A deepdive into the Midwest multifamily investment environment
One thing is clear for any investors looking at the current multifamily investment landscape—capital markets are exerting significant influence on the sector.
Minnesota
Three tips to find “hidden money” in your real estate leases and contracts
I work in a niche of commercial real estate that is critical to business decisions but rarely top-of-mind. In my world of lease administration and…
CBRE helps bring software company to Minneapolis’ Butler Square building
Butler Square and CBRE announced a new 38,000-square-foot office lease with Kipsu, a Frontline Customer Experience (FCX) software company. The company will move into its…
Marcus & Millichap negotiates sale of 72-room Sleep Inn & Suites in Bismarck
Marcus & Millichap brokered the sale of a 72-room Sleep Inn & Suites in Bismarck, North Dakota. Joseph Ferguson, Jon Ruzicka and Reed Gizinski, investment…
United Properties’ The Ellie earns 2024 Sustainable Eden Prairie Award
United Properties announced that The Ellie, its recently completed residential development in Eden Prairie, Minnesota, has received the 2024 Sustainable Eden Prairie Award in recognition…
More than 8,000 new apartment units this year? Absorption still strong in Minneapolis-St. Paul market even with this surge in supply
Even with new supply hitting the region, the Minneapolis-St. Paul multifamily market continues to see solid absorption numbers.
Kraus-Anderson finishes construction of $116 million high school in Minot
Kraus-Anderson completed construction on a $116 million high school at 2000 21st Av. NW in Minot, North Dakota. The school opened its doors to approximately 1,000…
Marcus & Millichap negotiates sale of 62-room hotel in Shakopee
Marcus & Millichap closed the sale of AmeriVu Inn & Suites, a 62-room hotel property in Shakopee, Minnesota. The property sold for $3.25 million. Jon…
Marcus & Millichap closes sale of 96-unit apartment property in St. Cloud
Marcus & Millichap negotiated the sale of Sterling Heights, a 96-unit apartment property in St. Cloud, Minnesota. The property sold for $9 million, or $93,750…
The adaptive reuse trend? It’s booming in the self-storage industry, especially in the Midwest
A total of 191 million square feet of the United States' self-storage inventory today comes from the adaptive reuse of commercial buildings, typically outdated industrial…