Minnesota
CORFAC survey: Economic concerns rise even as industrial continues to surge
Inflation and rising interest rates continue to weigh on the minds of commercial real estate professionals, according to CORFAC’s mid-2023 Business Impact Survey.
Forte Real Estate Partners represent three healthcare clinics in five new leases in Minnesota market
Forte Real Estate Partners' principal Steve Brown and vice president Katie Trevena recently represented three healthcare clients in five new leases totaling nearly 40,000 square…
Upland Real Estate Group closes $5.8 million sale of Minnesota retail center
Upland Real Estate Group's net lease team of Keith Sturm, Deborah Vannelli and Amanda Leathers represented the buyer in the sale of the Oak 36…
Vista Prairie Communities acquires senior care communities in Minnesota
Ridgeway Senior Living and Vista Prairie Communities have completed the transition of ownership for a pair of HADC Ridgeway senior communities in New Ulm, Minnesota.…
Kraus-Anderson finishes construction of $99 million high school in Minnesota
Kraus-Anderson has completed construction on a $99 million high school at 1455 18th St. SE in Owatonna, Minnesota. The project is part of a $112…
Phoenix Investors acquires nearly 1-million-square-foot industrial facility in Minnesota once occupied by Electrolux
An affiliate of Phoenix Investors acquired a 922,444-square-foot industrial building at 701 33rd Ave. N in St. Cloud, Minnesota. Featuring both office and warehouse space,…
Arden Logistics Parks acquires three-building industrial portfolio in Minneapolis market
Arden Logistics Parks acquired the Minneapolis Light Industrial Portfolio, a three-building, 361,428-square-foot portfolio of light industrial assets in the Minneapolis region. The portfolio consists of…
Kraus-Anderson wraps $91.8 million expansion of Minnesota seniors campus
Kraus-Anderson has completed a $91.8 million expansion of Friendship Village, a senior living campus at 8100 Highwood Drive in Bloomington, Minnesota. Friendship Village is owned…
The tax nuances of debt modification: Smart strategies for restructuring debt
The real estate sector is presently encountering exceptional difficulties as the era of low interest rates and minimal inflation has concluded, with lingering economic uncertainty…