Minnesota

MinnesotaEducation

Kraus-Anderson begins $24 million renovation of Chaska Middle School West

Kraus-Anderson has begun a $24 million renovation of Chaska Middle School West at 140 Engler Boulevard in Chaska, Minnesota. Designed by Wold Architects and Engineers,…

MinnesotaMultifamily

JLL Capital Markets brokers sale of 48-unit multifamily community in Coon Rapids

JLL Capital Markets closed the sale of Oakmont Apartments, a 48-unit multi-housing community in Coon Rapids, Minnesota. On behalf of Gaughan Companies, JLL facilitated the sale…

MinnesotaHospitality

Marcus & Millichap brokers sale of 88-room hotel in Minnesota

Marcus & Millichap closed the sale of Microtel Inn & Suites Rochester South, an 88-room hospitality property in Rochester, Minnesota. Jon Ruzicka, Jake M. Erickson, Jared Plamann…

MinnesotaIndustrial

Opus’ Mahoney: Twin Cities’ industrial sector settling into a new normal

Industrial development, sales activity and leasing all dipped during the first quarter of 2024 across the country. And in the Minneapolis-St. Paul market? CRE professionals…

MinnesotaOffice

Falling valuations and the impact on tax revenue in the Twin Cities

In recent years, there has been a notable decline in the occupancy rates of office buildings in metropolitan areas across the nation, attributed in part…

MinnesotaN DakotaCRE

Kraus-Anderson Construction adds business development directors in North Dakota

Kraus-Anderson Construction has hired two new North Dakota business development directors to meet the construction growth in the Upper Midwest.   Amy Hass will become the…

MinnesotaCRE

St. Louis Park’s Monarch CRE bolsters its staff

St. Louis Park, Minnesota-based Monarch CRE added commercial real estate veteran Justin Baratz to its roster last week. Baratz was at Cushman & Wakefield for…

MinnesotaMultifamily

CBRE closes sale of 191-unit multifamily property in Blaine

CBRE has arranged the sale of Berkshire Central, a 191-unit multifamily property in Blaine, Minnesota. Sentinel Management Company purchased the property from BMIRF CENTRAL, LLC…

MinnesotaMultifamily

Sherman Associates completes Ladder 260 apartment development in Minneapolis

Sherman Associates has completed Ladder 260, a $34 million affordable housing development at 260 Portland Ave. in the Mill District neighborhood of Minneapolis. Kraus-Anderson is…

MinnesotaCRE

Minneapolis’ NAI Legacy boosts multifamily investment sales team

Minneapolis-based NAI Legacy has hired David Kampmeyer as the newest member of its Multifamily Investment Sales team. As a Brokerage Associate specializing in multifamily properties,…