Minnesota

CBRE closes $11 million refinance for office property in Edina

CBRE arranged $11 million in refinancing for Grandview Square, a 98,561-square-foot Class-A office property in Edina, Minnesota. Billy Mork, Joel Torborg and Mike Vannelli of CBRE Capital Markets’ Debt…

Cunningham names Minneapolis market leader

Cuningham has named Todd Novak as Minneapolis Market Leader. An accomplished design and business development leader with more than 28 years of experience, Novak will…

Inland completes equity raise for QOZ project in downtown St. Paul

Inland Real Estate Investment Corporation completed the approximately $28 million equity raise for Office Conversion Opportunity Zone, LLC, a private real estate investment vehicle structured to qualify…

Davis acquires four-building outpatient medical portfolio in Minnesota

Davis acquired a four-building outpatient medical portfolio from Lakeview Clinic for $31.3 million. The 114,346-square-foot portfolio includes properties in Waconia, Norwood, Chaska and Watertown, Minnesota.The…

Continuing to bet on the Minneapolis-area industrial market

The industrial development boom in the northern Twin Cities is showing little sign of slowing, and Oppidan Investment Company is betting that businesses will continue…

The Midwest office market? Its momentum took a hit during the second quarter

Momentum for the Midwest office market? It slowed a bit in the second quarter, according to the latest research from Newmark.

Marcus & Millichap brokers $7.1 million sale of industrial property in Albert Lea

Marcus & Millichap closed the sale of a single-tenant industrial property occupied by Green Bay Packaging, in Albert Lea, Minnesota. The property sold for $7.1…

Commercial Real Estate Hall of Fame: Colliers’ Robin Zellmer

A career spanning over three decades, a list of extensive clients, numerous young professionals who call her a mentor and colleagues who call her a…

A modern office building gets a second act in St. Paul

Developers are increasingly transforming struggling office space into multifamily developments. And usually, developers target office with old bones for this process.

Healthcare development today is about thoughtful design and speed to market

The healthcare organizations that will be most successful over the next decade won't be the ones building the flashiest buildings. It will be the ones…

Minnesota

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