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MINNEAPOLIS-The refinancing for 13 industrial properties totaling 2.3 million sf limits interest rate exposure and staggers maturity dates. The local office of L.J. Melody & Co. arranges the financing from MassMutual/Babson Capital Management.
MINNEAPOLIS-The upscale seafood restaurant chain hopes to add restaurants in San Diego, Atlanta, Miami and Baltimore over the next 12 months. Clarion Capital was the investor and will own a 45.4% stake in the company.
ST. PAUL-The move across the Mississippi River of US Bank hurts the market. Help is on the way with some vacant space converting to residential and new tenants, including Gander Mountain's big lease.
ST. PAUL-The 15,000-sf store on the southwest corner of University and Lexington avenues will join the German grocer's four other stores in the Twin Cities. Local groups say the project is not ambitious enough for the site.
MINNEAPOLIS-The 725,000-sf class A office tower located at 222 S. Ninth St. in Downtown is owned by TIAA-CREF. United's Jim Montez and Brent Erickson will lease the property, while Dave Costello, the building's general manager for five years, will continue to manage it.
OAKDALE, MN-The developer switches focus from lifestyle center to upscale power center when a competitor goes ahead with a nearby lifestyle center. Oakdale Village is located at the northwest corner of the intersection of Interstate 94 and Inwood Avenue.
ST. PAUL-More than a year and a half after it is unveiled, the University Enterprise Laboratories finally raises $9 million in charitable contributions and arranged financing to renovate the former 125,000-sf warehouse in biotech lab and office space.
ST. PAUL-The $6.1-million, three-story apartment and retail complex was developed by Selby Area Community Development Corp. and Legacy Management & Development Corp.
MINNETONKA, MN-American Church Mortgage Co., a real estate investment trust specializing in church properties, is offering secured investor certificates. The funds will be use to make mortgage loans to churches and other nonprofit religious organizations.
MINNEAPOLIS-The 84,000-sf department store will be closed in January. The parent company is considering putting a Herberger's department store in Gaviidae Common on Nicollet Mall.
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