JLL adds research director in Minneapolis office
JLL has added Sam Newberg as research director in its Minneapolis office. A thought leader, Newberg comes to JLL with a broad and deep wealth…
Minnesota
How bad is the lack of affordable housing in the U.S.? Some are choosing rent over food
A lack of affordable housing remains a serious challenge for many adults in the United States. A new report from LendingTree shows just how serious.
NAI Legacy completes $42.5 million syndication of net lease portfolio
Bloomington, Minnesota-based NAI Legacy has fully subscribed the $42.5 million Essential Net Leased Midwest DST offering. NAI Legacy established this portfolio under a Delaware Statutory…
Kraus-Anderson finishes construction of $4.9 million hospital expansion in St. Paul
Kraus-Anderson has completed construction of a $4.9 million inpatient mental health expansion of the third floor at Regions Hospital at 640 Jackson St. in St.…
The Opus Group begins construction of 250-unit multifamily TOD in Minnesota
The Opus Group has started construction on a 250-unit multifamily transit-oriented development in St. Louis Park, Minnesota. Located at 3440 Beltline Blvd. in the southeast corner…
JLL adds managing director in Twin Cities market
JLL Capital Markets has hired managing director Scott Loving to specialize in debt and equity advisory transactions in the Twin Cities markets within Minneapolis-St. Paul.…
JLL closes sale of 92,000-square-foot industrial building in Minneapolis market
JLL closed the successful sale of 7800 Picture Drive, a 92,000-square-foot mixed-used industrial building in Bloomington, Minnesota. Previously owned by Shutterfly/Lifetouch, the property will become…
Davis mark opening of 78,000-square-foot medical building in Minnesota
Minneapolis-based developer Davis and several healthcare provider tenants celebrated the grand-opening of the 78,000-square-foot Xchange medical building in St. Louis Park, Minnesota.The new Class-A medical…
Strip centers are doing better than you think
The beginning of the COVID-19 pandemic hit retail hard. And many retailers are still attempting to recover from this initial blow. But a new report…
Minnesota’s Bridgewater Bank adds SVP of commercial lending
St. Louis Park, Minnesota-based Bridgewater Bank has added Tom Grotbo as senior vice president of commercial lending. Grotbo joins Bridgewater with more than 15 years…