Minneapolis-St Paul
What’s Driving Twin Cities’ Office Market?
Marcus & Millichap Senior Associate Claire Roberts discusses the evolution and current state of the metro’s office market, and she also shares her predictions.
Carlson Starts HQ Renovation
For the first time since completion, the 16-story trophy tower in Minnetonka will be available to tenants outside of the company.
High-End Airport Hotel Bridges the Gap
Connected to Minneapolis-St. Paul International Airport via a skybridge, the 291-key InterContinental includes a spa, three restaurants and 30,000 square feet of event space.
Montecito Medical Enters Minnesota Office Market
The company acquired a Class A medical office building in Willmar. Fischer Laser Eye Center and Janning Ear, Nose and Throat Center are the property’s two tenants.
Adolfson & Peterson Construction Relocates HQ
The firm is leaving its home of 50 years for The Colonnade, an office tower in the Minneapolis suburb of Golden Valley, Minn.
On the Market: 5 Interesting Listings for September
This month’s listings include office, retail and industrial properties located in desirable neighborhoods in or near Las Vegas, Orlando, Minneapolis, Atlanta and Los Angeles.
Homewood Suites Opens at Southdale Center
Simon—the owner and operator of the regional mall and mixed-use complex in Edina, Minn.—developed the 146-key all-suite hotel in a joint venture with Noble Investment Group.
Marcus & Millichap Arranges MN Industrial Deal
Sean O’Brien and John Godwin, investment specialists with the company, closed the $4.7 million deal. The asset is located in St. Paul.
Public Storage Buys 360 KSF Minneapolis Portfolio
In a deal facilitated by JLL Capital Markets, Pegasus Group sold six properties totaling 3,243 units, with an average occupancy of nearly 90 percent.
Choice Hotels to Develop 170-Key Project in Twin Cities
Set to open in 2019, the new five-story Cambria property will rise in Bloomington, Minn., along a mixed-use corridor adjacent to the Mall of America.