Last Updated: April 1, 2004 11:18pm ET

Carlson Chosen to Build 700,000-SF Project

By Jim McCartney

OAKDALE, MN-The Minnetonka-based commercial real estate company will develop multi-story office, flex, warehouse and office condominium space on 55 acres at the northeast quadrant of I-94 and I-694. Welsh Cos.’ St. Paul office will market the property.

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Distressed CRE Continues to Ebb

WASHINGTON, DC-A forthcoming report from Delta Associates shows that distressed commercial real estate in the United States totaled $166.9 billion in January 2012, down $4.7 billion since October 2011.

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