INDIANAPOLIS-The REIT's $80 million in new developments include a 128,000-sf industrial facility for Eagle Inc. in Minneapolis. First-quarter activity also includes $54 million of new third-party construction contracts.

EDINA, MN-The firm will move 175 employees from nearby offices to the Edina Realty Building at 6800 France Ave. South by the end of the year. Edina Realty will occupy an additional 25,000 sf of the building.

INDIANAPOLIS-The REIT's $80 million in new developments include a 128,000-sf industrial facility for Eagle Inc. in Minneapolis. First-quarter activity also includes $54 million of new third-party construction contracts.

ALBERTVILLE, MN-Banana Republic, Etienne Aigner, Perry Ellis, Bath & Body Works Outlet and Old Navy are among the new stores to open in what will be the largest outlet center in Minnesota at 306,000 sf.

MINNEAPOLIS-The discount retailer will open 40 new stores in October. However, construction delays postpones openings in Montgomery Park, CA; Watchung, NJ; and Ithaca, NY.

MINNEAPOLIS-The former Lyon Financial Services, now US Bancorp Business Equipment Finance Group, is expected to move this fall to a new building in Marshall, MN.

MINNEAPOLIS-Big surge in subleased space is part of the reason for a rise in the office vacancy rate to more than 10%, the first time it's been there in five years, according to a Grubb & Ellis report.

MINNEAPOLIS-The architectural firm will look at incorporating video conferencing technology as part of the $9-million, 100-bed facility to be built in Owatonna, MN beginning in the spring of 2002.