Minnesota

St. Louis’ Poettker Industrial Services wins trio of safety awards

St. Louis-based Poettker Industrial Services, a woman-owned business specializing in utility, infrastructure, and renewable energy construction, won three safety awards, one of which recognizes continued safety…

Big tech still values the office, but in a different way

The office market's recovery has been a slow one since the days of the COVID pandemic. One reason? Tenants are pickier today about the office…

Even as retail spending hits new heights, consumers are more selective with what they’re buying

Americans are still spending money, but they are increasingly careful about where they spend it.

HREC brokers sale of 70-room hotel in Mounds View

HREC Investment Advisors arranged the sale of the 70-room AmericInn Mounds View Minneapolis, in Mounds View, Minnesota. The property was acquired by SevenFour Hospitality, a…

High gas prices still putting a hurt on hotel industry

The U.S. hospitality sector continues to face a challenging travel environment this summer, but a shortage of new hotel construction and improving investment activity point…

Evolution never stops at Minneapolis’ 9th Street Center

When Hillcrest Development acquired Minneapolis’ 9th Street Center in the late 1990s, the company saw potential in a sprawling industrial property that boasted plenty of…

Life Time breaks ground on flagship club in Maple Grove

Life Time held a groundbreaking ceremony June 15 alongside City of Maple Grove leaders and Knutson Construction for a new flagship athletic country club in…

JLL Capital Markets closes $18.55 million sale of renovated office building in Shoreview

 JLL Capital Markets announced today that it has completed the $18.55 million sale of The Lex, a 124,925-square-foot, recently renovated office building in Shoreview, Minnesota. JLL…

1031 Exchanged Out of California? You’re Not Off California’s Radar Yet

Many real estate investors assume that once they've 1031 exchanged out of California and purchased replacement property in another state, California is no longer part…

Real Capital Solutions acquires 308,681-square-foot

Real Capital Solutions acquired 3701 Wayzata Boulevard for $34 million. This is a 308,681-square-foot Class-A office property in Minneapolis' Urban West End neighborhood. Situated on approximately…

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