St. Paul

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Industrial vacancy rates are rising, but average rents in Detroit are climbing, too

The industrial vacancy rate across the country jumped to 5.2% at the end of March, according to the latest research from CommercialEdge. But in good…

MinnesotaHealthcare

Forte Real Estate Partners’ Steve Brown: The only constant in healthcare real estate? Change

Steve Brown began his career in commercial real estate in 1985, when he began working for boutique real estate company American Commercial Properties. While there,…

MinnesotaIndustrial

Opus’ Mahoney: Twin Cities’ industrial sector settling into a new normal

Industrial development, sales activity and leasing all dipped during the first quarter of 2024 across the country. And in the Minneapolis-St. Paul market? CRE professionals…

MinnesotaOffice

Falling valuations and the impact on tax revenue in the Twin Cities

In recent years, there has been a notable decline in the occupancy rates of office buildings in metropolitan areas across the nation, attributed in part…

MinnesotaMultifamily

Minneapolis’ Centra Capital Partners launches inaugural project

Minneapolis-based Centra Capital Partners recently announed its inaugural project, The Meadows at Hugo, is now open to the first wave of fundraising. Centra Capital Partners…

IllinoisMinnesotaTennesseeCRE

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

Wold Architects & Engineers, a full-service planning, architecture and engineering firm specializing in education, government, healthcare and senior living, promoted Heather Yaple, Alyssa Menolascino and…

IllinoisMichiganMinnesotaTexasOffice

Tough times not lessening for office market — in Detroit or across the country

Tough times? The U.S. office sector is still struggling through them, according to the latest research from CommercialEdge. A key measure of these struggles: The…

MinnesotaMultifamily

JLL closes sale of Cosmopolitan Apartments in St. Paul

JLL has closed the sale of and the acquisition financing for The Cosmopolitan Apartments, an eight-story, 258-unit multifamily community in the historic Lowertown neighborhood of…

MinnesotaIndustrial

Were we spoiled? Demand still surpassing pre-pandemic levels in Twin Cities industrial market

The demand for industrial real estate remains high throughout the Minneapolis-St. Paul market. So why does it feel like the industrial sector here is going…

MinnesotaIndustrial

A jump in industrial sales? The Twin Cities market could be seeing it in the second half of this year

Expect the number of industrial sales transactions to rise this year in the Twin Cities market. Just don't expect that jump until the second half…