MINNEAPOLIS-The bunkers at the old Minneapolis Fed and Control Data buildings are a good fit for telecommunications equipment. Rents of more than $20 per sf net are being seen, spurring owners to create "telecom hotel" space.
MINNEAPOLIS-Cindy Hoeschen will be responsible for the rollout of a new visual identity campaign for Welsh Cos. She has more than 10 years of experience in commercial real estate.
ST. PAUL-No loan would be made until Major League Baseball undergoes economic reform to benefit small-market teams, such as the Twins. The cities of Minneapolis and St. Paul would both like to be home to the ballpark.
ST. PAUL, MN-Building owners worry about Gov. Jesse Ventura's proposal to extend the sales tax to a wide range of business services, including property management fees, legal and accounting services, and leasing agents' commissions.
ST. PAUL, MN-Northwest Area Foundation will be the main tenant in the building, which will be renovated by local developer Steve Wellington. The city would contribute $2.7 million in tax-increment financing for the $8-million project.
MINNEAPOLIS- William R. Abel was a senior vice president at Colliers Towle. He now originates, coordinates oversees project development proposals and assignments for Mortenson's customers.
ST. PAUL, MN-The project on the north bank of the Mississippi River near Downtown will build as many as to 600 units, as well as an additional 100 units of affordable housing and 23,000 sf of commercial space.
BLOOMINGTON, MN-Jeff LaFavre is cited as a "prolific producer and excellent team leader" in receiving the United Properties' "2000 President's Award of Excellence.
ST. PAUL, MN-Differing proposals for state-run casinos will likely be a subject of hearings. One would create a Twin Cities casino run by the Minnesota Lottery; another a casino that would share profits with Indian tribes.