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BRAINERD, MN-Sports Resorts International has put the drag strip, three-mile road course and 650 acres up for sale to concentrate on its manufacturing business in Michigan.
EDINA, MN-The 68,000-sf office building was nearly one-third vacant. United Properties, its owner, revamped it into a healthcare professional services building and now its 94% occupied.
BLOOMINGTON, MN-Target and General Mills are in the market for more space, perhaps as much as 300,000 sf, as vacancy rates are expected to improve in every submarket except Downtown St. Paul.
DULUTH, MN-Dress Barn will buy the small town apparel retailer, which has 464 stores in strip centers in 38 states. The new owner plans to add 20 new Maurices stores by the end of February and 30 to 40 new stores annually.
STILLWATER, MN-The purchase of 100,000 sf in the grocery-anchored mall represents the Cleveland area real estate investor's first property in the Twin Cities. Target and Cub Foods are shadow anchors.
EAGAN, MN-Two smaller Minnesota facilities are closed as a result of the new facility, which will help the Hightstown, NJ-based data security and regulatory compliance company expand.
MINNEAPOLIS-Jeff LaFavre comes from United Properties to become managing principal of the local office of Colliers Turley Martin Tucker, overseeing the brokerage, appraisal and property management divisions. He replaces Mark Reiling, who will build his company's investment real estate business.
MINNEAPOLIS-Minneapolis BOMA honors Normandale Lake Office Park's "contribution to quality, character of suburban Minneapolis office buildings." Developer United Properties and owner TIAA-CREF were honored as part of the recognition.
EAGAN, MN-Toll Brothers wants to build 73 townhouses and 36 single-family homes on the 38-acre site. The site is filled with manure and accepted the debris from the demolition of the old Metropolitan Stadium razed after the Metrodome was built in 1985.
MANKATO, MN-Xcel Energy has agreed to buy the energy from the plant, which is expected to be in service in 2006. Calpine has seven other plants under construction.
From Placer.ai
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Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource