Bloomington

MinnesotaNationalHealthcare

Long-haul Covid infects healthcare real estate: Supply chain delays, nurses’ strikes and revenue constraints collide

While the Covid pandemic is subsiding, the impact of the demands put on the healthcare system from those events continues. Compounding that are supply chain…

MidwestMinnesotaNationalHealthcare

Long-haul Covid infects healthcare real estate: Supply chain, nurses’ strike and revenue constraints collide

While the Covid pandemic is subsiding, the impact of the demands put on the healthcare system from those events continues. Compounding that are supply chain…

IllinoisIndustrialMultifamilyOfficeRetail

Construction trends: Sustainability and precon technology among those shaping Chicagoland

Against all odds, 2022 brought an explosion of construction activity around Chicagoland. And one month into 2023? There are plenty of emerging trends to poise…

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.…

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…

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…

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.…

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…

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…

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…