Minnesota

Stan Johnson Company sells CVS portfolio spread across four states

Stan Johnson Company closed the sale of a zero-cash-flow portfolio fully leased to CVS Pharmacy. The four-building, four-state portfolio of retail drugstores totaled more than…

Colliers reps seller in sale of six-building industrial portfolio in Minnesota, Wisconsin

Colliers represented the seller of a more than 1.25-million-square-foot industrial portfolio of six buildings in Minnesota and Wisconsin. Tom Shepherd wtih Colliers|Milwaukee managed the transaction…

Kraus-Anderson names senior manager of project planning and development

Minneapolis-based Kraus-Anderson has promoted Mike Stark to senior manager of project planning and development for the company’s healthcare sector. He will be responsible for developing…

CRE vet named senior executive vice president at Minneapolis office of Colliers

Mark Kolsrud has been promoted to senior executive vice president at the Minneapolis-St. Paul office of Colliers. An expert in office and industrial investment commercial…

JLL report: Twin Cities’ industrial market saw record-setting year in 2020

The Minneapolis-St. Paul industrial market broke records in 2020, seeing more portfolio trades than in any other year.

Opportunity Zone tax questions? IRS releases extended guidance on qualified opportunity fund relief

In Notice 2021-10, the IRS released extended guidance and relief for various opportunity zone requirements during the COVID-19 pandemic.

Omni Viking Lakes Hotel wins Minnesota Construction Association Award

The Omni Viking Lakes Hotel has won a Minnesota Construction Association Award of Excellence from the Minnesota Construction Association in the Over $15 Million category.…

A risky time to start a new development company? Endeavor Development’s Budish says ‘no’

These challenging times haven't stopped commercial real estate industry veteran Josh Budish. In late January, Budish officially launched Minneapolis-based Endeavor Development, a company focused on…

CBRE: Drive-thrus, essential businesses and grocery stores the retail stars in 2021

Is there hope for the retail sector in 2021? The retail capital markets team in CBRE's Minneapolis office thinks so.

JLL Capital Markets closes $24.8 million sale of multifamily portfolio in Minnesota

JLL Capital Markets closed the $24.8 million sale of an 11-property multi-housing portfolio totaling 239 units located throughout the Twin Cities in Minnesota. JLL represented…

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