The enduring strength of the multi-family market

July 27, 2010 Of the commercial real estate sectors, there's little doubt that multi-family today is the top performer. I was talking about that this morning with Ed Padilla, chief executive officer of Minneapolis-based NorthMarq Capital. He told me that multi-family was outperforming all other commercial real estate assets in every conceivable measurement. Read more...

Minnesota Real Estate Journal, REJournals Blog

Marcus & Millichap names new president

July 22, 2010 Marcus & Millichap Real Estate Investment Services named John Kerin president and chief executive officer of the firm effective July 1. Kerin is a senior vice president and managing director of the firm, overseeing 18 offices across the nation. Read more...

Illinois Real Estate Journal, Midwest Real Estate News, Minnesota Real Estate Journal, News

Twin Cities’ Welsh earns workplace honor again

July 20, 2010 The Minneapolis St. Paul Business Journal has selected Welsh as one of the ‘Best Places to Work’ in Minneapolis/St. Paul for the second consecutive year. Read more...

Midwest Real Estate News, Minnesota Real Estate Journal, News

LEED pro joins Minneapolis’ Braun Intertec

July 20, 2010 Braun Intertec, a Minneapolis-based engineering, consulting and testing firm, recently added Megan Conner as building sciences specialist with the company’s Building Sciences Group. Read more...

Midwest Real Estate News, Minnesota Real Estate Journal, News

Bernard Financial, through Minnesota-based correspondent, originates $13 million loan for Michigan apartments

July 16, 2010 Southfield, Mich.-based Bernard Financial Group recently arranged a $13-million loan for the Westlake Apartments in Van Buren Township, Mich. Read more...

Midwest Real Estate News, Minnesota Real Estate Journal, News

Eden Prairie, Minn.-based Liberty Property Trust closes 14 lease transactions in second quarter

July 16, 2010 Eden Prairie, Minn.-based Liberty Property Trust bucked the odds of today’s sluggish commercial real estate market by finalizing 14 new and renewed leases in the second quarter for a total of 155,661 square feet of space. Read more...

Midwest Real Estate News, Minnesota Real Estate Journal, News, Uncategorized

Creativity is king in down commercial market

Earlier this week I interviewed John Komlos, vice president with St. Louis-based ARCO Construction Company. We talked about the job his company did transforming a space originally designed for office/warehouse into a youth hockey rink. Read more...

Navigating the redevelopment maze

Working through the redevelopment process of a building project can be extremely challenging. The planning and design of the new Edina Crosstown Medical Office Building located in the southwest quadrant of the intersection of France Avenue and County Road 62 or Crosstown, in Edina, Minn., was no exception to this rule. Read more...