CBRE closes sale of 67-unit multifamily property in Elk River
CBRE has arranged the sale of Granite Shores, a 67-unit multifamily property in Elk River, Minnesota. Gary E. Hegenes purchased the property from Granite Shores,…
Minnesota
“It’s been a whirlwind for the last four years”: Healthcare real estate market in the Twin Cities remains in flux
The last four years? They’ve been challenging ones for healthcare providers and the brokers and developers working in the healthcare real estate sector.
With consumer spending up and savings down, workers turn to part-time employment and second jobs for relief
Many economic reports in March came in stronger than expected, justifying the Fed’s current stance of being patient in making the decision to lower interest…
Mid-America Real Estate Corporation closes sale of Burnsville neighborhood center
Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Burnsville Crossing, a successful neighborhood center in the affluent Minneapolis-St. Paul suburb of…
CBRE to tackle leasing duties for pair of Minneapolis-area office buildings
CBRE has been awarded the exclusive leasing assignment for two office buildings totaling 100,000 square feet in suburban Minneapolis. The two buildings include Maple Grove…
The top 100 fastest-growing retailers: Consumers still hunting for convenience and bargains
By understanding the needs and preferences of the typical U.S. consumer, the most successful retail brands have evolved to deliver on these expectations. Today, significant…
Minnesota’s Doran Companies names chief construction officer
Bloomington, Minnesota-based Doran Companies has promoted Brent Lindstrom to the role of Chief Construction Officer. As CCO, Lindstrom will lead all preconstruction and construction for Doran Special…
The outlook for the net lease sector in 2024? It all hinges on what the Fed does with its interest rate
Higher interest rates continue to slow the number of investment sales in the net lease sector. And this trend won’t change until the Federal Reserve…
Another hit to owners: The costs of owning apartment buildings keep rising
Owning an apartment building? It's getting more expensive, a challenge that multifamily owners should expect to face throughout the rest of 2024.