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SWLRT profile: Who owns what near City West Station on Eden Prairie-Minnetonka border
News 13 hours ago
SWLRT profile: Who owns what near City West Station on Eden Prairie-Minnetonka border

Editor's note: As part of its coverage of the $2 billion Southwest Light Rail Transit project, over the coming months the Business Journal will run...

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Lululemon launches bigger Mall of America store with yoga studio, coffee bar
News 1 day ago
Lululemon launches bigger Mall of America store with yoga studio, coffee bar

Sportswear maker lululemon athletica inc. on Wednesday will open its new Mall of America store, a 19,700-square-foot space that combines room for...

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Scannell Properties begins work on 137-unit apartment building near Allianz Field
News 2 days ago
Scannell Properties begins work on 137-unit apartment building near Allianz Field

Scannell Properties has begun work on a 137-unit apartment project across the street from the new Allianz Field soccer stadium in St. Paul. The...

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Cargill Cotton leases floor of One Commerce Square, to move office from Cordova
News 2 days ago
Cargill Cotton leases floor of One Commerce Square, to move office from Cordova

Cargill Inc. has leased one, 14,000-square-foot floor of One Commerce Square. The massive agriculture firm's cotton subsidiary will be moving its...

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Cool Offices: Mortarr's downtown Albert Lea headquarters mix modern and historic design
News 2 days ago
Cool Offices: Mortarr's downtown Albert Lea headquarters mix modern and historic design

Old meets new in Mortarr's new downtown Albert Lea headquarters. The company, which provides commercial construction and design services, made the...

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Randolph Street Realty Capital proposes 95 apartments in Minneapolis' Harrison neighborhood
News 3 days ago
Randolph Street Realty Capital proposes 95 apartments in Minneapolis' Harrison neighborhood

The hot Harrison neighborhood of Minneapolis may get some market rate housing to go along with all of the affordable rentals, office development...

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Greater MSP says it will formulate ideas on transportation, affordability, racial inclusion in 2020
News 1 week ago
Greater MSP says it will formulate ideas on transportation, affordability, racial inclusion in 2020

Greater MSP has long been a regional booster of economic growth. But leaders of the organization this week laid out plans to make sure that...

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Twin Cities Fleet Farm store sells for $33 million
News 1 week ago
Twin Cities Fleet Farm store sells for $33 million

A Twin Cities real estate investor has paid $33 million for a Fleet Farm store in Lakeville, a deal that could rank among the metro's top sales...

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United Properties begins work on Cherrywood Pointe senior living facilities in Bloomington
News 1 week ago
United Properties begins work on Cherrywood Pointe senior living facilities in Bloomington

United Properties announced Tuesday it broke ground on a senior living community in Bloomington that it expects to open in March 2021. The 118-unit...

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MOA Sears is long gone, but store's $10/year rent — you read that right — lives on
News 1 week ago
MOA Sears is long gone, but store's $10/year rent — you read that right — lives on

Owners of the Mall of America are fighting in court to win back control of the store's three-story Sears store, which closed in March but remains...

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Renting with pets? Landlords may want more than just cash
News 1 week ago
Renting with pets? Landlords may want more than just cash

More Twin Cities rental properties are allowing tenants with pets. But the costs of bringing Fluffy or Fido into an apartment are going up....

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Court blocks Tile Shop from delisting after investors sue
News 1 week ago
Court blocks Tile Shop from delisting after investors sue

A plan by Tile Shop Holdings Inc. to delist itself from the NASDAQ public market has been halted, for now, by a court injunction following a...

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Cool Offices: Lodging company Travelliance is more efficient, collaborative with tailored St. Louis Park office
News 1 week ago
Cool Offices: Lodging company Travelliance is more efficient, collaborative with tailored St. Louis Park office

With an office tailored to how its employees work, corporate lodging company Travelliance is improving how they feel. Previously based in the...

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Sage Apartment Communities buys Bolero Apartments for $57M from TIAA-CREF
News 1 week ago
Sage Apartment Communities buys Bolero Apartments for $57M from TIAA-CREF

A 26-story apartment tower near Orchestra Hall in downtown Minneapolis has sold for $56.9 million. Now called Bolero Flats, the 259-unit building...

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Office Depot to close 90 stores over next two years
News 2 weeks ago
Office Depot to close 90 stores over next two years

Office Depot shuttered dozens of stores in 2019 and revealed plans to cut more locations over the next two years. The Boca Raton-based office...

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Ben Spangler, the ice cream chef who launched Milkjam is opening his own shop: Bebe Zito
News 2 weeks ago
Ben Spangler, the ice cream chef who launched Milkjam is opening his own shop: Bebe Zito

An area that's already home to two of Minneapolis' most highly regarded ice cream shops will get a third option when Bebe Zito opens inside the...

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Nevada real estate tech company opens office in Bloomington, looking to hire 50
News 2 weeks ago
Nevada real estate tech company opens office in Bloomington, looking to hire 50

Clear Capital.com Inc., a Reno, Nevada-based real estate tech company, has opened a 5,400 square-foot office in Bloomington's Southpoint Office...

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Altus Properties buys Golden Hills Office Center in Golden Valley from Lone Star Funds for $43 million
News 2 weeks ago
Altus Properties buys Golden Hills Office Center in Golden Valley from Lone Star Funds for $43 million

Altus Properties has purchased Golden Valley's Golden Hills Office Center from Lone Star Funds. The Clayton, Mo.-based real estate investor paid ...

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Perforce Software Inc. CEO Mark Ties and city of Orono sued over Lake Minnetonka house plans
News 2 weeks ago
Perforce Software Inc. CEO Mark Ties and city of Orono sued over Lake Minnetonka house plans

Mark Ties, the CEO of Perforce Software Inc., and his wife want to build a new house in tony Orono on Lake Minnetonka - but their neighbor isn't...

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Norhtpond Partners pays $34.5M for Calhoun Square, half of what JP Morgan Chase paid
News 2 weeks ago
Norhtpond Partners pays $34.5M for Calhoun Square, half of what JP Morgan Chase paid

Chicago-based Northpond Partners has bought Calhoun Square for $34.5 million, half of what the former owners paid for the Uptown Minneapolis...

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Cool Offices: Q Consulting Inc. renovated its St. Louis Park office with comfort, collaboration, and a little competition in mind
News 2 weeks ago
Cool Offices: Q Consulting Inc. renovated its St. Louis Park office with comfort, collaboration, and a little competition in mind

Q Consulting Inc. doesn't want its employees to be living for the weekend. That's why the company's office expansion, completed in February after a...

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Restaurateur Michael McDermott closes Nicollet Mall location of Rojo Mexican Grill
News 2 weeks ago
Restaurateur Michael McDermott closes Nicollet Mall location of Rojo Mexican Grill

The Nicollet Mall location of Rojo Mexican Grill closed last week after less than a year in business. It's the latest effort by restaurateur...

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Dennis Buchanan buys former surplus store building in Warehouse District; will renovate property
News 2 weeks ago
Dennis Buchanan buys former surplus store building in Warehouse District; will renovate property

Dennis Buchanan, the operator of several downtown adult stores, has purchased the historic building that was previously home to the American Army...

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Meyer Orbach buys 236 St. Paul apartments from Sherman Associates; will keep them affordable
News 3 weeks ago
Meyer Orbach buys 236 St. Paul apartments from Sherman Associates; will keep them affordable

Meyer Orbach, a limited owner of the Minnesota Timberwolves and Lynx, has purchased 236 apartments in downtown St. Paul, his first multifamily...

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Oppidan gets OK for apartments at Thompson Oaks golf course
News 3 weeks ago
Oppidan gets OK for apartments at Thompson Oaks golf course

The West St. Paul City Council this week approved plans by Oppidan Investment Co. to redevelop a portion of Thompson Oaks golf course into a five...

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Simon Property Group makes equity investment in Life Time
News 3 weeks ago
Simon Property Group makes equity investment in Life Time

Simon Property Group, the largest owner of retail space in the U. S., has made a small equity investment in Life Time, the Chanhassen-based owner...

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Eddington's soups, salads and sandwiches return to the Minneapolis skyways
News 3 weeks ago
Eddington's soups, salads and sandwiches return to the Minneapolis skyways

Eddington's has returned to the Minneapolis skyways more than two-and-a-half years after the lunch spot shuttered its last brick-and-mortar...

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Minneapolis/St. Paul Business Journal Leadership Trust launches to connect, support the Twin Cities' business leaders
News 3 weeks ago
Minneapolis/St. Paul Business Journal Leadership Trust launches to connect, support the Twin Cities' business leaders

Minneapolis/St. Paul Business Journal is pleased to announce the launch of Minneapolis/St. Paul Business Journal Leadership Trust, an invitation...

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Lifetouch may leave Eden Prairie and sell campus to United Properties
News 3 weeks ago
Lifetouch may leave Eden Prairie and sell campus to United Properties

Lifetouch Inc., the school portrait business owned by Shutterfly, is working on a deal to sell its 13.6-acre campus in Eden Prairie to United...

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Target to lease anchor space at Grove Central transit development in Coconut Grove
News 3 weeks ago
Target to lease anchor space at Grove Central transit development in Coconut Grove

Target signed on to lease just under 50,000 square feet of space at a mixed-use transit development in Coconut Grove, an upscale neighborhood in...

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