEA has submitted plans for approval to the city of… Read more
Minneapolis’ COCO Expands to Chicago
COCO, a co-working space company in Minneapolis, is expanding to Chicago with its acquisition of Enerspace Chicago at 1046 W.… Read more
Abbott Wants St. Jude For $25B
Abbott Laboratories, headquartered near Chicago, has announced that it will buy St. Jude Medical Inc. in a deal worth $25… Read more
Ryan Breaks Ground on 200K-SF MN HQ
Ryan Companies U.S. Inc. has launched construction on Star Exhibits’ 200,800-square-foot office headquarters in 610 Zane Business Park, at the… Read more