BLOOMINGTON, MN-United Properties says real estate investment market is in flux in the Twin Cities following a year that saw Heritage REIT acquire Boston-based Bradley REIT.
MINNEAPOLIS-The site will allow investors to better manage their fixed-income portfolios. A portal offers investors monthly transaction, collateral and historical performance information on GMAC-RFC securities.
ST. PAUL, MN-The Port will follow one "busy year" with another. The River Bend and Great Northern business centers are already on tap for this year but the Port is also considering the proposed Phalen Westminster.
MINNETONKA, MN-Tom Lund, a 17-year commercial real estate veteran who has been with Opus for four years, will head the new effort to find new apartment and condominium development opportunities.
EAGAN, MN-The facility will allow customers of the Wood Dale, IL-based freight consolidator in Minnesota, northern Wisconsin and the Dakotas to receive international freight faster and for less money, the firm says.
MINNEAPOLIS-The city council here agrees to sell land to Guthrie and build parking ramps at a cost of up to $25 million to support it. A similar measure failed to pass the city council last year.
MINNEAPOLIS-The deal is required by Firstar's pending merger with U.S. Bancorp. Firstar and U.S. Bancorp. will have about 90 branch offices in the Twin Cities once its merger is completed in the second quarter of this year.
MINNEAPOLIS-Online offerings save time and money for broker, client and prospects, says a broker marketing two industrial properties in Des Moines, IA. The cost of producing and mailing out sales package is more than $100.
EDINA, MN-The 96,000-sf office building is part of a mixed-use development in this Minneapolis suburb. Leasing has begun on the 96,000-sf, three-story Class A office building at Highway 100 and 50th Street.
MINNETONKA, MN-Opus sold the two buildings to separate buyers; the 265,000-sf first phase to Property Reserve in Salt Lake City, UT for $43 million and the 300,000-sf second phase to Wells Real Estate in Atlanta for $53 million.