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Minnesota

MinnesotaIndustrial

CBRE Capital Markets closes $49 million purchase loan for Minnesota’s Plymouth Corporate Center

CBRE Capital Markets' Debt & Structured Finance team has arranged $49.6 million in financing for the purchase of Plymouth Corporate Center, a two-story, 628,436-square-foot, multi-tenant…
Staff Writer April 4, 2017
MinnesotaMultifamily

Pinnacle begins pre-leasing of Twin Cities’ Millennium West End apartment building

Pinnacle has opened the pre-leasing of Millennium West End, a six-floor modern mid-rise apartment building in St. Louis Park, Minnesota.
Staff Writer April 4, 2017
MinnesotaMultifamily

Grandbridge Real Estate Capital closes $7 million refinance loan for apartment property in Minnesota

Grandbridge Real Estate Capital recently closed a $7.7 million first mortgage loan secured by a class-A multifamily property in Arden Hills, Minn.
Staff Writer April 4, 2017
MinnesotaCRE

Minneapolis’ Opus makes two key promotions

Matt Rauenhorst has been promoted to vice president while Phil Cattanach has been promoted to director of real estate development at Minneapolis' Opus Development Company.
Staff Writer April 4, 2017
MinnesotaIndustrial

CSM Corporation completes shell of 610 Commerce Center I in Twin Cities market

CSM Corporation has wrapped the shell completion of its 610 Commerce Center I project in Brooklyn Park, Minnesota.
Staff Writer April 4, 2017
MinnesotaMultifamily

Dougherty Mortgage closes $9.5 million refinance loan for 73-unit apartment property in St. Paul

Dougherty Mortgage has closed a $9.5 million HUD 223(f) loan for the refinancing of Crosby Pointe Apartments, a 73-unit multifamily market-rate apartment property in St.…
Staff Writer April 4, 2017
MinnesotaHealthcare

United Properties to build new medical office building in Minnesota community

United Properties has signed a lease with Allina Health for a new medical office building that will house its Lakeville clinic in Lakeville, Minn. With…
Staff Writer April 4, 2017
MinnesotaIndustrial

CBRE Capital Markets closes $4.45 million acquisition loan for bulk warehouse building in Minnesota

CBRE Capital Markets' Debt & Structured Finance team recently closed a $4.45 million acquisition loan for the Winnetka Distribution Center, a single-tenant bulk warehouse building…
Staff Writer April 4, 2017
MinnesotaRetail

Marcus & Millichap sells 98,000-square-foot shopping center in Minnesota

Marcus & Millichap recently closed the sale of Oak Park Ponds, a 98,157-square-foot retail shopping strip located in Stillwater, Minn. The asset sold for $8.9…
Staff Writer April 4, 2017
MinnesotaCRE

Founders of Minneapolis’ RJM Construction purchases company from NorthMarq Companies

RJM Construction, a Minneapolis-based general contractor, has been purchased by its founders, Bob Jossart and Joe Maddy, from NorthMarq Companies, the real estate services holding…
Staff Writer April 4, 2017
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