Archive | Minnesota Real Estate Journal

Kraus-Anderson completes $4.8 million University of Minnesota Bee Research Laboratory

August 25, 2016 Located at 1634 Gortner Avenue on the university’s St. Paul campus, the UMN Bee Research Laboratory will facilitate groundbreaking work on bee health and biodiversity. Read more...

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A new era at JLL: CRE firm names new CEO

August 24, 2016 JLL has made a big change at the top, naming Christian Ulbrich as the company's new chief executive officer. He will take over the position on Oct. 1. Read more...

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Public-private partnerships gain ground as innovative solution for funding real estate development projects

August 24, 2016 Federal, state and local government agencies have significant real estate needs, including the necessity of repairing and replacing aging infrastructure and utilities. But these agencies are finding it increasingly challenging to find the funding to pay for the development of their properties. As a solution, public-private partnerships (P3s) are gaining ground as a viable funding source for real estate development projects. This is an approach that is catching the attention of not only developers, but also government leaders looking for innovative ways to fund their community infrastructure needs. Read more...

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Cushman & Wakefield launches Automotive Specialty Practice Group

August 23, 2016 The new group includes a global, cross-discipline team of experienced and accomplished real estate and business advisors to auto manufacturers, suppliers, distributors and retailers. Read more...

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NAI Everest announces addition of Tom Backstrom as a vice president

August 22, 2016 Backstrom brings 45 years of hands on involvement on more than 50,000 units to his new role. Read more...

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Dominium announces new construction supervisor in Minneapolis

August 22, 2016 In his new role he will oversee the construction processes on new and existing properties. Read more...

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Looking for financing? The basics still matter

August 22, 2016 Midwest Real Estate News recently spoke with James Cope, executive vice president and managing director with commercial financing company Walker & Dunlop, about the steps investors, owners and developers must take when seeking commercial financing. Cope said that the basics still matter when borrowers are seeking dollars for refinances, acquisitions and construction. Read more...

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Midwest industrial real estate just got even hotter, thanks to a bigger, better Panama Canal

August 18, 2016 The mother of all short-cuts for the supply chain world—the Panama Canal—just got a lot bigger this June, and so did the ships that move through it. As a result, the Midwest industrial real estate market may also be getting a big boost, Panamax-style. However, when and how that boost will occur depends on who you ask. Read more...

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AppFolio: Apartment rents to keep rising, just not as quickly

August 17, 2016 What word best describes the U.S. apartment market today? AppFolio, in its latest research report, points to "growth." Read more...

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Apartment rents keep soaring in Nashville, Minneapolis

August 12, 2016 Want to rent an apartment in Nashville or Minneapolis? It's not cheap, and it's getting more expensive, according to the lastest numbers from apartment-research company Abodo. Read more...

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Minnesota Autism Center gets 50,000-square-foot building expansion

August 12, 2016 The new 50,000-square-foot school sits directly west of MAC's existing school building on 6.5 acres of land. It will be able to house an additional 150 students and 130 staff members. Read more...

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Limited-service hotels leading the way in hospitality boom

August 10, 2016 Is this the longest upswing in the Minneapolis hotel market in … forever? It just might be. Just ask Ronn Thomas, senior director of hospitality for Cushman & Wakefield/NorthMarq. Read more...

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RJM Construction appoints pair of Minnesota team members to market leaders

August 08, 2016 RJM Construction has recently named vice presidents Brad Barickman and Carter Vargo as market specialty leaders. Read more...

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Onward Investors adds new acquisition analyst to its Minneapolis team

August 04, 2016 He will manage Onward’s investor and lender packages, including the preparation of due diligence and purchase agreements. Read more...

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Vikings, Kraus-Anderson start construction of new training facility and headquarters near Minneapolis

August 04, 2016 The Minnesota Vikings began construction earlier this week on their new practice facility and team headquarters. If all goes according to plan, the Vikings' new campus in Eagan, Minnesota, will open in March of 2018. Read more...

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CBRE arranges $9 million financing for Minnesota industrial park acquisition

August 03, 2016 CBRE Capital Markets’ Debt & Structured Finance team have arranged $9 million in debt and equity for the acquisition of Park Industrial Village, a seven-building, 232,674-square-foot industrial park located in Plymouth, Minnesota. The building was 93 percent leased at the time of closing. Read more...

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Multifamily property located on Lake Superior sells for $19.75 million

August 02, 2016 Built in 1973, the property is located at 3800 London Road near downtown Duluth and the Canal Park recreation area on the North Shore of Lake Superior. Read more...

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Apartment building comprised of micro units near University of Minnesota sells for $9.4M

July 27, 2016 With the smallest studios sized at just 402 square feet, Coze Flats tested the waters for efficient “micro” apartments in the Minneapolis-St. Paul market when it opened in 2014. Read more...

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John Semenek joins PREMIER Design + Build Group as assistant superintendent

July 26, 2016 Semenek most recently worked for a leading construction company in Illinois as a carpentry foreman who was responsible for completing work that met the demands of his clients. Read more...

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KBS Realty Advsiors announces new leases and renewal at Northland Center in Bloomington, Minnesota

July 26, 2016 KBS Realty Advisors announced the signing of three leases totaling 25,121 square feet at Northland Center, a Class A office property in Bloomington, Minnesota. Read more...

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