DTZ: Office market in Twin Cities enjoys quiet resurgence

April 24, 2015 The multifamily and industrial markets in Minneapolis/St. Paul are thriving. Just look at the number of construction cranes and spec warehouses being built in the Twin Cities area today. But the office market in the Twin Cities is actually enjoying a quiet resurgence, too. And that's good news for anyone hoping for busy times for commercial real estate in 2015 and beyond. Read more...

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Opus Group, Hillcrest Development to develop 40-acre business park in Minnesota

April 22, 2015 Hillcrest Development LLLP and The Opus Group will develop a nearly 40-acre rail-served business park in Cottage Grove, Minnesota. Read more...

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CBRE Capital Markets closes $49 million for 628,000-square-foot office building in Minnesota

April 22, 2015 CBRE Capital Markets' Debt & Structured Finance team has closed a $49.6 million loan for the purchase of Plymouth Corporate Center, a two-story, 628,436-square-foot multi-tenant office building in Plymouth, Minnesota. Read more...

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Minneapolis’ Kraus-Anderson hires recruiting specialist

April 21, 2015 Tim Mayer is the new talent acquisition director at Minneapolis' Kraus-Anderson Construction Company. He is responsible for leading the company's recruiting and hiring programs. Read more...

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Dougherty Funding closes $10 million construction loan for 45-unit apartment building in Minneapolis

April 21, 2015 Dougherty Funding LLC has closed on a $10.3 million construction loan for a to-be-built, six-story, 45-unit apartment project located at Lagoon Avenue and Irving Avenue in the Uptown neighborhood of Minneapolis. Read more...

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CBRE Capital Markets closes $49 million purchase loan for Minnesota’s Plymouth Corporate Center

April 21, 2015 CBRE Capital Markets’ Debt & Structured Finance team has arranged $49.6 million in financing for the purchase of Plymouth Corporate Center, a two-story, 628,436-square-foot, multi-tenant office building at 1405 Xenium Lane North in Plymouth, Minnesota. Read more...

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Pinnacle begins pre-leasing of Twin Cities’ Millennium West End apartment building

April 20, 2015 Pinnacle has opened the pre-leasing of Millennium West End, a six-floor modern mid-rise apartment building in St. Louis Park, Minnesota. Read more...

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Grandbridge Real Estate Capital closes $7 million refinance loan for apartment property in Minnesota

April 20, 2015 Grandbridge Real Estate Capital recently closed a $7.7 million first mortgage loan secured by a class-A multifamily property in Arden Hills, Minn. Read more...

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Minneapolis’ Opus makes two key promotions

April 17, 2015 Matt Rauenhorst has been promoted to vice president while Phil Cattanach has been promoted to director of real estate development at Minneapolis' Opus Development Company. Read more...

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CSM Corporation completes shell of 610 Commerce Center I in Twin Cities market

April 17, 2015 CSM Corporation has wrapped the shell completion of its 610 Commerce Center I project in Brooklyn Park, Minnesota. Read more...

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