A development shutdown? Not for The Garrett Companies
These are challenging times for commercial developers, even those specializing in sectors that had been hot before interest rates began rising in 2022. But that…
Minneapolis
Kraus-Anderson closes construction for tax firm office in Minneapolis’ North Loop
Kraus-Anderson has completed construction of a new office for Grant Thornton LLP -- one of America’s largest audit, tax and advisory firms – at the…
Newmark closes 447,000-square-foot lease renewal at U.S. Bancorp’s Minneapolis headquarters
Newmark has secured a 447,000-square-foot lease renewal on behalf of Piedmont Office Realty Trust, Inc. with U.S. Bancorp at its headquarters at 800 Nicollet Mall…
Minneapolis Downtown Summit: Challenges and hope in the Twin Cities’ urban core
Does downtown Minneapolis face challenges? Sure. What major U.S. metropolis doesn't? But there's plenty of hope in downtown Minneapolis, too, with developers still targeting the…
Geoff Kasselman and Ra’eesa Motala launch Evoke Partners
Two established, highly regarded national real estate professionals are launching Evoke Partners, a dynamic new platform of companies playing at the intersection of commercial real estate,…
JLL completes two office leases in Twin Cities market for financial services provider
JLL helped Alerus Financial, N.A. complete office lease transactions for two broader Minneapolis – St. Paul market locations, helping the company relocate its Shoreview and…
A bundling of challenges: The healthcare real estate sector is far from immune to today’s economic and staffing hurdles
Medical providers are increasingly moving into traditional office spaces today. That’s not surprising, as office vacancies continue to rise. Landlords need to fill their empty…
Minneapolis’ United Properties names ESG manager
Minneapolis-based United Properties reaffirmed its commitment to social and environmental responsibility today with the formalization of its environmental, social and governance (ESG) initiatives and guiding…
“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.
Arden Logistics Parks acquires three-building industrial portfolio in Minneapolis market
Arden Logistics Parks acquired the Minneapolis Light Industrial Portfolio, a three-building, 361,428-square-foot portfolio of light industrial assets in the Minneapolis region. The portfolio consists of…