City: Minneapolis
$65Mln of Construction Financing Lined up for Bloomington, Minn., Apartment Project
Associated Bank and Old National Bank each has provided $32.5 million of financing for the construction of Carbon 31, a 403-unit apartment property in Bloomington, Minn. The property, at 8100 31st Ave. S., about 11 miles south of Minneapolis, is ...
Walton Street Seen in Talks to Modify $180Mln Loan on Hilton Minneapolis
Commercial Real Estate Direct Staff Report Trimont Real Estate Advisors, special servicer for the $180 million mortgage against the Hilton Minneapolis hotel, has once again started talks with the property's owner, Walton Street Capital, over terms of a loan modification. ...
790,000-SF Industrial Property Planned Near Minneapolis
Minneapolis/St. Paul Business Journal United Properties is planning to develop three industrial buildings with a combined 790,000 square feet in Lakeville, Minn., about 26 miles south of Minneapolis. The project, which is being built on a 65-acre development site between ...
Minneapolis-Area Retail Center Sells for $69Mln
Minneapolis/St. Paul Business Journal Phillips Edison & Co. has paid $69 million, or $347.23/sf, for Centennial Lakes Plaza, a 198,717-square-foot retail center in Edina, Minn. The Cincinnati REIT purchased the property from a limited liability company that shares an address ...
96,000-SF Industrial Property Breaks Ground Near Minneapolis
REJournals.com A venture of PCCP LLC and United Properties has broken ground on InverPoint 2, a 96,000-square-foot industrial property in Inver Grove Heights, Minn. The property is being built on a speculative basis at 8450 Courthouse Blvd., about 20 miles ...
Hines Proposes 719,000-SF Office Property in Minneapolis
Minneapolis/St. Paul Business Journal Hines has proposed building a 719,000-square-foot office property at the corner of Marquette Avenue and South Ninth Street in downtown Minneapolis. The 29-story property would be constructed on what is currently a parking lot and include ...
350-Unit Apartment Property Breaks Ground in Minneapolis
REBusiness Online A venture of Ryan Cos. US Inc. and Weidner Apartment Homes has broken ground on Fourth & Park, a 350-unit apartment property in downtown Minneapolis. The 25-story property is being built at the intersection of South 4th Street ...
Minneapolis-Area Apartment Property Fetches $73.5Mln
Minneapolis/St. Paul Business Journal MLG Capital has paid $73.5 million, or $203,601/unit, for the 361-unit Springbrook Apartments in Fridley, Minn. The Brookfield, Wis., investor purchased the property from an affiliate of Belgarde Enterprises of St. Louis, which was represented by ...
248-Unit Apartment Property Proposed Near Minneapolis
Minneapolis/St. Paul Business Journal JPL Development has proposed building Edison at Maple Grove, a 248-unit apartment property in Maple Grove, Minn. The St. Louis developer would construct the property on an 11-acre site between Garland Lane and the future extension ...
163-Unit Apartment Property Breaks Ground in Minneapolis
REJournals.com Schafer Richardson has broken ground on Peregrine, a 163-unit apartment property in Minneapolis. The local developer is building the seven-story property at the corner of West Broadway Avenue and West River Road North, about two miles north of the ...
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