Minnesota

PCCP provides $43 million loan for renovation of Mayo Clinic Square in Minneapolis

PCCP, LLC has provided a $43.1 million senior loan to Provident Real Estate Ventures, LLC for the renovation and repositioning of Mayo Clinic Square, a…

United Properties breaks ground on Northcross Business Park in Minnesota

United Properties broke ground Aug. 5 on Northcross Business Park, a 36-acre site at the intersection of Minnesota State Highway 610 and U.S. Highway 169…

City Council gives approval to City Place site plan in Woodbury

The City of Woodbury on Aug. 6 approved the site plan for City Place, the 100-acre mixed-use development planned for Woodbury, Minn., at Interstate-94 and…

RJM Construction takes on expansion project at Minnesota medical center

RJM Construction, a Minneapolis-based general contractor, began construction on a specialty expansion project at Fairview Northland Medical Center in Princeton, Minn., in early August.

Red Rock seniors community breaks ground in Minnesota

Red Rock Senior Living, a new, 76-unit senior-living community located just west of Interstate-494 on Century Avenue in Woodbury, Minn., has broken ground.

Marcus & Millichap sells Walgreens store in Minnesota

Marcus & Millichap sold a 14,490-square-foot Walgreens store in Burnsillve, Minn. The $11.5 million sales price equals $794 a square foot.

CBRE Capital Markets provides $8 million permanent loan for new Byerly’s in Minnesota

CBRE Capital Markets has arranged $8 million of permanent financing for the Byerly's grocery store on France Avenue in Edina, Minn.

Lancaster Pollard refinances seniors communities in Iowa, Minnesota

Lancaster Pollard recently refinanced properties in both Minnesota and Iowa through the FHA Sec. 232/223(F) mortgage-insurance program.

Minnesota’s Liberty Property Trust hires director of leasing

Dan Lofgren is the new director of leasing at the Eden Prairie, Minn., office of Liberty Property Trust.

Minneapolis office of Dougherty & Company names new SVP

Investment banker Jeff Seidel has joined the Minneapolis office of Dougherty & Company as a senior vice president in the public finance area.

Minnesota

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