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Hines Announces U.S. Bank Plaza Earns LEED Gold Certification

Hines Announces U.S. Bank Plaza Earns LEED Gold Certification

Hines recently announced that U.S. Bank Plaza in Minneapolis has received LEED Gold certification from the U.S. Green Building Council under the Existing Buildings Rating System.…

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Loews Hotels & Resorts to Acquire 255-Room Graves 601 Hotel Wyndham Grand

Loews Hotels & Resorts to Acquire 255-Room Graves 601 Hotel Wyndham Grand

Loews Hotels & Resorts recently announced that it has entered into an agreement to acquire the Graves 601 Hotel Wyndham Grand. The property will be purchased from the Graves Hospitality Corporation in a deal that is expected to close in early July.…

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CSM Plans Two Speculative Developments in Minnesota

CSM Plans Two Speculative Developments in Minnesota

Minneapolis-based CSM Corporation recently announced plans to develop two speculative commercial real estate projects in Minnesota. The first project calls for the construction of a 202,000-square-foot office and warehouse facility in Brooklyn Park and the second for a 270,000-square-foot bulk warehouse facility in Rogers.…

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DiamondRock Hospitality Completes Renovation of 821-Room Hilton Minneapolis

DiamondRock Hospitality Completes Renovation of 821-Room Hilton Minneapolis

DiamondRock Hospitality Company recently announced that it has successfully completed its $13 million renovation of the Hilton Minneapolis. The revamping project, which started in November 2013 included guest rooms, guest bathrooms and corridors.…

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CenterPoint Energy Announces Acquisition of New Facility; Hines REIT Sells $67M Portfolio

CenterPoint Energy Announces Acquisition of New Facility; Hines REIT Sells $67M Portfolio

Houston, Texas-based CenterPoint Energy recently announced it has closed on the purchase of a new 100,000-square-foot facility in Minneapolis. Located at 505 Nicollet Mall, the new location will house over 300 natural gas employees from two locations, but primarily from leased space at LaSalle Plaza.…

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Roundy’s Announces Sale of 18 Rainbow Stores and Full Exit from Minneapolis/St. Paul Market

Roundy’s Announces Sale of 18 Rainbow Stores and Full Exit from Minneapolis/St. Paul Market

Roundy’s Inc. recently announced that it has decided to fully exit the Minneapolis / St. Paul market. The company has entered into definitive agreements to sell 18 Rainbow stores in the Minneapolis / St. Paul market to a group of local grocery retailers, including Supervalu Inc.…

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Simon Property Group, Paragon Outlet Partners Announce Opening Date for Twin Cities Premium Outlets

Simon Property Group, Paragon Outlet Partners Announce Opening Date for Twin Cities Premium Outlets

Simon Property Group and Paragon Outlet Partners recently announced that the grand opening of the Twin Cities Premium Outlets will take place on August 14, 2014. The new 409,000-square-foot upscale outlet center will house over 100 outlet stores.…

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Brennan Investment Group Acquires $20M Industrial Portfolio

Brennan Investment Group Acquires $20M Industrial Portfolio

Chicago-based private real estate investment firm, Brennan Investment Group recently announced it has acquired a $20 million, four-property industrial portfolio…

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Hennepin County Medical Center Announces Plans to Expand Downtown Campus

Hennepin County Medical Center Announces Plans to Expand Downtown Campus

Hennepin County Medical Center recently announced the construction of a new 322,000-square-foot clinic and specialty center. The new addition will expand its downtown Minneapolis campus and aims to meet the growing demand for outpatient and specialty services.…

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Aimbridge Hospitality Awarded Management Contract for Embassy Suites Bloomington Hotel

Aimbridge Hospitality Awarded Management Contract for Embassy Suites Bloomington Hotel

Aimbridge Hospitality recently announced it has been awarded the management contract for the Embassy Suites Bloomington Hotel – a Hilton Family Hotel.…

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AFL-CIO Housing Investment Trust Provides $33M for 259-Unit Apartment Complex

AFL-CIO Housing Investment Trust Provides $33M for 259-Unit Apartment Complex

The AFL-CIO Housing Investment Trust recently announced it has provided $33 million in pension capital funding for the construction of Five 15 on the Park, an apartment complex in Minneapolis.…

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Equus Capital Partners Acquires 558-Unit M-F Portfolio in Suburban Minneapolis

Equus Capital Partners Acquires 558-Unit M-F Portfolio in Suburban Minneapolis

Private equity real estate fund manager Equus Capital Partners Ltd. recently announced that its affiliates have acquired a multifamily portfolio featuring two properties located in suburban Minneapolis. The communities were purchased from Henderson Global Investors and will be managed by the multifamily operating arm of Equus: Madison Apartment Group L.P.…

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