Minnesota

Marcus & Millichap sells four-building multifamily property in Minnesota

Marcus & Millichap (NYSE: MMI) closed the sale of Lakeview Commons, a four-building, 64-unit multifamily tax credit asset in Plymouth, Minnesota. The property traded for…

All those remote workers and only a 2-minute drop in commute times? Doesn’t seem fair

The move to remote work continues to shake up the U.S. office market, with office vacancies reaching all-time highs in many cities during the third…

Northmarq closes nearly $34 million construction loan for pair of business parks in Minnesota

Bill Mork, vice president of Northmarq’s Minneapolis office, arranged the $33.88 million construction loan for the development of two business parks in Brooklyn Park, Minnesota,…

CBRE closes 27,748-square-foot office lease in downtown Minneapolis

CBRE has arranged a 27,748-square-foot office lease within Deluxe Plaza at 801 Marquette in downtown Minneapolis. Workbox, a specialized flexible office operator dedicated to providing…

Emerging Trends in Real Estate Report: Commercial real estate enters its “new normal” period

A new normal. That's what the COVID-19 pandemic has brought to the commercial real estate market, especially in the office and retail sectors.

Northland begins construction of 194-unit expansion of Minnesota apartment development

Northland recently broke ground in Rochester, Minnesota, on the development of a 194-unit expansion to SoRoc on Maine, a 186-unit garden-style apartment community. The firm…

Monthly one-bedroom, two-bedroom rents fall in tandem for the first time in two years

It's happened for the first time in two years: The median monthly rents of one- and two-bedroom apartment units across the United States both declined…

Minneapolis office of CBRE sells four-property multifamily portfolio

CBRE has arranged the sale of a four-property multifamily portfolio in Minneapolis to two separate buyers in separate transactions. Grannes Properties, LLC sold a 14-unit…

Minneapolis’ The Opus Group makes two key promotions

The Opus Group® has promoted Phil Cattanach to senior vice president and general manager and Nick Murnane to vice president, real estate development. Cattanach…

CBRE forms joint venture partnership on five-building industrial portfolio in Minnesota

CBRE has arranged a joint venture partnership between Capital Partners and Eagle Realty Group on a five-building industrial portfolio in Minnesota made up of two…

Minnesota

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