Three tips to find “hidden money” in your real estate leases and contracts
I work in a niche of commercial real estate that is critical to business decisions but rarely top-of-mind. In my world of lease administration and…
Bloomington
SVN Chicago Commercial sells 238-unit multifamily portfolio across Illinois
SVN Chicago Commercial brokered the sale of a 238-unit portfolio encompassing three multifamily properties across Illinois. This Portfolio, comprising 100% HAP (Housing Assistance Payments) contracts…
Enclave starts construction of 208-unit multifamily property in Bloomington
Enclave broke ground on a 208-unit multifamily project at 6701 W. 78th St. in Bloomington, Minnesota. Ever Apartments is located along I-494. This previously unused…
Lee & Associates closes 41,588-square-foot industrial sale in Bloomingdale
Lee & Associates closed a 41,588-square-foot industrial building sale at 250 Covington Drive in Bloomingdale, Illinois. Jay Farnam, principal, and Peter Spear, senior associate, at Lee & Associates’ Illinois office, represented…
Colliers close 67,000-square-foot lease at Minnesota office building
Colliers’ Michael Gelfman and Nate Karrick have secured a 67,000-square-foot lease at Norman Pointe II, an office building at 5600 American Blvd. in Bloomington, Minnesota,…
Retail apocalypse? It’s not happening in the Twin Cities
Remember those dire headlines warning of a retail apocalypse? Or those news stories predicting the death of brick-and-mortar stores? Turns out, retail wasn’t nearing its…
Plan for your building’s next disaster – it’s coming whether you are ready or not
Any experienced property manager is no stranger to calculated risk management and disaster planning for the assets under their care. But after a global pandemic…
Bloomington’s Doran Companies forms strategic partnership with Inland Development Partners
Bloomington, Minnesota-based Doran Companies and Inland Development Partners (IDP) have formed a strategic partnership to enhance their collective capabilities in the real estate development sector. This partnership marks…
Minnesota’s Doran Companies names chief construction officer
Bloomington, Minnesota-based Doran Companies has promoted Brent Lindstrom to the role of Chief Construction Officer. As CCO, Lindstrom will lead all preconstruction and construction for Doran Special…
RMK Management Corp. to serve as property manager for two rental communities in central Illinois
RMK Management Corp. has been selected by Churchill Living as property manager for two rental communities in central Illinois effective March 1: Elm Point Apartments, a…