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News

Dominium Moving Corporate Headquarters to Larger Space in Minnetonka

John Jordan |

The firm, currently headquartered at 2905 Northwest Blvd in Plymouth, MN, states that it will begin renovating the Crest Ridge building in early 2020. Its preliminary plan calls for Dominium to occupy approximately half of the 120,000 square foot building.
News

Nine Building Medical Office Portfolio in Four States Changes Hands

John Jordan |

“This portfolio offered the opportunity to buy a critical mass of medical assets with exposure to some of the top health systems in the country, including Advocate Aurora Health, Einstein Health and INOVA Health System,” said Chris Bodnar, vice chairman of Capital Markets for CBRE.
News

CBRE Completes Medical Office Portfolio Sale

Ingrid Tunberg |

The nine-building portfolio comprises 470,000 square feet across four states.
News

Inland Private Capital Closes First Opportunity Zone Fund Offering

John Jordan |

The fund, through its affiliated entities, plans to develop a 120-room hotel, operated under a nationally recognized brand, and a six-story, 144-unit apartment community at the site.
News

Weidell to Become NorthMarq CEO in 2020

John Jordan |

Padilla, who has served as CEO for 20 years, will become executive chair of the Minneapolis-based firm at that time.
News

West Monroe Partners Signs 208,000 SF Headquarters Lease Deal in Chicago

John Jordan |

West Monroe Partners’ employees will move into the new space in the fall of 2020 from its current headquarters is at 222 W. Adams St., in The Franklin, where it has been since 2012 and currently leases 104,000 square feet.
News

Opus Group Unveils Spec Industrial Project in Mokena

John Jordan |

Construction on the two-building complex will begin this month and should be completed by June 2020, according to the Minneapolis-headquartered firm.
News

IRET Pays $125M for Denver, Minneapolis Properties; Exits Topeka Market

John Jordan |

IRET also has closed on the sale of its entire Topeka portfolio consisting of 1,042 multifamily homes for $82.75 million.
News

Opportunity Zone Investment Activity Mixed in Midwest Cities

John Jordan |

Since 2017, the Chicago area has seen a slight increase in investment within Opportunity Zones, while values in those areas have decreased.
News

NuStyle Secures $88M Refi of The Atlas Apartments Project

John Jordan |

Charlotte, NC-based Grandbridge Real Estate Capital facilitated the closing of an $88,342,000 refinance loan secured by The Atlas Apartments.

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Resources

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