Minnesota

CBRE closes sale of 124-unit multifamily project in Maple Grove

CBRE has arranged the sale of Avery Park, a 124-unit build-to-rent multifamily project in Maple Grove, Minnesota, consisting of 42 detached homes averaging 2,262 square…

A long recovery? Study finds 24% of business owners ready to reduce or eliminate their office space during next five years

Expect the office sector's struggles to continue for the next five years … at least. That's the sobering news from a new study from Clarify…

Minneapolis’ Knutson Construction names VP of field operations

Minneapolis-based Knutson Construction promoted Sean Dols to vice president of field operations. The newly created position is part of Knutson Construction's strategy to strengthen the…

Spectro Alloys, The Opus Group break ground on $71 million expansion of Rosemount recycling facility

Spectro Alloys and The Opus Group® joined by Minnesota Gov. Tim Walz and Rosemount, Minnesota, Mayor Jeff Weisensel, broke ground Wednesday on a $71 million…

Gen Zers? They spend more than $140,000 on rent by the time they hit their 30s

By the time they hit age 30, the average member of Generation Z will have spent $145,000 on apartment rent.

Avoiding the day-two downfall: Five ways to set up a project for success

There are a tremendous number of complexities to erecting the buildings that make up our skylines. Whether a property is a new build or a…

Altus Group’s positive prediction? Expect CRE sales activity to tick up during next six months

More commercial real estate transactions coming in the next six months? That's what Altus Group is predicting. And that's good news for CRE professionals.

JLL Capital Markets provides $10.43 million in financing for 137,179-square-foot distribution center in Blaine

JLL Capital Markets announced today that it arranged $10.43 million in financing for Sanctuary Business Center, a state-of-the-art, newly constructed distribution center totaling 137,179 square feet…

Colliers adds EVP with occupier services group

John Sheehan has joined Colliers as an executive vice president with its Occupier Services group. A multi market-specialist, Sheehan will advise corporate clients across the U.S., advising…

The rise of the sports-entertainment district: Minneapolis the latest to benefit from this trend

The Nationwide Arena District in Columbus, Ohio. The District Detroit. The Deer District in Milwaukee. And, of course, the Wrigleyville neighborhood surrounding Chicago’s Wrigley Field,…

Minnesota

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