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MHN Interview: Crossing Rivers to Chase Value

MHN Interview: Crossing Rivers to Chase Value

As rents in Manhattan and Brooklyn continue to rise, renters are chasing value across both the Hudson and East rivers. Lincoln Equities Group is looking to capture that demand. …

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CBRE Closes $9M Sale of Kennebec Distribution Center to Meritex

CBRE Closes $9M Sale of Kennebec Distribution Center to Meritex

CBRE has recently announced the sale of Kennebec Distribution Center in Eagan, Minnesota, to Minneapolis-based Meritex Enterprises, Inc., at a cost of $9.2 million.…

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HFF Closes $30M Sale of Crowne Plaza Hotel in Bloomington

HFF Closes $30M Sale of Crowne Plaza Hotel in Bloomington

HFF recently announced it has closed the sale of the Crowne Plaza Hotel & Suites in Bloomington, Minn., near the Minneapolis-St. Paul International Airport and the Mall of America.…

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TODAY’S DEALS: Martin Fein Interests Completes Two Colorado Sales

TODAY’S DEALS: Martin Fein Interests Completes Two Colorado Sales

ARA brokers two sales in Lone Tree, Colo.; Griffis Residential completes a $48.8 million sale in Colorado Springs, Colo.; and Oak Grove Capital arranges $27 million in financing involving only 45 days of processing for a value-add property.…

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Rouse Properties Completes Sale of The Shoppes at Knollwood

Rouse Properties Completes Sale of The Shoppes at Knollwood

New York City-based Rouse Properties, Inc., a division of General Growth Properties (GGP) has completed the sale of The Shoppes at Knollwood in St. Louis Park, Minn.…

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Mortenson, SunShare Join Forces to Develop Community Solar Gardens across Minnesota

Mortenson, SunShare Join Forces to Develop Community Solar Gardens across Minnesota

Denver-based community solar company SunShare and construction firm Mortenson have joined forces to develop and build community solar gardens across Minnesota.…

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Marcus & Millichap Closes Two M-F Sales Totaling 106 Units

Marcus & Millichap Closes Two M-F Sales Totaling 106 Units

Brokerage firm Marcus & Millichap recently arranged the sale of two multifamily properties in the city of Minneapolis, totaling close to $10.5 million.…

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$6B Destination Medical Center Draft Development Plan Revealed

$6B Destination Medical Center Draft Development Plan Revealed

ROCHESTER, Minn. – A $6 billion, long-term initiative meant to turn Mayo Clinic and the City of Rochester into one of the leading medical destinations in the world recently reached a crucial milestone.…

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DoubleTree by Hilton Minneapolis North Welcomes First Guests

DoubleTree by Hilton Minneapolis North Welcomes First Guests

Hilton Worldwide and DoubleTree by Hilton recently announced the official opening of the seventh DoubleTree by Hilton hotel in Minneapolis.…

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Homewood Suites by Hilton Debuts New Hotel Near Mayo Clinic

Homewood Suites by Hilton Debuts New Hotel Near Mayo Clinic

Homewood Suites, part of the Hilton Worldwide brand recently announced the opening of the new Homewood Suites by Hilton Rochester Mayo Clinic Area/Saint Marys in Minnesota.…

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Securian’s 401 Building in Downtown St. Paul Recertified LEED Silver

Securian’s 401 Building in Downtown St. Paul Recertified LEED Silver

LEED recertification is a rare occurrence in the Twin Cities, but Securian’s 401 office building in downtown St. Paul has recently received LEED Silver Certification from the U.S. Green Building Council (USGBC).…

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Mandel Group Expands Presence in Minnesota with Purchase of 282-Unit Lemay Lake Apartments in Eagan

Mandel Group Expands Presence in Minnesota with Purchase of 282-Unit Lemay Lake Apartments in Eagan

Mandel Group, Inc., a Milwaukee-based real estate services company recently announced the purchase of Lemay Lake Apartments, a 282-unit market-rate apartment community in suburban Eagan, Minnesota.…

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