Minnesota’s Steiner hires new vice president of development
Wayzata, Minn.-based Steiner Development recently hired Matt Lucas as its vice president for development.
Minnesota
Martha Nevanen: Always on message for Marquette Real Estate Group
Reporters seeking last-minute interviews on commercial real estate trends know just how well Martha Nevanen does her job. So do the commercial real estate professionals…
Towle Financial Services closes $7.3 million loan for commercial projects in Minnesota
Towle Financial Services recently closed $7.3 million in permanent loans for Pine Tree Park Apartments and 241-247 Snelling Avenue South in St. Paul, Minn.
Hines acquires seven-story office building in Minneapolis
The Minneapolis office of Hines, through its Hines Global REIT, recently acquired 9320 Excelsior, a seven-story office building located in Minneapolis.
Minnesota’s Opus sells buildings in Iowa, Illinois
Minnetonka, Minn.-based Opus Development Corp. recently sold a pair of its construction projects, one in Iowa, the other in Illinois.
Veteran Twin Cities’ developer Klodt dies
The Twin Cities lost yet another commercial real estate pioneer when Paul Klodt, an influential real estate developer in the region and founder of Minneapolis-based…
Moran & Company: Twin Cities’ multi-family market among the strongest in the country
Peter Evans believes in the Twin Cities. And so does the company he serves as partner, Chicago's Moran & Company. It's no surprise, then, that…
Minnesota’s Opus sells 45-acre land parcel to Seattle-based corporation
Opus Development Corporation recently sold a parcel of land in Shakopee, Minn., to Seattle-based SanMar® Corporation for an undisclosed sum.
Vacancies to rise — but so will asking rents — in Twin Cities’ multi-family sector
The Twin Cities' multi-family market remains strong as 2012 heads into its third month. In this, Minneapolis/St. Paul is hardly alone; multi-family ranks as the…
Grandbridge closes $3 million refinancing loan for three Minnesota industrial properties
Grandbridge Real Estate Capital recently closed a $3 million first mortgage loan secured by three industrial properties totaling 95,000 square feet in Coon Rapids, Minn.