Minneapolis

The latest deals, trends and personnel moves in the region.

THOR Cos. has made a committment to the long-neglected neighborhood and brought along other firms as well.

MINNEAPOLIS—Equus just sold two value-add multifamily properties just two years after purchase, partly due to the tremendous interest others have in the metro area.

MINNEAPOLIS-In the Twin Cities, a four-story building is being built in Minnetonka, and a five-story cooperative is going up in Roseville.

MINNEAPOLIS-The London-based firm is the new owner of the one-million-sf Fifth Street Towers here, and RiverPark in Norwalk, CT.

BROOKLYN PARK, MN-CSM Corp. plans to have at least 200,000 sf of flex office space on a 19-acre site it purchased at the intersection of highways 610 and 169.

BLAINE, MN-The estimated $55-million Blaine Preserve is planned for mostly industrial properties and some office, up to 900,000 sf, and seven acres of service retail.

MINNEAPOLIS-The sponsor company says leasing the older buildings is more profitable than building new in a tight market.