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Retailers, shoppers could feel pain if tariffs spread
News 2 days ago
Retailers, shoppers could feel pain if tariffs spread

NEW YORK - An escalating trade war between the U. S. and China could mean higher prices on a broad array of products from toys to clothing. But...

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Target’s online game is on target
News 2 days ago
Target’s online game is on target

NEW YORK - The retailer exceeded first quarter expectations on just about every level, saying the same day services it's rolled out, including...

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Allianz seeks to tap Eastern Europe office boom
News 2 days ago
Allianz seeks to tap Eastern Europe office boom

The office boom in central and Eastern Europe, driven by lower wages and a growing pool of local talent, has got the attention of the world's...

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Bernardi pitches retail for Edina site
News 3 days ago
Bernardi pitches retail for Edina site

Bernardi, who is president of Edina-based Aurora Investments and Arcadia LLC, goes back to City Hall this week with a new redevelopment proposal...

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Spain’s richest man bets billions on U.S. property
News 3 days ago
Spain’s richest man bets billions on U.S. property

Amancio Ortega is a Spaniard conquering the U. S. in the 21st century. This month, the investment vehicle of the multibillionaire behind Zara owner...

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Department stores struggle in Q1
News 3 days ago
Department stores struggle in Q1

NEW YORK - The outlook for department stores got murkier Tuesday after J. C. Penney and Kohl's reported fiscal first quarter results that showed...

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Iconic architect I.M. Pei dies at 102
News 1 week ago
Iconic architect I.M. Pei dies at 102

I. M. Pei, a dominant figure in American architecture for more than three decades who designed the Louvre's crystal pyramid and the angular East...

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Building Blocks: Canopy by Hilton Minneapolis Mill District
News 1 week ago
Building Blocks: Canopy by Hilton Minneapolis Mill District

Property description: Sherman Associates opened the new Canopy hotel in Minneapolis' Thresher Building on Feb. 25 after about 18 months of...

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Federal agency renews Twin Metals mine leases in Minnesota
News 1 week ago
Federal agency renews Twin Metals mine leases in Minnesota

The federal Bureau of Land Management on Wednesday renewed mineral rights leases for a proposed Twin Metals copper-nickel mine in northeastern...

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Macy’s tops Q1 estimates and comparable sales
News 1 week ago
Macy’s tops Q1 estimates and comparable sales

NEW YORK - Macy's put up its sixth consecutive quarter of increases in comparable store sales fueled by its robust online business. The department...

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Retail sales are on a wild ride in 2019
News 1 week ago
Retail sales are on a wild ride in 2019

WASHINGTON - U. S. retail sales declined last month as Americans cut back their spending on clothes, appliances, and home and garden supplies....

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Expert: Production, deal volume to start shrinking in Twin Cities
News 1 week ago
Expert: Production, deal volume to start shrinking in Twin Cities

If 2017 and 2018 were not the years in which the commercial real estate market took a downturn, 2019 is still in the running to mark the end of a...

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Walmart ups the delivery game with next day shipping
News 1 week ago
Walmart ups the delivery game with next day shipping

NEW YORK - Walmart is rolling out free next-day delivery on its most popular items, increasing the stakes in the retail shipping wars with Amazon....

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PGA pitches golf course plan to Bloomington
News 1 week ago
PGA pitches golf course plan to Bloomington

More than a year after rejecting proposals to redevelop part of the Hyland Green golf course, the city of Bloomington is considering an unusual...

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Q&A: Mapping Prejudice tracks roots of segregation
News 2 weeks ago
Q&A: Mapping Prejudice tracks roots of segregation

Such restrictions, called racial covenants, were commonplace and even encouraged by the federal government for decades and played a major role in...

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Hennepin County unveils housing plan for its poorest households
News 2 weeks ago
Hennepin County unveils housing plan for its poorest households

Hennepin County is floating an ambitious plan to address one of the biggest challenges within the affordable housing spectrum: providing safe and...

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Nordic to join Minneapolis condo rush
News 2 weeks ago
Nordic to join Minneapolis condo rush

A mixed-use apartment and parking structure at United Properties' The Nordic project in Minneapolis' North Loop neighborhood will now instead offer...

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Amazon opens first Go store that accepts cash
News 2 weeks ago
Amazon opens first Go store that accepts cash

NEW YORK - Amazon launched its high-tech Go convenience store a year ago, where shoppers can pull items off the shelf and walk out. Now it's adding...

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University is poised to purchase, redevelop rental homes
News 2 weeks ago
University is poised to purchase, redevelop rental homes

The University of Minnesota will pay $11.87 million for most of one side of a residential block next to the school's Twin Cities campus to use it...

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Q&A: Griffith was Life Time’s ideal
News 3 weeks ago
Q&A: Griffith was Life Time’s ideal

In February, former longtime Target Corp. development executive John Griffith joined that division as a senior vice president. The 57-year-old...

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Car-sharing, rental companies battle over taxes
News 3 weeks ago
Car-sharing, rental companies battle over taxes

PHOENIX - When Chris Williamson was in the market for a new family car, a timely ad and conversations with a co-worker convinced him to try...

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Self-storage, warehouse planned in Coon Rapids
News 3 weeks ago
Self-storage, warehouse planned in Coon Rapids

Two new developments are adding to Coon Rapids' industrial and storage building inventory. Metro Self Storage, based in Lake Forest, Illinois,...

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Inclusionary zoning means trade-offs, panel says
News 3 weeks ago
Inclusionary zoning means trade-offs, panel says

What's the best way for local governments to implement inclusionary zoning policies? Depends on what they want to accomplish. Hundreds of cities...

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Q&A: Hastings ‘back to the transaction’ with Oppidan
News 4 weeks ago
Q&A: Hastings ‘back to the transaction’ with Oppidan

Just as Blake Hastings started thinking about making a major career move in 2017, a cancer diagnosis brought more change to his life than he could...

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Nonprofit plans housing for moms, kids in Rochester
News 1 month ago
Nonprofit plans housing for moms, kids in Rochester

Addressing both needs and opportunities in Rochester, a Minneapolis-based nonprofit dedicated to helping single mothers and their children rise...

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Kohl’s wants more of your Amazon returns
News 1 month ago
Kohl’s wants more of your Amazon returns

NEW YORK - Kohl's wants you to skip the post office and bring your Amazon returns to its stores. The department store chain said Thursday it will...

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Cameras that guess age and sex headed to stores
News 1 month ago
Cameras that guess age and sex headed to stores

NEW YORK - Eyeing that can of soda in the supermarket cooler? Or maybe you're craving a pint of ice cream? A camera could be watching you. But it's...

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Briggs and Morgan extend life of IDS offices
News 1 month ago
Briggs and Morgan extend life of IDS offices

Minneapolis law firm Briggs and Morgan is extending an already long tenancy at the IDS Center with a new lease and a complete renovation of its...

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Trump’s housing agency cracks down on no-money-down home loans
News 1 month ago
Trump’s housing agency cracks down on no-money-down home loans

The Trump Administration is cracking down on national affordable housing programs because of concern over growing risk to the government's almost ...

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Building Blocks: Leef Building
News 1 month ago
Building Blocks: Leef Building

Web address: www.wellingtonmgt.com/property/leef-office-building Property description: Two months away from completing construction on its new Leef...

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