Benson-Orth completes interior build-out for hockey store in Minnesota

September 09, 2010 Plymouth, Minn.-based Benson-Orth Construction recently completed a6,600-square-foot interior build-out for the retail store Total Hockey, which opened Aug. 5 in the Maplewood Town Center in Maplewood, Minn. Read more...

Midwest Real Estate News, Minnesota Real Estate Journal, News

Minneapolis company offers commercial building owners chance to save on energy costs

September 09, 2010 Minneapolis-based EnergyPrint, a provider of energy benchmarking services, recently launched a new interactive budgeting tool to help property owners manage future energy costs. Energy cost is one of the largest and fastest-growing controllable operating expenses for commercial properties. Unfortunately, even with its relative significance, the energy cost line-item on a budget is one that is least understood. Read more...

Midwest Real Estate News, Minnesota Real Estate Journal, News

Being a landlord isn’t much fun these days

September 09, 2010 If you're the landlord of a commercial office building these days, the odds are you're tired. That's because possible tenants seem to be spending every second of every day trying to squeeze more out of you: more rental drops, more concessions, more incentives. Read more...

Minnesota Real Estate Journal, REJournals Blog

Grandbridge closes two multi-family loans in Twin Cities area

August 26, 2010 Tony Carlson, Dick Riley and Dave Rasmussen in the Minneapolis office of Grandbridge Real Estate Capital recently originated and closed two first mortgage multi-family loans totaling more than $4.7 million for first-time Grandbridge clients. Secured by 108 market rate apartment units, both refinance transactions were funded through a Fannie Mae Small Loan Program lender. Read more...

Midwest Real Estate News, Minnesota Real Estate Journal, News

CBRE arranges $26.8M acquisition financing for apartment property

August 24, 2010 CB Richard Ellis’ Chicago Capital Markets Debt & Equity Finance group secured a long-term fixed-rate first mortgage totaling $26.8 million to finance the acquisition of Valley Creek Apartments, located at 1707 Century Circle, Woodbury, Minn. Read more...

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

Bucking the retail odds in Minnesota

August 24, 2010 New retail development is nearly at a standstill throughout most of Minnesota. St. Paul-based Paster Enterprises, though, is bucking this trend. Read more...

Minnesota Real Estate Journal, REJournals Blog

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...