Brewing company signs long-term lease at Miller Textile building in Minneapolis

July 20, 2016 Renovation began in December 2015 and the property is being transformed from the historic Miller Bag Building into creative, dynamic office and retail space. Read more...

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Dominium adds pair of associates to its Minnesota office

July 18, 2016 Dominium has hired Trevor Martinez and Ahmed Abdelhameed as staff associates at its Plymouth, Minnesota-based headquarters. Read more...

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Valley Natural Foods to open new meat 16-acre processing plant in southern Minnesota

July 13, 2016 Valley Natural Foods acquired 16 acres of land, including a building that will be retrofitted to meet the growing demand of livestock producers and serve the needs of family farms in 10 Southern Minnesota counties. Read more...

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Office vacancy rates fall to lowest level since 2008

July 13, 2016 The office sector isn't as hot as multifamily or industrial. But this sector is seeing steady improvement across the nation, according to the latest numbers from CBRE. Read more...

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Norstrom Rack to open at CityPlace in Woodbury, Minnesota

July 09, 2016 he approximately 26,000-square-foot store is scheduled to open in spring 2017. The property is owned and managed by Elion Partners, a Florida-based real estate investment firm. Read more...

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New medical office building underway at The Grove Village Shopping Center in Minnesota

July 07, 2016 Located at the corner of Maple Grove Parkway and Grove Circle North, the one-story building will be home to Park Nicollet Physical Therapy and HealthPartners Physicians Neck & Back Center. Read more...

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Wells Fargo Place in Minnesota now being marketed for sale

July 06, 2016 The office tower is centrally located in the St. Paul business district and has historically maintained a high level of occupancy with a strong tenant mix. Built in 1987, the property has been owned by an affiliate of Unilev Capital Corporation since 2006. Read more...

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Yardi Matrix predicts solid apartment rent gains in Kansas City, Nashville and Knoxville

July 06, 2016 Average apartment rents in the United States rose another $10 in June, marking the third straight month of double-digit gains, according to the latest apartment rent survey by Yardi Matrix. Read more...

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Cushman & Wakefield: Cool matters for retailers

June 29, 2016 How cool are the streets running through your neighborhood? If you live or do business from Minneapolis' North Loop neighborhood, those streets might be very cool -- or hip, if you prefer -- indeed. Cushman & Wakefield recently released its Cool Streets of North America report. The report looks behind the rise of the dozens of new edgy retail districts across the United States and Canada. Many of the neighborhoods featured in the report have long been known as cool. But others, like the North Loop neighborhood, are relative newcomers to the world of cool. Read more...

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Minneapolis’ Dougherty Funding hires industry vet as EVP

June 27, 2016 Minneapolis' Dougherty Funding has hired Murray Kornberg as executive vice president. Read more...

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Zumper study: Multifamily rents keep rising in Minneapolis

June 23, 2016 There's a reason why so many developers are building new apartment towers in downtown Minneapolis: The demand for multifamily space is high. And with that high demand comes something building owners love, higher monthly rents. Read more...

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Mike Wilhelm returns to CBRE as senior vice president in Minneapolis

June 20, 2016 A 25-year commercial real estate industry veteran, Wilhelm spent the last 15 years with Zeller Realty Group, most recently as senior vice president where he led the Minneapolis office leasing team. Read more...

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The Cornerstone office building in Minnesota sells for $1.8 million

June 20, 2016 Marcus & Millichap announced that The Cornerstone, a 13,765-square foot office property located at 1 Central Avenue West in Saint Michael, Minnesota, has sold for $1.81 million. Read more...

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New medical office building planned for Brooklyn Park

June 20, 2016 Ryan Companies unveiled plans to develop, build and manage a new 40,000-square-foot medical office building located within the 610 Zane Business Park in Brooklyn Park. Read more...

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NorthMarq’s Blumberg: Skin in the game matters when it comes to commercial financing

June 20, 2016 Midwest Real Estate News recently spoke to Susan Blumberg, senior vice president and managing director with the Chicago office of NorthMarq Capital, about how busy developers and investors are these days when it comes to requesting commercial financing for new developments and acquisitions. Blumberg's answer? Very Read more...

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Onward Investors promotes two Minneapolis team members to vice president

June 16, 2016 Onward Investors has promoted Barb Jones to vice president and controller, and Scott Schmitt to vice president of acquisitions. Both have previously served as directors. Read more...

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Cardigan Ridge Senior Living breaks ground in Little Canada, Minnesota

June 15, 2016 Located at 3300 Rice Street, just south of I-694, the 158,000-square-foot senior community will provide independent living, assisted living and memory care apartments with a variety of styles -- many with decks, screen porches, balconies and views of Black Tern Pond. Read more...

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Walgreens drugstore in Sauk Rapids, Minnesota sells for $11.5 million

June 15, 2016 The buyer was a private 1031-exchange investor, according to Brian Parmacek, a director in Marcus & Millichap’s Net Leased Properties Group. Read more...

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Latest research: Indiana still a manufacturing, logistics leader

June 15, 2016 Indiana has always been known as a leader in manufacturing and logistics. Its central location helps, as does its skilled workforce and pro-business government. A new infographic, created by JLL, provides yet more evidence that Indiana remains a powerhouse when it comes to manufacturing. Read more...

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Construction on new Roseville, Minnesota senior living community breaks ground

June 13, 2016 The 115-unit senior community will provide 85 independent living and assisted living apartments with a variety of floor plans, 24 memory care apartments and six care suites. Read more...

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