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Cool Offices: Prosperwell aims to ease client stress with lodge-like office
News 4 hours ago
Cool Offices: Prosperwell aims to ease client stress with lodge-like office

Do you work in a Twin Cities-area Cool Office? If so, send 12-16 high-resolution photos (Dropbox is best for easy sharing) and a description of the...

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Marcus & Millichap predicts some cooling of the Twin Cities multifamily market
News 3 days ago
Marcus & Millichap predicts some cooling of the Twin Cities multifamily market

The bad news for Twin Cities renters is that apartments will get more expensive again in 2020. The good news is that the scales may finally be...

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Chris Simmons and other Colliers retail brokers leave Colliers for Transwestern
News 4 days ago
Chris Simmons and other Colliers retail brokers leave Colliers for Transwestern

Transwestern's Minneapolis office is launching a retail group made up of several longtime Colliers International brokers who jumped ship. Chris...

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Eleven condo tower is half-sold already, condo reps say
News 5 days ago
Eleven condo tower is half-sold already, condo reps say

The Eleven condominium tower, a 41-story project going up on the banks of the Mississippi River near downtown Minneapolis, won't be finished until...

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rue21 to add Plus offerings to Maplewood Mall store
News 5 days ago
rue21 to add Plus offerings to Maplewood Mall store

The announcement listed rue21's store at Maplewood Mall as one of those getting the new line. The retailer has 11 stores in Minnesota, according to...

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CSM Corp. close to selling industrial portfolio to Blackstone Group in record deal
News 6 days ago
CSM Corp. close to selling industrial portfolio to Blackstone Group in record deal

CSM Corp. is deep into negotiations with The Blackstone Group to sell its massive portfolio of Twin Cities industrial properties to the New York...

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Cool Offices: Twelve Consulting Group transforms former rock-climbing gym in Northeast Minneapolis for its new home
News 1 week ago
Cool Offices: Twelve Consulting Group transforms former rock-climbing gym in Northeast Minneapolis for its new home

Looking at the new headquarters of Twelve Consulting Group, one would be hard pressed to believe that the firm's offices once housed a rock...

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Jay Patel pays $8 million for the Sheraton Midtown Hotel in South Minneapolis
News 1 week ago
Jay Patel pays $8 million for the Sheraton Midtown Hotel in South Minneapolis

A local investor has acquired the Sheraton Midtown Hotel for $8 million. An entity tied to Jay Patel, who is based in Eden Prairie, acquired the...

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MOA's shop-of-shops Fourpost closes as founder jumps to New Jersey megamall
News 1 week ago
MOA's shop-of-shops Fourpost closes as founder jumps to New Jersey megamall

Fourpost, a retail shop at Mall of America that sought to provide a physical storefront for Web-only consumer brands, has closed its doors....

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St. Louis Park offices fetch $6.9 million in sale
News 1 week ago
St. Louis Park offices fetch $6.9 million in sale

Park Glen Corporate Center, a 49,000-square-foot office building in St. Louis Park, has sold, according to a certificate of real estate value...

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Taraccino Coffee on the edge of Northeast Minneapolis will close Feb. 9
News 1 week ago
Taraccino Coffee on the edge of Northeast Minneapolis will close Feb. 9

Feb. 9 is the last day for Taraccino Coffee, open since 1996 in Minneapolis' Nicollet Island-East Bank neighborhood. An employee confirmed the...

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Developers and businesses rush to Northeast Minneapolis, but can the area keep its artistic identity
News 1 week ago
Developers and businesses rush to Northeast Minneapolis, but can the area keep its artistic identity

The old Grain Belt Brewery offered good jobs to immigrants moving to Northeast in the 1900s. Many of the brewery buildings have been turned into...

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Land O’ Lakes President, CEO Beth Ford says it’s time to close the rural technology gap
News 1 week ago
Land O’ Lakes President, CEO Beth Ford says it’s time to close the rural technology gap

Extending high-speed internet to farm country isn't just critical for the agriculture industry, it's a matter of national security, the president...

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Kowalski's Markets signs lease to open grocery store for Rosedale Center
News 1 week ago
Kowalski's Markets signs lease to open grocery store for Rosedale Center

The major expansion of Rosedale Center will bring hometown grocer Kowalski's Markets to the mall. CEO Kris Kowalski Christiansen confirmed on...

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Art & Architecture redevelopment in Prospect Park switches from condos to apartments
News 1 week ago
Art & Architecture redevelopment in Prospect Park switches from condos to apartments

A planned tower in the Prospect Park neighborhood of Minneapolis is still moving forward, but will switch from for-sale condos to rental apartments...

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Hy-Vee ending 24-hour store schedule; most stores will close at midnight
News 1 week ago
Hy-Vee ending 24-hour store schedule; most stores will close at midnight

Hy-Vee Inc., the Iowa grocery chain with nearly a dozen Twin Cities stores, is putting an end to its 24-hour schedule and shutting the doors of...

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Plymouth offices leased by UnitedHealth sell for $24.5 million
News 1 week ago
Plymouth offices leased by UnitedHealth sell for $24.5 million

An Omaha real estate investor has bought a Plymouth office building leased by UnitedHealth Group Inc. that had last changed hands just a year ago....

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Macy's closing 125 stores, cutting 2,000 jobs
News 1 week ago
Macy's closing 125 stores, cutting 2,000 jobs

Retail giant Macy's Inc. is closing 125 stores and culling 10% of its corporate workforce, representing 2,000 jobs. Following closely on the heels...

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Chase Real Estate planning 140 apartments in St. Paul's Lowertown neighborhood
News 1 week ago
Chase Real Estate planning 140 apartments in St. Paul's Lowertown neighborhood

Chase Real Estate is coming back to St. Paul with plans for a 140-unit apartment project in Lowertown. The Burnsville developer has acquired a...

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Central Avenue redevelopment gets Planning Commission OK
News 2 weeks ago
Central Avenue redevelopment gets Planning Commission OK

Bader Development and Nolan Properties Group are moving to the second phase of a years-long redevelopment of a historic warehouse parcel at the...

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Cool Offices: Calabrio's new North Loop headquarters delivers on employee amenities
News 2 weeks ago
Cool Offices: Calabrio's new North Loop headquarters delivers on employee amenities

When Calabrio signed the lease to move to a building in Minneapolis' North Loop neighborhood three years ago, the site was little more than a...

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Apartments planned for long-empty nursing home near State Fair
News 2 weeks ago
Apartments planned for long-empty nursing home near State Fair

A developer plans to convert the former Sholom Home East, a senior home that's been vacant since 2012, into a 150-unit apartment complex. The Star...

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Nonprofit will tear down townhomes in N. Minneapolis for new housing
News 2 weeks ago
Nonprofit will tear down townhomes in N. Minneapolis for new housing

The remains of a North Minneapolis town home project will be demolished to make way for a new apartment complex aimed at low-income households....

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Cushman & Wakefield Compass report says Twin Cities industrial sector made for a strong 2019 for commercial real estate
News 2 weeks ago
Cushman & Wakefield Compass report says Twin Cities industrial sector made for a strong 2019 for commercial real estate

Thanks in large part to a robust industrial sector, the Twin Cities commercial real estate market boasted its strongest year for absorption since...

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Golden Valley Country Club votes to sell some land
News 2 weeks ago
Golden Valley Country Club votes to sell some land

Golden Valley Country Club's shareholders voted Thursday to market and sell two parcels of land. The club hopes to sell the parcels to one or more...

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WPT Industrial REIT sells Minnetonka campus for $40 million to Syndicated Equities
News 2 weeks ago
WPT Industrial REIT sells Minnetonka campus for $40 million to Syndicated Equities

An 18-acre office campus in Minnetonka where Colliers International Minneapolis-St. Paul will be for the next few months has sold for $39.8 million...

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Paster's next step in Texa-Tonka: $25M housing project
News 2 weeks ago
Paster's next step in Texa-Tonka: $25M housing project

Paster Properties is taking another step in the development of parcels along Minnetonka Boulevard in St. Louis Park, proposing 100-plus units of...

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Excelsior Group, Goldman Sachs turn big profit on West End Office Park sale
News 2 weeks ago
Excelsior Group, Goldman Sachs turn big profit on West End Office Park sale

The Excelsior Group and Goldman Sachs made close to $50 million profit by selling the West End Office Park on Friday. The St. Louis Park complex...

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Calhoun Beach Club wants to add retail, short-term rentals
News 3 weeks ago
Calhoun Beach Club wants to add retail, short-term rentals

The owner of the Calhoun Beach Club is planning a renovation project next year for the apartment complex overlooking Bde Maka Ska. Southwest...

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Cool Offices: The Meritex Co., a 100-year-old real estate firm, hits refresh on office space, creating room to grow
News 3 weeks ago
Cool Offices: The Meritex Co., a 100-year-old real estate firm, hits refresh on office space, creating room to grow

For more than a century, The Meritex Co. has been focused on finding businesses the right place to call home. But when it came to its own home - a...

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