WICHITA, KS-The 35-year loan carries an interest rate of 6.95% and results in debt consolidation and lower payments, opening up other operating lines of credit, says Arbor Commercial Mortgage's James Boris.
OVERLAND PARK, KS-Dakota Hospitality owns and manages the new 125-room business-oriented hotel near the suburban business park and Sprint headquarters. The four-story hotel includes 2,500 sf of meeting space.
ST. PAUL, MN-Minnesota Life Insurance Co. also says the St. Paul Chamber has taken 10,000 sf at the adjacent 401 Building. The namesake company is going the extra mile -moving their own employees to create larger space blocks - to lease 120,000 sf.
JACKSON COUNTY, MN-The project, which also involves Wold Architects and Engineers, is expected to be completed by May 2003. Renovation will be done to the courthouse as well as the law enforcement center.
ST. PAUL, MN-The 635,000-sf building owned and operated by Minnesota Life provides flexibility for tenants and blends in with historic surroundings in the Lowertown neighborhood, a factor in its earning Downtown office building of the year.
ST. PAUL, MN-Some options for 117-foot-high grain elevator along the Mississippi River include interpretive center, stores, condominiums or restaurants. St. Paul Riverfront Corp. is offering $5,000 prizes for the best ideas.
HIAWATHA, KS-The 44-unit, six building complex has a net rentable area of more than 37,000 sf and was 90% occupied in October, according to HUD, which took the property back in foreclosure.
FOREST LAKE, MN-The new store at 2013 Broadway Ave. taps a new market on the northern ring of the Twin Cities. Eden Prairie, MN-based Cub Foods has with 40 stores in the Twin Cities area.
MINNEAPOLIS-Eugene F. Grazzini Jr., a 30-year construction industry veteran, is the top executive at Eagan, MN-based Grazzini Brothers & Co. James A. Hagman, president of Hagman Construction in Minneapolis, receives the organization's skill-responsibility-integrity award.
ST. PAUL, MN-The Conservatory of Music also will move into the building, which cost $3.6 million to renovate. It had been nearly vacant since the Science Museum of Minnesota moved in 1999.