Minnesota
Lakes at Stillwater to Debut in Minnesota
Intergenerational Living & Health Care Inc. (IGLHC) purchased an option to acquire 57 acres at the end of Long Lake… Read more
Minneapolis Macy’s Sells for $59M
601W Cos. closed on its $59 million acquisition of Minneapolis’ downtown Macy’s store at 700 Nicollet Mall. The new owner… 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
$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
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
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
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
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
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
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 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