Minnesota

Alterra IOS acquires 16 industrial outdoor storage spaces

Alterra IOS acquires16 IOS locations totaling 34.8 usable acres from TruGreen, the country’s largest lawn care service provider. TruGreen serves nearly 2.3 million residential and…

A growing demand for 1990s-2000s office buildings? It’s happening in the Twin Cities

It's no secret that a growing number of tenants are choosing higher-quality Class-A office space when making leasing decisions today. But a new report from…

JLL Capital Markets closes sale and financing for Minneapolis’ Rafter Apartments

 JLL Capital Markets closed the successful sale and financing for Rafter Apartments, a luxury multi-housing community in Minneapolis. JLL represented the seller, a joint venture between…

MG2 names managing principal in Minneapolis office

Global architecture and design firm MG2 has promoted Scott Owen Jr. to managing principal in the Minneapolis office. Owen, Jr. is an MG2 principal and leads…

Minneapolis’ Hempel Real Estate adds CRE veteran to launch real estate development business

Bill Katter has joined Hempel Real Estate in Minneapolis to launch a new real estate development business as part owner, where he will lead the…

Avison Young report: Twin Cities industrial market prepped for an even stronger showing in 2025

The industrial market in the Minneapolis-St. Paul region experienced a slight decline in vacancy rates during the fourth quarter of 2024, according to the latest…

Some relief for the office sector? Planned office-to-apartment conversions hit record high

It's a big jump: The number of apartments set to be converted from office spaces has soared from 23,100 in 2022 to a record-setting 70,700…

Marcus & Millichap negotiates sale of two animal hospital properties in New Ulm, Mankato

Marcus & Millichap brokered the sale of two single-tenant animal hospital properties in New Ulm and Mankato, Minnesota. The properties collectively sold for $2.805 million. …

Midloch’s Tim Donovan: Multifamily remains a top investment choice in Wisconsin and across the Midwest

As managing director of Midloch, a private real estate investment company with offices in Milwaukee, Chicago and Minnesota, Tim Donovan understands the Midwest’s multifamily market…

Schafer Richardson celebrates groundbreaking of 128-unit affordable senior housing community in Twin Cities market

Schafer Richardson celebrated the ceremonial groundbreaking of The Rosalyn, a 128-unit affordable senior (55+) housing community at the intersection of Lyndale Ave S. and American…

Minnesota

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