MINNEAPOLIS-Change at the top will shift the focus to enhancing the architecture firm's image for creativity. The firm is known for expertise in hospitals and ambulatory clinics, sports stadiums and arenas.
MINNEAPOLIS-L.J. Melody arranges the fixed-rate deal through Column Financial and Crown Bank. The 203,000-sf building is occupied by U.S. Bancorp. Doug Seylar of the Minneapolis office of L.J. Melody arranged the deal.
MINNEAPOLIS-The advisory group commissioned by the team also concludes the new ballpark's location should be a site that can create spin-off development. It also suggests a long-term lease if a new stadium is built.
BLOOMINGTON, MN-Carousel Center in Syracuse, NY will triple its size in a $900-million expansion, making it 500,000 sf larger than Mall of America. However, Mall of America has plans to add another 5 million sf.
RICHFIELD, MN-Plans for a 1.5-million-sf complex have met community resistance and a business owner holdout. The Minneapolis Foundation will interview a number of civic officials and nonprofit leaders.
MINNEAPOLIS-The nation's largest hair care salon operator will still build up to 400 new salons and spent up to $30 million on acquisitions next year. That's down from 450 stores built and an $80-million budget.
ST. PAUL, MN-The deal for 110,000 sf in the 400 Building and 40,000 sf in the Lafayette Building eases a growing glut of office space downtown, where a 630,000-sf building has opened and sublease space will be available.
MINNEAPOLIS-Target officials decline to comment on 'speculation' it is looking at up to 100 stores being vacated by the Chicago-based retailer that recently announced plans to declare bankruptcy.
MINNEAPOLIS- Mark Sims will be in charge of Twin Cities projects for the commercial real estate company, which is involved in developing or redeveloping 100 acres in the metropolitan area.