City: Minneapolis

Minneapolis/St. Paul Business Journal Faegre Drinker Biddle & Reath has agreed to renew its 175,000-square-foot lease at Wells Fargo Center, a 1.2 million-sf office property in Minneapolis. The law firm leases floors 20 through 27 in the 57-story building at ...

Minneapolis/St. Paul Business Journal Phillips Edison & Co. has paid $38 million, or $243.59/sf, for Chaska Commons, a 156,000-square-foot retail center in Chaska, Minn., a southwestern suburb of Minneapolis. The Cincinnati REIT acquired the property, at 122-320 Pioneer Trail, from ...

Commercial Real Estate Direct Staff Report Plymouth Corporate Center, a 628,436-square-foot office property in the Minneapolis suburb of Plymouth, Minn., has been reappraised at a value of $45.3 million. The latest appraisal, which was highlighted this morning in a TreppWire ...

Minneapolis/St. Paul Business Journal Real Capital Solutions has paid $34 million, or $110.03/sf, for the 309,000-square-foot office building at 3701 Wayzata Blvd. in Minneapolis. The Louisville, Colo., investor acquired the property from Opus, of Minnetonka, Minn., which bought it in ...

Commercial Property Executive Genworth Financial has provided a $49.5 million loan against Infor Commons, a 436,478-square-foot office property in St. Paul, Minn. The financing allows the owner, Frauenshuh of Minneapolis, to retire a $49.5 million mortgage that PNC Bank provided ...

Multi-Housing News JPL Development has lined up $39.5 million of Freddie Mac financing against Edison at Woodbury, a 207-unit apartment property in Woodbury, Minn., an eastern suburb of Minneapolis. Gantry arranged the 10-year loan. It pays a fixed rate and ...

ACRE has provided $351 million of debt financing against a portfolio of eight apartment properties with 1,573 units owned by a venture led by Harbor Group International. The loan facility was arranged by Walker & Dunlop. The portfolio that backs ...

Minneapolis/St. Paul Business Journal Phillips Edison & Co. Inc. has paid $27.65 million, or $242.54/sf, for Prairieview Center, a 114,000-square-foot retail property in Eden Prairie, Minn. The Cincinnati REIT acquired the shopping center from United Properties of Minneapolis. Prairieview Center ...

Commercial Real Estate Direct Staff Report Moody's Ratings estimates the value of the Hilton Minneapolis hotel at only $89.11 million, contributing to its decision to downgrade three classes of a CMBS deal it rates that holds a $180 million mortgage ...