Minneapolis-St Paul
Avison Young Hires Principal, SVP in Minneapolis Office
Phil Kluesner and Eddie Rymer bring a total of more than 45 years of commercial real estate experience. Prior to joining Avison, they served as senior vice presidents at Carlson Commercial.
KBS Snags $88M Minneapolis Office Tower
Base Management disposed of the 523,000-square-foot Marquette Plaza, which is situated on an expansive 1.5-acre park, the largest green space in the city’s CBD.
Industrial Realty Buys IBM’s 1.3 MSF Minnesota Campus
The commercial and industrial real estate investor plans to bring new tenants to the 490-acre property, where IBM will continue to occupy several buildings and, ultimately, a mixed-use development will take shape.
Shorenstein Snaps Up $255M Office Tower
ASB Real Estate Investments sold Capella Tower and the adjoining Star Tribune Building in Minneapolis on behalf of its $7.4 billion Allegiance Fund.
Minneapolis DoubleTree Hilton Hotel Changes Hands
The company worked on behalf of the seller for the disposition of the five-story hotel located near the University of Minnesota campus.
Market Street Redevelopment Gets $54M in Financing
The suburban Minneapolis mixed-use project will contain 100 luxury apartments set atop 33,000 square feet of street retail and a parking structure.
Jernigan Continues Self-Storage Investment
The company has invested nearly $12 million in a proposed 813-unit storage facility in Minneapolis. The project is slated for completion by the second quarter of 2019.
Marriott Opens 5th US Moxy Hotel
Graves Hospitality owns the Minneapolis project, which marks Marriott’s 22nd Moxy hotel worldwide and the second built from the ground up in the U.S.
PCCP, Capital Partners Acquire Minnesota Industrial Portfolio
The portfolio consists of properties located within infill locations near freeways throughout the metro. The buildings are a mix of bulk warehouse, light industrial and flex product types.
ARA Goes Shopping in Twin Cities
The newly constructed property is located close to downtown St. Paul and downtown Minneapolis and includes retail space and a medical business center.