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Minnesota

MinnesotaFinanceIndustrial

JLL Capital Markets provides $57.27 million in financing for eight-building industrial portfolio in Minnesota

JLL Capital Markets arranged the $57.27 million acquisition financing for an eight-building industrial portfolio totaling 941,564 square feet spread across Eagan, Brooklyn Center and Fridley, Minnesota.…
October 31, 2023
MinnesotaCRE

Minneapolis Downtown Summit: Challenges and hope in the Twin Cities’ urban core

Does downtown Minneapolis face challenges? Sure. What major U.S. metropolis doesn't? But there's plenty of hope in downtown Minneapolis, too, with developers still targeting the…
Mitchell Simonson October 30, 2023
MinnesotaMultifamily

Berkadia report: Twin Cities apartment units are still filling up … even with the economy’s challenges

The Minneapolis-St. Paul multifamily market faces challenges, with high interest rates topping the list. But demand for multifamily space here remains high, with tenants still…
Dan Rafter October 30, 2023
MinnesotaCRE

Geoff Kasselman and Ra’eesa Motala launch Evoke Partners

Two established, highly regarded national real estate professionals are launching Evoke Partners, a dynamic new platform of companies playing at the intersection of commercial real estate,…
October 27, 2023
MichiganMidwestMinnesotaTexasMultifamily

The boom in built-to-rent single-family housing: What’s behind the growth in this housing type?

One of the fastest-growing segments of the U.S. housing market? According to recent research from Berkadia, it's built-to-rent single-family homes, homes that look like traditional…
Dan Rafter October 26, 2023
MinnesotaSeniors Housing

Lyngblomsten celebrates opening of continuum-of-care campus in Lino Lakes

Lyngblomsten, a Minnesota nonprofit senior services organization, recently celebrated the opening of Lyngblomsten at Lino Lakes, its new continuum-of-care campus at the corner of Hodgson…
October 25, 2023
MinnesotaIndustrial

CBRE closes $88.5 million sale of Minnesota industrial portfolio

CBRE has arranged the $88.5 million sale of a 941,564-square-foot industrial portfolio to Edina, Minnesota-based industrial real estate firm Capital Partners in a joint venture…
October 25, 2023
MinnesotaOffice

JLL completes two office leases in Twin Cities market for financial services provider

JLL helped Alerus Financial, N.A. complete office lease transactions for two broader Minneapolis – St. Paul market locations, helping the company relocate its Shoreview and…
October 24, 2023
MinnesotaHealthcare

A bundling of challenges: The healthcare real estate sector is far from immune to today’s economic and staffing hurdles

Medical providers are increasingly moving into traditional office spaces today. That’s not surprising, as office vacancies continue to rise. Landlords need to fill their empty…
Dan Rafter October 23, 2023
MinnesotaMultifamily

DBS Group serving as construction manager for multi-phase housing project in Minnesota

The City of Jackson, Minnesota, has selected DBS Group to serve as construction manager for the Belmont Heights subdivision infrastructure work in Jackson. The project…
October 20, 2023
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