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WOODBURY, MN-Robert Muir Co., an Edina-based developer of retail properties, takes its Woodbury Village Shopping Center off the market after a tentative deal fell through due to Frank's closing its store there. The company also took the Village of Blaine off the market.
ST. PAUL-The nonprofit University Enterprise Laboratories plans to begin a $20-million renovation of a 125,000-sf building in early November that will house start-ups and related firms. Peter Bianco will recruit and evaluate prospective tenants for the incubator.
RED WING, MN-The manufacturing facility, which was recently closed by the class ring and yearbooks company, is on 14 acres in the area's "premier industrial park," says Jeff Patterson, director of corporate real estate services at Colliers Turley Martin Tucker.
MINNEAPOLIS, MN-Gina Dingman, hired from Griffin Cos., becomes vice president of investment services. Al Leirness, from Integra, signs on as vice president of appraisal.
ST. LOUIS PARK, MN-The company completes an $8.5-million stock offering and plans to go from eight restaurants to 26 over the next three years in the Midwest.
MINNEAPOLIS-Industry veteran Gary W. Ascher will specialize in tenancy-in-common marketing as well as tenant-in-common investment sales for Safe Harbor Properties Exchange, sponsored by the Geneva Organization and Upland Real Estate Group.
ST. PAUL-The plan would add 48 gates and a 400-room hotel at the Minneapolis/St. Paul International Airport. Expansion would accommodate growth by Northwest Airlines, which has its main hub here.
ST. PAUL-NorthMarq Capital arranges permanent financing for the 344 market-rate multifamily rental units that are a central part of a larger $170-million development.
MINNEAPOLIS-Multifamily units account for 45% of the 1,731 units planned, but year-to-date accounts for 45% of total units, according to the Builders Association of the Twin Cities.
MINNEAPOLIS-Occupancy levels are at 68.7%, up from 61.9% a year ago, according to a report Twin Cities hotel market from GVA Marquette Advisors, a Minneapolis-based real estate consulting firm.
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