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Minnesota

MinnesotaMultifamily

CBRE sells six-building multifamily portfolio in Minnesota

CBRE has completed the sale of a six-building, 589-unit multifamily portfolio in Rochester, Minnesota. Centerspace sold the portfolio to Monarch Investment & Management Group in…
June 3, 2021
MinnesotaFinanceMultifamily

Colliers Mortgage closes $6.6 million loan for 36-unit apartment community in Minnesota

The Minneapolis office of Colliers Mortgage recently closed a $6.6 million Fannie Mae loan for the acquisition financing of Mahtomedi Flats, a 36-unit market rate…
June 3, 2021
IndianaMinnesotaTennesseeIndustrial

Avison Young: Industrial construction keeps soaring despite rising materials costs

Consumers were flocking to online shopping before COVID-19 hit. Now, as the pandemic appears to be winding down, even more have embraced the simplicity of…
Dan Rafter June 2, 2021
MinnesotaNet Lease

Upland Real Estate Group sells Sleep Number store in Minnesota

Upland Real Estate Group's net lease team of Deborah Vannelli, Keith Sturm and Amanda Leathers represented a 1031 buyer in its acquisition of the Sleep…
May 27, 2021
MinnesotaIndustrial

Colliers brings the good news: Industrial real estate to remain hot in Twin Cities market throughout rest of the year

Demand has soared for industrial real estate across the country. And this sector has been especially strong in the Minneapolis-St. Paul market, according to the…
Dan Rafter May 27, 2021
MinnesotaMultifamily

JLL Capital Markets closes $17 million sale of multi-housing portfolio in St. Paul

JLL Capital Markets closed the $17.08 million sale of an eight-property multi-housing portfolio totaling 133 homes throughout St. Paul, Minnesota. JLL represented the seller, Skip…
May 26, 2021
MinnesotaRetail

NorthMarq closes $8 million refinance of Cubs Foods in Minnesota

Andy Finn, vice president of NorthMarq’s Minneapolis office, negotiated the $8 million refinance of the Cub Foods in Shorewood, Minnesota. The single-tenant retail property was…
May 25, 2021
MinnesotaMultifamily

Kraus-Anderson finishes construction of 32-unit housing project in Minnesota

Kraus-Anderson has completed Conifer Villas, a $7 million, 32-unit supportive housing project on Itasca Loop NW in Bemidji, Minnesota. Developed by the Headwaters Housing Development…
May 25, 2021
MinnesotaOffice

JLL closes $11.25 million sale of corporate center in Twin Cities market

JLL Capital Markets has closed the $11.25 million sale of Minnetonka Corporate Center, a 94,435-square-foot office/warehouse/R&D facility in Minnetonka, Minnesota. JLL represented the seller, Onward Investors, LLC,…
May 25, 2021
MinnesotaOffice

Law firm Henson Efron relocating to Capella Tower in downtown Minneapolis

Minneapolis law firm Henson Efron has moved its offices to the Capella tower in Minneapolis. Capella Tower is a 58-story certified LEED Gold building in…
May 24, 2021
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