St. Paul

Low vacancies and steady demand: Twin Cities retail sector still ringing up the business

Sure, there are plenty of negative headlines about brick-and-mortar retail, what with the high-profile closings of such retailers as Joann Fabrics and Rue21. But if…

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…

St. Paul’s Wold Architects & Engineers makes four key promotions

St. Paul, Minnesota-based Wold Architects & Engineers promoted Elizabeth Palmer, Jonathan Kuzynowski, Rebecca Rymsza and Sara Kelzenberg to the firm’s associates leadership team. Palmer and Kelzenberg…

BWE provides $39 million in refinance funds for affordable-housing properties in Twin Cities area

BWE secured $39.042 million in loans to refinance a portfolio of six affordable housing properties in New Hope, Bloomington and St. Paul, Minnesota. The combined…

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…

Broadway Street Development wraps work on The Balsam on Broadway mixed-use development in St. Paul

Broadway Street Development has completed The Balsam on Broadway, a six-story mixed-use development at 540 Broadway St. in St. Paul, Minnesota, adjacent to the city’s…

A multifamily market in transition: Renters flocking to Minneapolis’ suburban apartment units

Renters are flocking to Minneapolis' suburbs in their search for apartment units, according to the latest research from Marcus & Millichap. Demand for suburban apartment…

Solving the “urban doom loop” in the Twin Cities through strategic redevelopment of struggling commercial properties

It’s been over five years since the height of the COVID-19 pandemic, during which the abrupt change to remote work for many spurred a mass…

A growing demand for 1990s-2000s office buildings? It’s happening in the Twin Cities

It's no secret that a growing number of tenants are choosing higher-quality Class-A office space when making leasing decisions today. But a new report from…

The beginnings of a multi-decade transformation? That’s what Yardi Matrix predicts for the office sector

Another unsteady year for the U.S. office sector? That's what Yardi Matrix predicts in its January National Office Report.

St. Paul

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