MINNEAPOLIS-The lab space, about two-thirds of the 125,000-sf building near the University of Minnesota's St. Paul campus, is being renovated in a $9-million program by nonprofit University Enterprise Laboratories.

MINNEAPOLIS-Multifamily units account for 45% of the 1,731 units planned in June, and year-to-date accounts for 45% of total units, according to the Builders Association of the Twin Cities.

EDINA, MN-The 61,129-sf Leisure Lane Shopping Center at 7101 France Ave. is fully leased. John Mulvihill represented Sun Life in negotiations with Tom O'Brien of Northstar Partners, who represented Leisure Lane Partners, LLP.

MINNEAPOLIS-The purchase of Grand Marc Minneapolis, a four-story 183-unit multifamily property with 370 beds of student housing, represents one of the highest price per beds sold to date.

MINNEAPOLIS-Allina Hospitals says its Metro Linen Services, a 21,000-sf facility at 900 S. 8th St., will close Sept. 1. Mark Davis & Associates of Minneapolis is expected to market and sell the facility.

HAM LAKE, MN-The medical device firm buys 11 drive-through restaurants based on a "compelling" return on investment offered by the Fargo, ND-based hamburger chain.

RAMSEY, MN-The glass lens company has plans to sell its assets to a group of Texas investors. It has plants in Ramsey and Indonesia that will keep operating under a $10-million debtor-in-possession financing plan.

MENOMONIE, WI-The Maplewood, MN-based manufacturer will get $500,000, evenly split between Technology Zone tax credits and a loan, to expand its plant here.