Minnesota

Taking on the challenge: AFL-CIO Housing Investment Trust still tackling the shortage of affordable housing in Minnesota

The AFL-CIO Housing Investment Trust (HIT) reached a key milestone in 2021, investing $1.6 billion in 100 multifamily housing projects in Minnesota. The projects include…

Kraus-Anderson boosts staff at Minneapolis office

Kraus-Anderson Construction has hired Joel Akason as director of business development and Kraus-Anderson Realty has hired James Lundequam as real estate construction manager. Both will…

Kraus-Anderson names senior project manager

The Bemidji, Minnesota, office of Kraus-Anderson has promoted industry veteran Patrick Weerts to senior project manager. Weerts, who joined KA in 2012 as project manager,…

Pandemic? Even it couldn’t slow commercial development in 2021

Not even the pandemic could bring commercial real estate development to a halt across the country. Despite the struggles brought on by COVID-19, developers continued…

Schafer Richardson to build seven-story multifamily housing property in Minneapolis

Minneapolis-based real estate company Schafer Richardson has acquired 2025 West River Road N in Minneapolis, a site that was previously home to a single-story commercial…

Minneapolis office of Transwestern adds SVP

Leif Aronsen has joined Transwestern Real Estate Services' Tenant Advisory + Workplace Solutions group as senior vice president. A 25-year veteran of the industry, Aronsen…

Don’t expect demand for data center space to fall in the Twin Cities anytime soon

Demand for new data center space has been on the rise in the Minneapolis-St. Paul market throughout 2021. And the signs point to this demand…

Transwestern Real Estate Services sells 90,000-square-foot office campus in Minnesota

Transwestern Real Estate Services closed the sale of Brooklyn Crossing Office Park, a 90,000-square-foot multi-tenant commercial office campus at the corner of Bass Lake Road…

Not slowing down: Multifamily ready for a strong 2022

The COVID-19 pandemic keeps dragging on. And as it does so, commercial real estate developers continue to adapt to the challenges this pandemic throws at…

Industry veteran retiring from Minneapolis-based HGA

As Daniel Avchen retires at the end of December 2021, he leaves a legacy that has shaped and defined Minneapolis-based architecture firm HGA during his…

Minnesota

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