Minneapolis-St Paul
Minneapolis-Area Logistic Centers Command $26M
CBRE Capital Markets facilitated the sale of a 386,295-square-foot core-plus portfolio to Cabot Properties. The buildings were 88 percent leased at the time of the acquisition.
Opus Buys Target Campus in Minneapolis
The company plans to convert the asset into a multi-tenant office property and include additional amenities into the space by spring 2019.
Savills Studley Hires New Minneapolis EVP
Ann Marie Woessner-Collins will be responsible for assisting the firm’s clients in finding the best locations for the lowest operating and talent costs.
Juhl Energy, GE Build 1st Solar-Wind Hybrid Project
The hybrid technology is designed to generate power efficiently during peak demand in both summer and winter.
R2 Cos. Buys 525 KSF Midwest Creative Office Portfolio
The real estate investment firm acquired the collection of 11 buildings, located in Minneapolis and Milwaukee, from Sara Investment Real Estate in a $60 million transaction.
CBRE Brokers HQ Relocation for Jostens
Brian Fogelberg and Mark McCary directed the lease on behalf of the tenant. The new office spans across three floors at Minnesota Center.
Top 10 Office Buildings With Highest Vacancies in the Twin Cities
Large corporate tenants have left behind considerable blocks of vacant space in the suburbs and relocated closer to the downtown areas, while landlords were upgrading undesirable buildings within city limits in order to attract and accommodate tenant needs.
Hempel Cos. Snags Minneapolis Office Asset
AtWater Group sold Concorde Executive Center, a 104,063-square-foot building in the Northwest submarket for $5.5 million. Cushman & Wakefield is in charge with the property’s management and leasing activities.
Novel Coworking Expands in Minneapolis
The company acquired its second office property in the metro—a nine-story building located in the Gateway District—from DCI Technology Holdings.
Fourpost Aims to Change the Retail Landscape With New Model
Founder & CEO Mark Ghermezian’s company is launching Nov. 1 at North America’s two biggest malls, with a collection of brands looking to make the move to brick-and-mortar locations without the long-term commitment.