Minnesota

United Financials Capital closes on 17-story office building in Twin Cities market

United Financials Capital, LLC closed on the 8400 Normandale Lake office building in Bloomington, Minnesota, located near the busy intersection of I-494 and Highway 100.…

United Properties starts construction of four-story residential community near Minneapolis

United Properties has started construction of The Ellie, a four-story residential community development on six acres in Eden Prairie, Minnesota.Located 12 miles southwest of downtown…

Kraus-Anderson converting former Duluth school into apartment building

Kraus-Anderson Duluth has begun an extensive $29.7 million renovation that will convert Historic Old Central High School in Duluth, Minnesota, into a mixed-use residential apartment…

Sherman Associates acquires full city block in Minneapolis

Sherman Associates acquired a full city block at the southwest corner of South Washington Avenue and 3rd Avenue South in Minneapolis for its next development…

Kraus-Anderson finishes construction on $63 million school in southern Minnesota

Kraus-Anderson has completed construction on a $63 million K-12 school for the Maple River School District, located on the south side of Mapleton, Minnesota, near…

Colliers closes sale of six-property industrial portfolio in Twin Cities market

Colliers Minneapolis-St. Paul’s Office and its Industrial Investment Services Team closed the sale of The Waters Business Center, a six-property industrial portfolio totaling 325,947 square…

Building a stronger office market? CRE pros say pandemic challenges are resulting in better office space today

No one disputes this: The COVID-19 pandemic hit the office sector as hard as any asset class – or even harder – in commercial real…

Kraus-Anderson begins construction on new elementary school in Minnesota

Kraus-Anderson Duluth has begun construction on a new elementary school in Virginia, Minnesota, for Rock Ridge Public Schools. North Star Elementary School will be located…

Two local developers buy Intrepid Building in Duluth

Two Duluth, Minnesota-based developers have purchased the Intrepid Building at 230 E. Superior Street in Duluth, Minnesota. Brian Forcier, chief executive officer of Titanium Partners,…

Northmarq closes $45 million refinance of 262-unit apartment development in Minnesota

Andy Finn, senior vice president, and Dan Trebil, managing director of Northmarq’s Minneapolis debt/equity team, negotiated the $45.025 million refinance of Axle Apartments in Fridley,…

Minnesota

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