Hyde Development

Hyde Development, Mortenson transforming long-dormant brownfield site in Roseville

Hyde Development and Mortenson are advancing Twin Lakes Technology Center, a 155,000-square-foot Class-A industrial facility in Roseville, Minnesota, that will transform a long-dormant brownfield site…

Hyde Development, Mortenson Properties acquire three industrial properties in Twin Cities market

Hyde Development and Mortenson Properties partnered to acquire a portfolio of three fully-leased Class A industrial buildings totaling 360,000 square feet in the Twin Cities…

A slowdown in industrial real estate? Yes, but Twin Cities CRE pros say better times are on the way

It’s long been one of the most consistent commercial real estate sectors. But the industrial market across the country is seeing a slowdown in leasing…

“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.

Challenges? Sure. But Twin Cities industrial market still holding its own

It’s true: These are challenging times for all commercial real estate sectors, including that long-time darling of investors, industrial. High interest rates, an uncertain economy…

Pandemic? Even it couldn’t slow commercial development in 2021

Not even the pandemic could bring commercial real estate development to a halt across the country. Despite the struggles brought on by COVID-19, developers continued…

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