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 ...
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. ...
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/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 ...
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 ...
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 ...
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/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 ...
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 ...
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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