July 5, 2001 CHICAGO – Prudential Mortgage Capital Co. has provided $10 million of fixed-rate financing for the Minneapolis Residence Inn.The 124-room property, which was built three years ago, is owned by GLM LLC. The 10-year financing, which amortizes over ...
BentleyForbes leased the property back to GN ReSound on a triple-net, 10-year lease with renewal options.
at 401 Sibley St. in downtown's Lowertown district; built in 1978, it's fully occupied.
The rental townhome complex opened in phases during the last 18 months. It operates in the low to mid-90% occupancy range.
April 9, 2001 BROOKLYN PARK, Minn. – Parkland Hotel Investors has received $21 million in interim, floating-rate financing for the Northland Inn and Executive Conference Center from GMAC Commercial Mortgage.The 231-unit complex sits on 11 acres and has nearly 300,000 ...
Prudential occupies the majority of the five-story building aka Northwest Business Campus, which Lend Lease plans to reposition for multitenant use.
January 10, 2001 MINNEAPOLIS – Brookfield Properties Corp. (NYSE:BPO) has leased 74,500 square feet of space at its Dain Rauscher Plaza at 60 S. Sixth St.The company renewed its lease with Marquette Bancshares for 55,256 sf, while Dain Rauscher added ...
December 21, 2000 ATLANTA – Wells REIT bought a 300,633-square-foot, Class-A suburban office building in Minnetonka, Minn., for $53 million, or $176/sf.The nine-story office building at 10900 Wayzata Boulevard in the Crescent Ridge Corporate Center, is fully leased to Metris ...
fully leased building in Crescent Ridge Corporate Center; price will provide an average cap rate of 10.37%
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