Commercial Real Estate Direct Staff Report Piedmont Office Realty Trust is taking two of its Minneapolis-area office properties offline in order to renovate them, as their main tenants are vacating. The properties are the two-building Meridian Crossings, with 409,603 square ...
Commercial Real Estate Direct Staff Report The $63.75 million CMBS loan against Excelsior Crossings, a two-building office complex with 501,603 square feet in the Minneapolis suburb of Hopkins, Minn., has transferred to special servicer LNR Partners as it hadn't been ...
REBusiness Online Trilogy Real Estate Group has broken ground on the second phase of Hallon in Hopkins, a 770-unit apartment property in Hopkins, Minn. The Chicago investment firm is building the property at the northwest corner of Excelsior Boulevard and ...
REJournals.com Schafer Richardson has acquired Excelsior Industrial Center, a 106,663-square-foot industrial property in Hopkins, Minn. The Minneapolis developer purchased the property from the Beard Group of Hopkins, which was represented by CBRE. The sales price could not yet be learned. ...
The Salt Lake City investment manager purchased the property from DigitalBridge Group Inc., which had acquired it in 2013 for $122.8 million when it was known as Colony Financial Inc. The buildings are now 91 percent leased to tenants that ...
Bridge Investment Group, which paid $82.5 million for 9350 and 9380 Excelsior Blvd. in Hopkins, Minn., has assumed what most recently was a $79.2 million CMBS loan against the office property. The loan, however, has been written down to $68.2 million. ...
Minneapolis/St. Paul Business Journal Bridge Investment Group has paid $82.5 million, or $162.21/sf, for two office buildings with 508,590 square feet at 9350 and 9380 Excelsior Blvd. in Hopkins, Minn., about 10 miles southwest of Minneapolis. The Salt Lake City ...
TKG StorageMart Partners has paid $14.8 million, or $13,703/unit, for a 1,080-unit self-storage facility at 150 Tyler Ave. North in Hopkins, Minn. The Columbia, Mo., company purchased the property from Minikahda Mini Storage of St. Paul, Minn. It was built in ...
Minneapolis/St. Paul Business Journal TKG StorageMart Partners has paid $14.8 million, or $13,703/unit, for a 1,080-unit self-storage facility at 150 Tyler Ave. North in Hopkins, Minn. The Columbia, Mo., company purchased the property from Minikahda Mini Storage of St. Paul, ...
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