MAPLE GROVE, MN-The first phase of North Memorial's plans to build a health care campus at Interstate 94 and the future Highway 610 wins approval from the city council. Ryan would build the outpatient facilities and, if approval, the second phase, a hospital.
MINNEAPOLIS-Jay Scott, who will remain a principal at North America Properties, will bring several members of that organization with him as well as the Calhoun Square project. Pat Hart adds financial expertise to the firm.
MINNEAPOLIS-The expansion is necessary to attract future business to the Minneapolis Convention Center. It suggests a 1,200-room hotel near the convention center.
ROSEVILLE, MN-Jones Lang LaSalle submits plans to renovate and expand former Mervyn's space into a lifestyle center-type complex that would include sporting goods, movie theaters, restaurants and shops.
GOLDEN VALLEY, MN-Colliers Turley Martin Tucker represents New Mexico-based owner BGK in the three-building, 128,000-sf deal. The buyer is local real estate investor and multifamily housing developer Ted Glasrud Associates.
BLAINE, MN-Suffering the loss of three anchors in recent months, Glimcher Realty Trust is putting more than $20 million to fix up the nearly 1-million-sf center and replace Mervyn's, Kohl's and Montgomery Wards.
ST. PAUL-Ryan Cos. plans to build a $65-million, 170-unit condo project with Welsh Cos. and MetroPlains Development of St. Paul. The group will buy Ramsey County's vacant riverfront jail property for $3.4 million.
MINNEAPOLIS-The 1031 exchange deal was orchestrated by Evergreen Development for 24 investors. The seller of the apartment building near the University of Minnesota is Jefferson Commons-Minneapolis LP.
BLAINE, MN-The $7.5-million project is the first phase of Lexington Preserve Business Park, a 140-acre site on the northwest quadrant of Lexington Avenue and Interstate 35W. A portion of a site was once slated for a new Minnesota Vikings stadium, and that option remains open.
HASTINGS, MN-In a joint venture, Inland Real Estate Corp. and Crow Holdings each buy half of the 97,535-sf shopping center anchored by Cub Foods. Oak Brook, IL-based Inland Real Estate will lease and manage the property.