The Terrace Group acquires River Tech Workplace in Fridley
The Terrace Group acquired River Tech Workplace at 5155 – 5301 East River Road in Fridley, Minnesota. Bentley Smith of CBRE represented the seller in…
Minnesota
Minneapolis’ Kraus-Anderson makes two changes to management team
Minneapolis' Kraus-Anderson made two changes to its management team. KA Construction has named Rich Jacobson as President. He previously served as Executive Vice President and…
Kraus-Anderson completes $49 million addition, renovation at St. Paul schools
The Twin Cities office of Kraus-Anderson (KA) has completed a $49.67 million addition and renovation at Hidden River Middle School and Wilson School in St.…
JLG Architects celebrates milestone at Maple Grove Community Center
JLG Architects is celebrating a significant milestone at Maple Grove Community Center (MGCC) in Maple Grove, Minnesota, concluding the first phase of renovation and expansion.…
Kraus-Anderson hires director of business development in Des Moines
Kraus-Anderson hired Amanda Zwanziger as director of business development in the company’s Des Moines regional office. Zwanziger brings to KA more than 25 years of…
Transwestern closes 60,374-square-foot lease for physical therapy studio in Spring Lake Park
Transwestern announced that Optimize Physical Therapy and Elite Sports Performance signed a 60,374-square-foot lease for the full building at 8406 Sunset Road in Spring Lake…
Think All Real Estate Qualifies for a 1031 Exchange? Think Again.
The 1031 exchange is one of the most powerful tools available to real estate investors, but it comes with important boundaries. A common misconception is…
Marcus & Millichap facilitates sale of 36-unit apartment community in Crystal
Marcus & Millichap negotiated the sale of Krystal Kourt Apartments, a 36-unit multifamily property in Crystal, Minnesota, for $2.97 million. Abe Roberts and Michael Jacobs, investment…
Saber Hall acquires 76,500-square-foot industrial facility in Eagan
Saber Hall Investment Management acquired Lexington Corporate Center, a 76,500-square-foot multi-tenant industrial facility at 3225 Neil Armstrong Blvd. in Eagan, Minnesota, for $9 million. Saber…
Northmarq closes $22 million refinance for 49-unit apartment property in Excelsior
Northmarq’s Minneapolis Debt + Equity team led by Andy Finn arranged the $22.727 million refinancing of One West Drive, a 49-unit boutique apartment at One West Drive in…