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
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.
Colliers brokers sale of ElseWarehouse in Minneapolis
Colliers Minneapolis-St. Paul’s Capital Markets team of Mox Gunderson, Dan Linnell, Devon Dvorak and Adam Haydon represented Greco in the sale of ElseWarehouse at 730 N.…