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Minnesota

MinnesotaOffice

Cushman & Wakefield closes sale of five-building office park in Minnesota

Cushman & Wakefield has arranged the sale of Normandale Lake Office Park, a five-building, 1.7-million-square-foot institutional-quality development in Bloomington, Minnesota.A multi-market team of David Knapp…
July 12, 2022
MinnesotaFinanceMultifamily

Northmarq closes $40 million refinance of 212-unit multifamily property in Minnesota

Patrick Minea, executive vice president and executive managing director of Northmarq’s Minneapolis office, arranged the $40 million refinance of The Bowline at Mississippi Crossings, a…
July 12, 2022
MinnesotaMultifamily

Succeeding in the multifamily market today: It’s all about unearthing that right site in the right submarket

Demand remains so strong for new multifamily units that developing in this space is easy, right?
Dan Rafter July 11, 2022
MinnesotaFinance

Avison Young boosts property management division with new hire

Patty Proshek has joined Avison Young as director, U.S. property management accounting. Based in Minneapolis, Proshek will lead the Real Estate Accounting Services teams providing…
July 11, 2022
MinnesotaMultifamily

BKV Group wraps construction of 188-unit mixed-use development in Minneapolis’ North Loop neighborhood

BKV Group has closed construction on The Duffey, a 188-unit mixed-use community housed on a portion of the former C.J. Duffey Paper Co. site in…
July 8, 2022
MidwestMinnesotaNationalIndustrial

The promise of onshoring: As companies bring manufacturing back to the U.S., demand for industrial space soars even higher

The industrial market across the country is enjoying plenty of momentum, with companies’ demand for new industrial space seemingly unquenchable. But a push by companies…
Dan Rafter July 8, 2022
MidwestMinnesotaNationalFinance

How many deals will rising interest rates wipe away? CRE pros in wait-and-see mode

When the Federal Reserve last month raised interest rates by three-quarters of a percentage point, it ranked as the agency's most aggressive such hike since…
Dan Rafter July 7, 2022
MinnesotaSeniors Housing

Senior Living Investment Brokerage sells assisted-living facility in Minnesota

Senior Living Investment Brokerage closed the sale of an independent and assisted living facility in Anoka, Minnesota, about 20 miles northeast of Minneapolis. Built in…
July 7, 2022
MinnesotaNet LeaseRetail

Cooper Commercial sells Dollar General in Minnesota community

The Cooper Commercial Investment Group closed the sale of a single-tenant absolute NNN Dollar General in Avon, Minnesota, a suburb of St. Cloud. The property…
July 6, 2022
MidwestMinnesotaNationalHospitality

Sweetening the deal: Even after raising wages, hotels still can’t land enough workers

It's not easy finding workers today. And that's especially true in the hospitality industry, where a new survey finds that nearly all hotels are struggling…
Dan Rafter July 6, 2022
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