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U.S. retail sales up a modest 0.3% in January
News 4 days ago
U.S. retail sales up a modest 0.3% in January

WASHINGTON - U.S. retail sales rose a modest 0.3% in January, a slight improvement over December, as unseasonably warm weather boosted sales at...

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A peek inside Amazon’s grocery store concept
News 5 days ago
A peek inside Amazon’s grocery store concept

The $800 billion grocery industry is keeping a sharp eye on a strip mall in the Woodland Hills neighborhood of Los Angeles. There, sandwiched...

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UP’s Peterson moves to office, hospitality
News 6 days ago
UP’s Peterson moves to office, hospitality

United Properties has named Scott Peterson as the company's vice president of hospitality and office development. Enter your user name and password...

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Ryan to shuffle retail, housing in rezoning of Ford site
News 1 week ago
Ryan to shuffle retail, housing in rezoning of Ford site

New rezoning applications filed by Ryan Cos. US Inc. are fleshing out plans for the redevelopment of St. Paul's former Ford Motor Co. factory. Ryan...

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New apartments proposed in St. Louis Park
News 1 week ago
New apartments proposed in St. Louis Park

Local developer Patrick Crowe could break ground as soon as this spring on a project that would bring 79 new apartments to an underused property at...

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Will rental clothes be a good fit for retailers?
News 1 week ago
Will rental clothes be a good fit for retailers?

Renting clothes could be the future of fashion - or it could just be a fad. But traditional retailers can no longer afford to wait on the sidelines...

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Simon buys mall operator Taubman
News 1 week ago
Simon buys mall operator Taubman

As mall-based retailers struggle to compete with the onslaught from online shopping, the companies that own and manage the malls are finding their...

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Alia apartment alternative approved
News 1 week ago
Alia apartment alternative approved

Apartments proposed for a St. Anthony Main redevelopment site originally slated for a condo tower drew opposition Tuesday from members of the...

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Macy’s to close 125 stores, shed 2,000 corporate jobs
News 1 week ago
Macy’s to close 125 stores, shed 2,000 corporate jobs

NEW YORK - Macy's said Tuesday it is closing 125 of its least productive stores and cutting 2,000 corporate jobs as the struggling department store...

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Real estate icon Herb Tousley dies
News 2 weeks ago
Real estate icon Herb Tousley dies

New WeWork CEO has 'plenty of luck' Herb Tousley, a longtime commercial real estate professional with a passion for education and the built...

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PropTech: A look at ‘what comes next’ in CRE
News 2 weeks ago
PropTech: A look at ‘what comes next’ in CRE

New WeWork CEO has 'plenty of luck' It's not news that industry is in the midst of a massive, technology-driven disruption. The word itself -...

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Mall owners in group bidding $81 million for Forever 21
News 2 weeks ago
Mall owners in group bidding $81 million for Forever 21

New WeWork CEO has 'plenty of luck' A consortium of buyers, including mall owners Simon Property Group and Brookfield Property Partners, is bidding...

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Timberland closes financing on $68 million rental housing project
News 2 weeks ago
Timberland closes financing on $68 million rental housing project

Bloomington-based Timberland Partners has closed on a 22-acre project site and financing to start construction of the Sundance at Settlers Ridge an...

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Advocates: Trump proposal softens bank law
News 2 weeks ago
Advocates: Trump proposal softens bank law

WASHINGTON - The Trump administration is proposing changes to a decades-old law designed to keep banks from discriminating against the poor and...

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$26 million renovation will give Elliot Twins more space
News 2 weeks ago
$26 million renovation will give Elliot Twins more space

A pair of low-income housing apartment buildings in Minneapolis will get a $26 million refresh thanks to a funding source being used for the first...

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Q&A: Greco’s new leader ‘has the ability to do it all’
News 3 weeks ago
Q&A: Greco’s new leader ‘has the ability to do it all’

Q&A: Greco's new leader 'has the ability to do it all' When Josh Brandsted applied for and got his first job coming out of college a dozen years...

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Building Blocks: The Nordic draws North Loop in
News 3 weeks ago
Building Blocks: The Nordic draws North Loop in

United Properties developed the two-building property from the ground up as a mixed-use project that incorporated the historic feel office tenants...

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Builders: Ruling rejects ‘illegal tax’ on new homes
News 3 weeks ago
Builders: Ruling rejects ‘illegal tax’ on new homes

Minnesota homebuilders are praising a court decision that slaps down a city of Dayton ordinance requiring homebuilders to help pay an "off-site"...

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U.S. builders muscle into booming U.K. rental-housing market
News 3 weeks ago
U.S. builders muscle into booming U.K. rental-housing market

U.S. developers are moving into the U.K.'s rapidly expanding market for rental housing, including student dorms and senior-living facilities. CA...

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Real estate money heads to Nordic countries
News 3 weeks ago
Real estate money heads to Nordic countries

The Nordic real estate market attracted more investor cash than ever before last year, and it's now getting even hotter. Linus Ericsson, chief...

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Aeon aims to preserve 834 units
News 4 weeks ago
Aeon aims to preserve 834 units

Nonprofit affordable housing developer Aeon has set its sights on its largest preservation purchase yet: the 834-unit Huntington Place apartments...

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Building Blocks: Unity Place gets new lease on life
News 1 month ago
Building Blocks: Unity Place gets new lease on life

Property description: First, drainage on the property was so bad that much of it turned into an unwanted skating rink when standing water froze in...

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Nation’s largest retail trade group: holiday sales rose 4.1%
News 1 month ago
Nation’s largest retail trade group: holiday sales rose 4.1%

NEW YORK - The nation's largest retail trade group says holiday sales increased 4.1%, the top end of its forecast. The National Retail Federation...

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Target reports anemic holiday season
News 1 month ago
Target reports anemic holiday season

U. S. approves First Solar's mega-farm in California Target reported a rare shortfall in holiday sales, raising concerns about the challenges ahead...

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MGM Resorts selling MGM Grand real estate assets for $2.5 billion
News 1 month ago
MGM Resorts selling MGM Grand real estate assets for $2.5 billion

LAS VEGAS - MGM Resorts International is selling the real estate assets of the MGM Grand on the Las Vegas Strip to a joint venture for about $2.5...

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Google quietly expands in New York City
News 1 month ago
Google quietly expands in New York City

If Amazon.com Inc.'s botched expansion in New York City offers a cautionary tale, Google is showing there's another way. The Alphabet Inc. unit has...

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Kohl’s, Penney report holiday sales declines
News 1 month ago
Kohl’s, Penney report holiday sales declines

Why aren't employers more flexible about telecommuting? NEW YORK - Mall-based retailers J. C. Penney, Kohl's and Victoria's Secret parent reported...

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WeWork hits the brakes in New York, London after IPO debacle
News 1 month ago
WeWork hits the brakes in New York, London after IPO debacle

Why aren't employers more flexible about telecommuting? WeWork's days of breakneck expansion are over, at least for now. New leases by the flexible...

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STARR power: Retail projects honored
News 1 month ago
STARR power: Retail projects honored

U. S. to let autonomous car industry self-regulate Unconventional grocery stores, shops and restaurants at the Minneapolis-St. Paul International...

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Commentary: What happens when college is free?
News 1 month ago
Commentary: What happens when college is free?

U. S. to let autonomous car industry self-regulate Commentary: Editor's note: This article, distributed by The Associated Press, was originally...

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