Minnesota

Marcus & Millichap sells 23-unit apartment complex in Minnesota

Marcus & Millichap Real Estate Investment Services recently sold Hillcrest Apartments, a 23-unit apartment community in Le Sueur, Minn. The property sold for $792,000.

Cushman & Wakefield/NorthMarq closes three industrial leases in Twin Cities area

Cushman & Wakefield/NorthMarq recently secured three industrial leases in the Minneapolis/St. Paul area.

Fifield Companies’ sale of Alta at K Station in Chicago more evidence of strength of multi-housing market

In yet more evidence of the strength of the multi-family market in the Midwest, a Chicago developer in December closed a major apartment deal worth…

Minnesota’s Dougherty Mortgage closes $1.53 million refinancing loan for 48-unit multi-family property

Minneapolis-based Dougherty Mortgage recently closed a $1.53 million loan for the refinance of the Peaks at Country Club Phase II, a 48-unit affordable multi-family apartment…

Minneapolis’ Dougherty Mortgage closes several multi-family loans

Minneapolis-based Dougherty Mortgage recently closed several commercial loans for multi-family properties.

RJM Construction begins 50,000-square-foot renovation for Minnesota-based cereal maker

RJM Construction, a St. Louis Park, Minn.-based general contractor, has begun construction on a 50,000-square-foot renovation for MOM Brands, the largest family owned cereal company…

Cushman & Wakefield/NorthMarq closes sale of 155,000-square-foot distribution center in Minnesota

Cushman & Wakefield/NorthMarq representatives recently closed the sale of the 155,000-square-foot Kennebec Distribution Center in Eagan, Minn. Investment firm TA Associates purchased the property for…

Opus Development Corporation to build 101-unit luxury apartment complex in downtown Minneapolis

Opus Development Corporation will soon begin development and construction of VÉLO, a boutique luxury residential apartment complex in downtown Minneapolis. Sentinel Management Company, a Twin…

Grandbridge closes $13 million loan for medical office portfolio in Minneapolis/St. Paul

Grandbridge Real Estate Capital recently closed a $13.1 million first mortgage loan secured by a three-building medical office portfolio located in Minneapolis/St. Paul.

Director of properties with Minnesota’s Kraus-Anderson Realty named to shopping center association hall of fame

Cindy MacDonald, director of properties and redevelopment for Bloomington, Minn.-based Kraus-Anderson Realty Company, has been named to the Minnesota Shopping Center Association Hall of Fame.

Minnesota

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