State: Minnesota - MN

Minneapolis/St. Paul Business Journal Raith Capital Partners has paid $17.5 million, or $89.74/sf, for a 195,000-square-foot warehouse in Maple Grove, Minn., about 16 miles from Minneapolis. The New York investor acquired the property, on 11.68 acres at 8775 Zachary Lane, ...

Minneapolis/St. Paul Business Journal Blackstone Group has paid $247 million, or $98.80/sf, for a portfolio of 22 industrial buildings with more than 2.5 million square feet throughout the Minneapolis/St. Paul, Minn., area. The New York investment manager purchased the portfolio ...

Minneapolis/St. Paul Business Journal Valerian LLC has proposed constructing a 112-unit apartment building at 801 Ninth St. SE in Minneapolis. The Edina, Minn., developer would demolish two warehouses that sit on the 4.95-acre development site to make way for the ...

Minneapolis/St. Paul Business Journal The Natural LLC has sold District 600, a 78-unit apartment property in Minneapolis, for $14.75 million, or $189,102/unit. The company, an affiliate of Michael Development Corp. of St. Paul, Minn., sold the six-story property to an ...

Commercial Real Estate Direct Staff Report The Hilton Minneapolis hotel, with 821 rooms in downtown Minneapolis, has been re-appraised at a value of $161.9 million. The 29-year-old property, which was acquired by a Walton Street Capital fund in 2016 for $143 ...

Minneapolis/St. Paul Business Journal Shafer Richardson Inc. is planning to build the 237-unit Raya Apartments in Richfield, Minn., about seven miles south of Minneapolis. The Minneapolis developer had purchased the project's development site, at 6300 and 6400 Richfield Parkway, earlier ...

Crain's New York Business Triple Five Group is in jeopardy of losing a 49 percent stake in a pair of North American malls, one of which is the famed Mall of America in Bloomington, Minn. The Edmonton, Alberta, company had ...

Minneapolis/St. Paul Business Journal Sherman Associates is planning to develop West Broadway Curve, a 92-unit affordable-housing project in Minneapolis. The property, at 1706-1920 West Broadway Ave., will have a mix of apartment and townhome units that would be reserved for ...