Minnesota

Big deal in the Midwest: Northmarq purchases Stan Johnson Company

In a major deal in the Midwest commercial real estate industry, Minneapolis-based Northmarq will purchase Stan Johnson Company, a real estate brokerage and advisory firm…

CBRE closes sale of 275-unit apartment community in Minnesota

CBRE has arranged the sale of RiZE on Grand, a 275-unit apartment community in Burnsville, Minnesota. LeCesse Development Corporation sold the property to The Connor…

Supply chain issues. A labor shortage. An increasingly competitive market: Can modular construction provide the relief developers seek?

Developers face plenty of challenges today: It’s difficult to find experienced labor. Material costs keep rising. And supply chain disruptions mean that it can be…

Minneapolis’ Moss & Barnett bolsters real estate staff

Attorneys Gabrielle Martone and Aaron Quinby have joined Minneapolis-based law firm Moss & Barnett. Martone is a member of Moss & Barnett’s business law and…

JLL SVP honored for non-profit board service in Twin Cities

JLL Minneapolis Senior Vice President Lynette Dumalag has been selected as an honoree for the Twin Cities Business 2022 Notable Nonprofit Board Service. The Twin…

Still not falling: Office vacancy rates remain stubbornly high across United States

The United States has been dealing with the COVID-19 pandemic for more than two-and-a-half years. And throughout these COVID months, the U.S. office sector has…

Will rising inflation, interest rates scuttle multifamily deals? So far, it’s rarely happening

Demand for multifamily properties continues to soar. Investors want to sink their dollars into these properties, developers want to build more and more consumers are…

Most new units since 1972: Developers building apartment units at a record-setting pace

A building boom. That's what the U.S. apartment market is seeing this year, according to the latest research from Yardi Matrix.

Marcus & Millichap sells 24 self-storage properties across Minnesota

Marcus & Millichap closed the sale of 24 properties owned by KO Storage consisting of more than 700,000 net rentable square feet across Minnesota. Nathan…

Remember the 2019 office? JLL survey suggests that it’s long gone

Has office work changed forever? Are companies taking a new approach when searching for new office space? Those are questions that JLL asked in its…