No end to the high vacancy rates in Twin Cities office market
The struggles continue for the Minneapolis-St. Paul office market, according to the latest research from Colliers.
Minnesota
Weidner Apartment Homes acquires Minneapolis’ The Grand Mill District Apartments
Weidner Apartment Homes acquired The Grand Mill District Apartments, a 318-unit luxury high-rise community in downtown Minneapolis. With this acquisition, Weidner strengthens its presence in…
Marcus & Millichap brokers sale of 42-unit multifamily property in St. Cloud
Marcus & Millichap closed the sale of Hampton Place, a 42-unit multifamily property in St. Cloud, Minnesota, for $2.35 million. Chris Collins and Evan Miller,…
Transwestern Real Estate Services names SVP in Minneapolis
Transwestern Real Estate Services appointed Kate Gillette as Senior Vice President, expanding the firm’s Capital Markets and Asset Strategies group in Minneapolis. Gillette will work…
Kraus-Anderson wraps $34.9 million project for Jordan schools
Kraus-Anderson completed a $34.9 million, 96,435-square-foot project consisting of additions and renovations at Jordan Public Schools in Jordan, Minnesota. Project work included two locations: Jordan Elementary School…
Construction starts on Opus’ 115,000-square-foot office building in Edina
Opus announced that construction has started on Arcadia, the 115,000-square-foot Class-A office building the company is developing at 5100 Eden Ave. in Edina, Minnesota. The building…
CBRE closes sale of 78,215-square-foot industrial warehouse in Brooklyn Park
CBRE arranged the sale and acquisition financing for 610 Business Center, a 78,215-square-foot industrial warehouse in Brooklyn Park. The property was purchased by i3 Investors…
Lupe Development Partners’ Lakefield Apartments opens in Minneapolis’ Lyn-Lake community
The Lyn-Lake community of Minneapolis is celebrating the grand opening of Lakefield Apartments, a new affordable, family-oriented housing development now open to residents. Lakefield Apartments…
JLL Capital Markets brokers sale of 216-unit apartment community in Minneapolis’ Uptown neighborhood
JLL Capital Markets closed the sale of Flux Apartments, a 216-unit luxury apartment community at 2838 Fremont Ave. South in Minneapolis' Uptown neighborhood. JLL represented the seller,…
Kraus-Anderson wraps $21.17 million addition, renovation at Mankato Dakota Meadows Middle School
Kraus-Anderson completed a $21.17 million, 53,000-square-foot addition and renovation at Mankato Dakota Meadows Middle School located at 1900 Howard Drive in North Mankato, Minnesota. Designed by LSE Architects, the…