Minnesota

Cubicles? They’re out. Bedrooms? They’re in Planned office-to-apartment conversions hit record level

It's no secret that the office sector continues to struggle, with Class-B and -C buildings especially battling soaring vacancy rates. Many of these buildings, though,…

How about some good news? U.S. shopping center vacancy rate falls to lowest level since 2007

Resilient. That's how Cushman & Wakefield described the U.S. retail sector in its fourth-quarter 2023 Shopping Center report. Why? Because because the average shopping center…

Work from home? It’s not resulting in any shortage of coworking space in the Midwest

The work-from-home movement hasn't shrunk the amount of coworking space dotting the country or the Midwest, as the latest research from Coworking Cafe shows that…

Northland acquires 154-unit residential property in Rochester

Northland, a national real estate private equity firm, has acquired The Maven on Broadway, a strategically positioned 154-unit residential property in the heart of Rochester,…

Big-D Companies names president of Midwest construction office

Big-D Companies has promoted Cory Schubert to the role of president of the Big-D Construction Midwest office in St. Paul, Minnesota.Schubert's promotion comes not long…

BKV Group ends final phase of construction of Upper Post Flats in St. Paul

Minneapolis-based BKV Group said that the final phase of Upper Post Flats, an affordable housing development that repurposed buildings at the landmark Fort Snelling site…

Sleepless nights: The threat of a recession and worries over inflation keeping CEOs up at night

What are the chief executive officers of the country's biggest companies worrying about when it comes to the U.S. economy in 2024? The threat of…

Associated Bank provides financing of more than $145 million for construction of laboratory and office building in Maple Grove

Associated Bank closed a financing package of more than $145 million for the Ryan Companies US, Inc. for the construction of a three-story, single-tenant Class-A…

Minneapolis-St. Paul a favored target for developers of build-to-rent homes

It's a growing trend across the Midwest: Developers are bringing build-to-rent homes to communities across the region. And according to a recent report from Northmarq,…

CRG’s Susan Bergdoll: Signs point to a busier 2024 for industrial real estate

Yes, industrial real estate remains one of the strongest commercial sectors. This doesn’t mean, though, that this asset class didn’t face challenges in 2023. Higher…

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