Minnesota

Minneapolis’ Davis provides $171 million refinancing, $250 million line of credit to strengthen its current portfolio economics

Minneapolis-based Davis, a national healthcare real estate firm, completed $171 million refinancing and a line of credit up to $250 million to strengthen current portfolio economics…

CBRE provides acquisition financing for 109,000-square-foot industrial portfolio in Minnesota

CBRE arranged the acquisition financing for a 109,000-square-foot industrial portfolio featuring five buildings in New Brighton and Roseville, Minnesota. Saber Hall and Quality Trusted Commercial…

Saber Hall Investment Management acquires 116,549-square-foot industrial/tech building in Eagan

Saber Hall Investment Management acquired Boulder Lakes III, a 116,549-square-foot, Class-A, light industrial/tech building at 3000 Ames Crossing Road in Eagan, Minnesota. The $15.4 million…

Kraus-Anderson completes renovation of Minneapolis’ Summit Academy

Kraus-Anderson completed the renovation of Summit Academy OIC, a longtime workforce development anchor at 935 Olson Memorial Highway in North Minneapolis. The project doubled its footprint,…

Northmarq closes $34.3 million refinancing of 109-unit BTR community in Woodbury

Northmarq’s Minneapolis Debt + Equity team led by Andy Finn successfully arranged the $34.3 million refinancing of Acclaim of Woodbury, a 109-unit build-to-rent (BTR) community located at 10108 Sunbird Circle…

Mid-America Real Estate Corporation brokers sale of 28,135-square-foot retail center in Richfield

Mid-America Real Estate Corporation’s Investment Sales Group brokered the sale of Kensington Park, a 28,135-square-foot neighborhood retail center in Richfield, Minnesota. Kensington Park serves the established suburb of…

Minneapolis’ Founders Properties names new president

Kim Hofstede, managing director of portfolio management for Minneapolis' Founders Properties, has been promoted to president, where she’ll oversee the ﬁrm’s day-to-day operations, including asset…

Brisky Net Lease closes sale of 199,919-square-foot industrial building in Oakdale

Brisky Net Lease brokered the sale of a 199,919-square-foot industrial building leased to Superior 3rd Party Logistics in Oakdale, Minnesota. The single-tenant investment property sold…

Marcus & Millichap closes $2.05 million multifamily sale in Minneapolis

Marcus & Millichap closed the sale of Minnehaha Avenue Apartments, a 17-unit multifamily property in Minneapolis, Minnesota, for $2.05 million. Michael Jacobs and Abe Roberts,…

Minneapolis’ Forte Real Estate Partners names new VP

Joe Jetland, who joined Minneapolis' Forte Real Estate Partners in 2023, has been promoted to vice president– advisory. He focuses on industrial real estate users,…

Minnesota

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