Minnesota
Townhome Portfolio Sells to IRET for $72M
Investors Real Estate Trust (IRET), located in Minot, ND, has struck a $72.5 million deal with Bouquet Cos. to acquire… Read more
Investcorp Spends $114M on Two MF Assets
Investcorp’s U.S.-based real estate arm acquired multifamily properties in Minnesota in two separate deals. The New York City-based Investcorp and… Read more
NorthMarq Capital Secures $31.5M Acquisition Loan for Northridge Summit
Minnesota-based NorthMarq Capital secured a $31.5-million acquisition loan for Northridge Summit, an institutional-quality office building located along the I-15 corridor in… Read more
WaterWalk Targets TX, CO for Development
Wichita, KS-based WaterWalk Hotel Apartments, a model that expands mostly through franchising, has signed a $150 million agreement with Rockford… Read more
McNabnay Acquired by Core Partners
Bingham Farms-based Core Partners Associates LLC acquired real estate companies McNabnay & Associates LLC and McNabnay Property Management LLC, both… Read more
Lawson Commons Sells for $68M to Previous Owner
Frauenshuh Commercial Real Estate in Bloomington, MN has re-purchased Lawson Commons from Dallas-based Tier REIT for $68.4 million. Frauenshuh previously owned… Read more
Best Buy Closes 30 Stores in 2015, More in ‘16
In a continued effort to cut costs, Richfield, MN-headquartered Best Buy shuttered 30 stores in 2015, including one in Broomfield, CO,… Read more
Multifamily Veteran Heather Miller Joins StuartCo
Minneapolis apartment management firm StuartCo has hired Heather Miller to oversee a 1,200-unit portfolio of properties. The portfolio includes One… Read more
Victorville Target Closing
Target has announced the closure of 13 stores nationwide, including one in Victorville. The closings will begin early next year.… Read more