BROOKLYN PARK, MN-The Minnesota Concrete & Masonry Contractors Association's contractor of the year award goes to Bob Storm of Northland Concrete. Barry Blazevic of ADB Construction Co. is elected president of the group.
MINNEAPOLIS-Minneapolis/St. Paul prime office rents were up 0.4% to $26.85 per sf in the fourth quarter. It is one of 14 US markets to see an increase in rents, according to a Grubb & Ellis survey, while the other 18 US markets it surveys saw decreases.
LAKE ELMO, MN-The project is the first in United Properties' 120-acre business park, the first in this town. Bremer Financial Corp.'s ownership plans to sell its 30,000-sf service center building in West St. Paul.
MINNEAPOLIS-Former Hammel Green Abrahamson employee will be responsible for strategic planning, marketing and management of the firm's support staff and vendors. The firm is headquartered here with offices in Dallas and Newport Beach, CA.
LADYSMITH, WI-The newest unit of the Chanhassen, MN-based hotel chain is owned by Johnson Management. The property at 700 W. 9th St. South fits the "upscale limited serving lodging property" category, according to AmericInn.
BURNSVILLE, MN-The privately-owned value chain based in Plymouth, MN, has grown to 15 stores. A new store opens here and in Detroit Lakes, MN as well as Fargo, ND.
BURNSVILLE, MN-The privately-owned value chain based in Plymouth, MN, has grown to 15 stores. A new store opens here and in Detroit Lakes, MN as well as Fargo, ND.
KANSAS CITY-The deal marks the completion of GC Cos.' bankruptcy reorganization plan. AMC Entertainment plans to rename the 66 theaters it is acquiring in the deal to its name.
MINNEAPOLIS-The REIT looks for ways to expand its commercial real estate portfolio, now totaling just 129,000 sf. The sale of its SmartCabinet software code and related assets net at least $4.2 million.
BLOOMINGTON, MN-Shopping center owners expect lower property tax bills by 6% to 7% this year. However, the average for those bills paid in the Twin Cities is up to three times as more than comparable mid-sized markets.