February 29, 2012 Peter Evans believes in the Twin Cities. And so does the company he serves as partner, Chicago's Moran & Company. It's no surprise, then, that Moran & Company continues to do steady business in the Minneapolis/St. Paul multi-family market. Read more...
February 23, 2012 The good news for the multi-family market is that lenders are closing a greater number of construction loans today for strong multi-family projects. Read more...
February 22, 2012 The Twin Cities' multi-family market remains strong as 2012 heads into its third month. In this, Minneapolis/St. Paul is hardly alone; multi-family ranks as the top commercial market in most major Midwest cities. But the Twin Cities do boast of one unusual fact: While landlords are expected to fetch higher rents this year, the vacancy rate of Minneapolis/St. Paul multi-family properties is actually expected to rise. Read more...
February 13, 2012 Minneapolis' Carlson Real Estate Company (CREC) announced today that it this month engaged investment banking firm Eastdil Secured to assist in reviewing and evaluating strategic alternatives for its 5.5-million-square-foot real estate investment portfolio. Read more...
February 03, 2012 Expect a busy year in the multi-family market in Minneapolis/St. Paul. Read more...
January 25, 2012 Minneapolis-based Towle Financial Services celebrated a strong 2011, the company's total loan origination volume increasing 76 percent from its 2010 volume. Read more...
January 09, 2012 Reporters seeking last-minute interviews on commercial real estate trends know just how well Martha Nevanen does her job. So do the commercial real estate professionals at such companies as RJM Construction, United Properties and Cushman & Wakefield/NorthMarq. Read more...
January 05, 2012 The Minneapolis office of Hines, through its Hines Global REIT, recently acquired 9320 Excelsior, a seven-story office building located in Minneapolis. Read more...
December 12, 2011 Cassidy Turley was recently selected by Equity Office Properties to manage the 1550 and 1600 Towers in St. Louis Park, Minn. These properties are part of The Blackstone Group’s recent acquisition of Duke Realty’s 10-million-square-foot suburban office portfolio. Read more...
December 06, 2011 Duke Realty Corporation’s Minneapolis office recently acquired three industrial buildings -— two in Roseville, Minn., and one in Shakopee, Minn., -- totaling 356,143 square feet. The acquisition increases Duke Realty’s Minneapolis industrial portfolio by more than 10.6 percent to 3.7 million square feet. Read more...
