The Terrace Group purchases Minneapolis’ Mid-City Industrial Plaza
The Terrace Group acquired Mid-City Industrial Plaza at 724-783 Harding St. NE in Minneapolis. Tom O'Brien of Colliers and Adam Hoffman of Cushman & Wakefield…
Minneapolis
Twin Cities office market sees positive absorption in a quarter for first time since 2022
Here's some good news about the Minneapolis-St. Paul office market. The region saw positive absorption in its office sector in the first quarter of 2025.…
Minneapolis’ Kraus-Anderson names general counsel
Minneapolis-based Kraus-Anderson Companies named Audra Williams as general counsel. She succeeds Tom Wratkowski, who is retiring. As the leader of the company’s legal function, Williams…
PCCP, Capital Partners acquire 382,635-square-foot industrial building in Brooklyn Park
A joint venture between PCCP, LLC and Capital Partners acquired 9001 Wyoming, a 382,635 square-foot, Class-A industrial building in Brooklyn Park, Minnesota, a city in…
JLL report shows a Twin Cities industrial market that remains a resilient one
The industrial vacancy rate in the Twin Cities market dropped to 4.3% as of the end of the first quarter. It's yet another sign that…
President of Minneapolis’ NTH to retire this May
One of the first female leaders in Minnesota’s commercial real estate industry, NTH President Tina Hoye, announced her retirement effective May 31 of this year.…
Still steady in the Midwest: Yardi Matrix reports that multifamily rents continue to rise in the region
Still steady. That's the best way to describe the U.S. multifamily market, according to the latest research from Yardi Matrix.
Mohr Partners opens Minneapolis office
Mohr Partners, Inc., a global occupier-focused corporate real estate advisory firm, continues its national expansion with the addition of Darrin Dufresne as Managing Partner to…
A vacancy drop of more than 200 basis points? That’s what conversions could bring to the Minneapolis-St. Paul office market
How big of an impact can office conversions have in the Minneapolis-St. Paul market? How about a vacancy drop of more than 200 basis points?
Two different office markets: Leasing activity on the rise in Milwaukee, still sluggish in Minneapolis
Josh Krsnak, chief executive officer of Hempel Real Estate, has an interesting view of the Midwest office market. Hempel Real Estate operates offices in Eden…