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Bloomington

MinnesotaIndustrial

i3 Investors moves into Minneapolis market with 114,903-square-foot industrial property

i3 Investors has expanded its portfolio into Minnesota with its acquisition of 955 James Avenue in Bloomington, one of the largest suburbs in the Minneapolis/St.…
January 4, 2023
MinnesotaMultifamily

Michel Commercial closes $32.8 million apartment community sale in Twin Cities market

Michel Commercial closed the sale of Tealwood Apartment Homes, a 213-home community in Bloomington, Minnesota. The property sold for $32.8 million. Michael Commercial brokers Pete…
December 30, 2022
IndianaRetail

Marcus & Millichap closes $5.5 million shopping center sale in Indiana

PGP Bloomington 1, LLC and PGP Bloomington 2, LLC paid $5.5 million for the Richland Plaza Shopping Center at 4602 and 4657 W. Richland Plaza…
November 28, 2022
MinnesotaFinanceOffice

United Financials Capital closes on 17-story office building in Twin Cities market

United Financials Capital, LLC closed on the 8400 Normandale Lake office building in Bloomington, Minnesota, located near the busy intersection of I-494 and Highway 100.…
September 23, 2022
MinnesotaOffice

Cushman & Wakefield closes sale of five-building office park in Minnesota

Cushman & Wakefield has arranged the sale of Normandale Lake Office Park, a five-building, 1.7-million-square-foot institutional-quality development in Bloomington, Minnesota.A multi-market team of David Knapp…
July 12, 2022
MinnesotaFinanceMultifamily

Associated Bank provides $65 million construction loan for 403-unit luxury apartment building in Minnesota

Associated Bank closed the financing for a $65 million loan to McGough Development for construction of Carbon 31, a mixed-use, luxury apartment building that will…
June 23, 2022
MinnesotaCRE

Kraus-Anderson taking on $8.3 million renovation of Minnesota public school

Kraus-Anderson has begun construction on a $8.3 million renovation of Hillcrest Community School for the Bloomington Public Schools District in Bloomington, Minnesota. Designed by Wold…
May 17, 2022
IndianaCRE

Indiana’s Hoosier Energy names new manager

Bloomington, Indiana-based Hoosier Energy has named Chad Cornelius manager of the project management office. Cornelius and his team are responsible for ensuring standards, practices and…
May 2, 2022
MinnesotaSeniors Housing

Northmarq provides $50 million for four-property seniors housing portfolio in Minnesota, Colorado

Northmarq has secured $50 million in joint venture equity for a four-property package of senior housing projects in Minnesota and Colorado. Equity was procured on…
April 28, 2022
MinnesotaMultifamily

Minnesota’s NAI Legacy adds VP of multifamily investment sales

Ron Barze has joined Bloomington, Minnesota-based NAI Legacy’s brokerage team as vice president of multifamily investment sales. Barze joins Chris Missling to provide transactional services…
April 26, 2022
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