Minnesota

So many challenges to overcome: Construction companies navigating a tough economic environment

The story isn’t shocking to anyone who’s followed commercial construction: High interest rates and the rising costs of materials and labor are making it more…

Minneapolis’ United Properties names ESG manager

Minneapolis-based United Properties reaffirmed its commitment to social and environmental responsibility today with the formalization of its environmental, social and governance (ESG) initiatives and guiding…

“The plumbing is clogged.” Industrial development, new construction faltering as interest rates remain high

Challenging times. That’s what the industrial sector is facing today in the Minneapolis-St. Paul market. The culprits? High interest rates, of course.

Going up (and up and up): JLL report details the rise of the urban multistory warehouse

What can developers do when companies need warehouse space in tight urban locations? Why not build up?

Marcus & Millichap closes sale of 82-room hotel in Burnsville

Marcus & Millichap recently brokered the sale of AmericInn Hotel & Suites Burnsville, an 82-room hospitality property in Burnsville, Minnesota. Jon Ruzicka, Joseph Ferguson, Jake…

Society of Industrial and Office Realtors names officers

The Society of Industrial and Office Realtors® (SIOR), the world’s premier commercial real estate organization for industrial and office brokers, inducted its 2023-2024 officers during…

CORFAC survey: Economic concerns rise even as industrial continues to surge

Inflation and rising interest rates continue to weigh on the minds of commercial real estate professionals, according to CORFAC’s mid-2023 Business Impact Survey.

Forte Real Estate Partners represent three healthcare clinics in five new leases in Minnesota market

Forte Real Estate Partners' principal Steve Brown and vice president Katie Trevena recently represented three healthcare clients in five new leases totaling nearly 40,000 square…

Upland Real Estate Group closes $5.8 million sale of Minnesota retail center

Upland Real Estate Group's net lease team of Keith Sturm, Deborah Vannelli and Amanda Leathers represented the buyer in the sale of the Oak 36…

Vista Prairie Communities acquires senior care communities in Minnesota

Ridgeway Senior Living and Vista Prairie Communities have completed the transition of ownership for a pair of HADC Ridgeway senior communities in New Ulm, Minnesota.…

Minnesota

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