State: Minnesota - MN

Timberland Partners has paid $43.5 million, or $258,928/unit, for the 168-unit Vincent Woods Apartments in the Minneapolis suburb of Rogers, Minn. The Bloomington, Minn., company purchased the property from its developer, Trident Development of Saint Cloud, Minn., which was represented ...

An affiliate of Axial Real Estate Advisors has paid $27.3 million, or $255,140/unit, for Frost English Silver, a 107-unit apartment property in Maplewood, Minn., which is just east of St. Paul, Minn. The Minneapolis investment firm purchased the property, whose ...

Minneapolis/St. Paul Business Journal Riverfront Development Partners has filed plans to build the Resolute mixed-use property in Minneapolis. The property, at 1300 West Broadway Ave., will have 71 apartment units and 14,000 square feet of commercial space. It is expected ...

Opus Group has broken ground on Sanctuary Business Center, a 137,178-square-foot industrial property in Blaine, Minn. The Minnetonka, Minn., developer is building the property at the northeast corner of Xylite Street NE and County Road J West, about 15 miles ...

Local developers Dirk Erickson and John and Marcia Bouquet have secured $31.22 million of financing for the construction of BRYK on Broadway, a 180-unit affordable-housing property in Rochester, Minn. NorthMarq arranged the loan, which was provided by a credit union. ...

REJournals A venture of PCCP LLC and Capital Partners has acquired Diamond Lake Road Distribution Center, a 386,724-square-foot industrial property in Rogers, Minn. The sales price was not disclosed. PCCP, of Los Angeles, and Capital Partners, of Edina, Minn., purchased ...

Minneapolis/St. Paul Business Journal DRA Advisors has paid $43.8 million, or $164,661/unit, for Equinox, a 266-unit apartment property in St. Anthony, Minn. The New York investment manager bought the property from Laramar Group of Denver, which had paid $31.2 million ...

Minneapolis/St. Paul Business Journal Bigos Management has proposed building a 233-unit apartment property in Minneapolis. The three-acre development site, at the northwest corner of Interstate 394 and Highway 169, about eight miles west of the city's downtown, was home to ...

Ryan Cos. has broken ground on the 200-unit Talamore Senior Living Woodbury in Woodbury, Minn., about 20 miles east of Minneapolis. The Minneapolis developer is building the seniors-housing property at the intersection of Hudson Road and Settlers Ridge Parkway. The ...

The Opus Group has broken ground on Nordeast Business Center, a 130,440-square-foot industrial property in Minneapolis. The Minnetonka, Minn., developer is building the property on a speculative basis at the corner of University and 37th avenues NE, about five miles ...