Minnesota
Brookfield Takes Stunning Hit on Two Denver Office Towers
Brookfield Properties sold the 707 17th St. office tower, above a Hilton hotel, for $28.7 million. Brookfield bought the building for $195 million… Read more
JLL Brokers BioLabs’ First Midwest Location in Rochester
BioLabs, an international innovation platform and operator of a network of shared laboratory spaces for life science startups, announced its… Read more
$50M Refinancing Secured for 237-Unit Luxury Apartments in Minnesota
JLL has secured a $50 million refinancing for The Fox and The Grouse, a 237-unit multi-housing property located in the… Read more
Colliers Completes Sale of 33K-SF MOB in Minnesota
Colliers brokered the sale of the Blaine Medical Building, a 33,399-square-foot healthcare center located at 11091 Ulysses Street NE in… Read more
Enclave Launches $200M Fund Focused on Multifamily, Industrial Assets
Minneapolis-based Enclave has launched a $200 million investment fund designed to expand access to alternative real estate investments while offering… Read more
BMO to Sell 138 Branches in the U.S., Open 150 More
BMO has entered into a definitive agreement to sell 138 BMO branches to First-Citizens Bank & Trust Company. The branches… Read more
Syndicated Equities Group Acquires Headquarters Property in Minnesota
Syndicated Equities has acquired the Legrand AV Global Headquarters in Minnetonka, Minnesota. The property integrates all core functions for Legrand… Read more
U.S. Apartment Rent Growth Turns Negative for September
U.S. multifamily advertised rents fell $6 to an average of $1,750 in September in the worst one-month drop since November… Read more
Zenith IOS Acquires Two Chicago Industrial Properties
Zenith Industrial Outdoor Storage has acquired two industrial properties in Chicago located at 9809 Industrial Drive and 1400 Powis Road.… Read more
Marcus & Millichap Arranges Sale of 42-Unit MF in Minnesota
Marcus & Millichap arranged the sale of Hampton Place, a 42-unit multifamily property in St. Cloud, Minnesota, for $2.35 million.… Read more
Eden Prairie Retail Center Expands With Seven New Tenants
Eden Prairie Center, a 1.4 million square foot mall in Minnesota, has expanded its mix of retail and service-based concepts… Read more
CBRE Arranges Sale of 78K-SF Minnesota Industrial Warehouse
CBRE has arranged the sale and acquisition financing for 610 Business Center, a 78,215-square-foot industrial warehouse in Brooklyn Park, Minnesota.… Read more
Chicago/Midwest People & Company News, week of September 26
Baker Barrios Architects has added veteran architect Hiroshi Sango to the company. Sango will serve as associate principal and technical… Read more
Zenith IOS Completes Cold Storage Facility in Minneapolis
Zenith Industrial Outdoor Storage (IOS) has completed a new, state-of-the-art cold storage build-to-suit for Kemps, a farmer-owned brand of Dairy… Read more
CBRE Arranges Sale of New BTR Communities in Minnesota
CBRE has arranged the sale of two build-to-rent (BTR) communities totaling 170 units in Woodbury, Canvas at St. Croix and… Read more
Chicago/Midwest People & Company News, week of September 19
Cushman & Wakefield announced that Anders Pesavento has joined the firm as managing principal for the Minneapolis/St. Paul market. Pesavento… Read more
One Big Beautiful Bill’s Green Energy Cuts Unlikely to Curtail C-PACE Interest
The recent passage of the One Big Beautiful Bill Act (OBBB) of 2025 has put restrictions on tax credits for… Read more