CRE W Minnesota Kraus-Anderson finishes construction on St. Paul school Kraus-Anderson Construction Company recently completed RiverEast, a $21.9 million K-8 special education school for Saint Paul Public Schools. Located at 1055 Mackubin St. in St. Paul, Minnesota, the 71,100-square-foot school will open in September of 2018.
Healthcare W Minnesota Kraus-Anderson wraps construction on 26,000-square-foot clinic in Minnesota Kraus-Anderson has completed a 26,000-square-foot clinic for Fraser in Woodbury, Minnesota. The new mental health and rehabilitation clinic will serve children with special needs.
Industrial W Minnesota Opus to build 86,000-square-foot spec industrial building in St. Paul The Opus Group will build an 86,000-square-foot speculative industrial building at the St. Paul Port Authority’s Beacon Bluff Business Center in St. Paul, Minnesota. Construction is slated to begin in June, and the building is expected to be completed in the end of 2018.
Multifamily X Missouri Gateway buys 29-unit multifamily development in St. Louis market Gateway Multifamily Group has purchased 29 townhouse-style multifamily units in the St. Clair County submarket of St. Louis. The company has also committed to developing 24 additional townhouse-style units.
Office N Illinois Naperville Financial Center sells for $6.4M Podolsky Circle CORFAC International announced the sale and financing of 400 E. Diehl Road (Naperville Financial Center) in Naperville, Illinois. The Podolsky Circle middle market investment advisory team—comprised of managing principal Alissa Adler, principal John Homsher, CCIM and senior vice president Paul Tesdal—represented the seller, …
Office O Indiana Colliers International grows property management portfolio in Indianapolis Colliers International’s Real Estate Management Services division in Indianapolis has recently been awarded a series of exclusive property management assignments. As these new properties come on board, it pulls Colliers’ managed portfolio in the greater Indianapolis area to more than 42 million square feet.
Hospitality W Minnesota Courtyard by Marriott opens in St. Paul market Courtyard by Marriott St. Paul/Woodbury opened its doors in Woodbury, Minnesota, on Jan. 11.
CRE X Missouri Kansas City’s JE Dunn names Midwest president Kansas City, Missouri-based JE Dunn Construction has named Paul Neidlein as its new Midwest Region president. Neidlein assumes this role previously held by Dirk Schafer, who retired at the end of 2017.
Multifamily W Minnesota Marcus & Millichap sells 12-unit apartment property in St. Paul Marcus & Millichap recently closed the sale of 2145 McKnight Road North, a 12-unit apartment building in North Saint Paul, Minnesota. The property sold for $905,000.
Office W Minnesota CBRE closes sale of pair of office buildings in Minneapolis CBRE Capital Markets recently closed the sale of The Broadway and Icehouse Plaza in Minneapolis, two buildings in First & First’s Twin Cities creative real estate portfolio, to Northpond Partners.
Multifamily W Minnesota Marcus & Millichap sells 13-unit apartment building in Saint Paul Marcus & Millichap recently closed the sale of 1091 Goodrich Avenue, a 13-unit, apartment building located in Saint Paul, Minnesota. The asset sold for $1.515 million.
Multifamily W Minnesota Median apartment rents hit 2017 high in December The year is ending with good news for apartment owners and investors: National median one-bedroom rents hit their highest level of the year in December.
Hospitality W Minnesota CBRE sells 209-room hotel near Mall of America CBRE Hotels has arranged the sale of the 209-room Park Plaza Hotel in Bloomington, Minnesota.
Retail W Minnesota Schafer Richardson brings BBQ restaurant to Minnesota community Schafer Richardson, Inc. recently negotiated the new lease of about 2,400 square feet to Rack Shack BBQ at in Eagan, Minnesota, in the Cedar Cliff Shopping Center.
Office W Minnesota Grandbridge Real Estate Capital closes $3.8 million loan for purchase of office/warehouse property in St. Paul Grandbridge Real Estate Capital recently closed a $3.825 million loan to facilitate the acquisition of an office/warehouse property in St. Paul, Minnesota.
Office N Illinois CBRE sells American Academy of Dermatology HQ in Schaumburg, IL CBRE represented the American Academy of Dermatology in the sale of its 44,000-square-foot headquarters at 930 E. Woodfield Rd. in Schaumburg, Illinois to the Emergency Nurses Association.
Retail W Minnesota When it comes to commercial real estate, optimism still rules There was more optimism. That was what surprised Paul Shadle and John Sullivan, partners with law firm DLA Piper, the most during the company’s Global Real Estate Summit held Sept. 26 in Chicago.
Multifamily W Minnesota CBRE helps close sale of 210-unit apartment community in St. Paul CBRE Multifamily represented Ryan Companies and The Excelsior Group in the sale of the Vintage on Selby, a new-construction multifamily project in St. Paul, Minnesota, with 210 apartments and a 39,506-square-foot Whole Foods grocery store, for $87 million to an affiliate of Zurich North America.
Multifamily W Minnesota Marcus & Millichap closes sale of 25-unit apartment project in St. Paul Marcus & Millichap recently closed the sale of 1880 Marshall Avenue, a 25-unit apartment property in the Merriam Park neighborhood of Saint Paul, Minnesota.
Multifamily W Minnesota St. Paul mixed-use development earns LEED Silver ranking 2700 University has earned LEED Silver certification. The development is a $54 million mixed-use, transit-oriented luxury residential apartment development near the Green Line Westgate Light Rail Transit station at the gateway to Saint Paul in Minnesota.