WASECA, MN-Four years ago, the Lincoln, NE-based company did a sale/leaseback of the 252,000-sf facility. Now it plans to move its operations to Irving, TX.
MINNEAPOLIS-The Cincinnati-based department store retailer confirms it is looking at buying the Marshall Field's department store group from Target Corp. The deal would involve 62 stores.
ST. PAUL-Energy Park Corporate Center, a joint development of the Saint Paul Port Authority and Ryan Companies US Inc., is honored as an exceptional new project by the national development association.
MINNEAPOLIS-Patrick E. Mascia has 13 years of commercial real estate experience, including his most recent job as vice president of dispositions, finance and investments at Opus Properties. He will be Duke's senior vice president of its Minneapolis operations.
PLYMOUTH, MN-The women's clothing retailer has cash flow strong enough to pay for $22 million in capital expenditures last year. The expansion comes despite a slight decline in same-store sales last year.
BURNSVILLE, MN-The 110-unit, $20-million condominium project is part of this city's Heart of the City redevelopment effort. Springbrook Corp. is the developer of the units, which will sell from $200,000 to $300,000.
NEW BRIGHTON, MN-The first phase would be a 560,000 sf to 820,000 sf complex on the east side of the city's Northwest Quadrant, a 100-acre redevelopment site near Interstate 694 and Old Highway 8. Ultimately, the project could mean up to 1.5 million sf in new development.
ROGERS, MN-The firm will build a distribution center for the beer distributing company. Construction is expected to begin this month and be completed by the end of the year.
EAGAN, MN-Rreef pays $123 per sf for the 154,557-sf community shopping center, which is anchored by a Rainbow Foods supermarket. United Properties' Eric Bjelland helps broker the deal.
MINNEAPOLIS-The 13-acre first phase of the project is aimed at life sciences and technology ventures coming out of the University of Minnesota; the goal is to build 1.6 million sf of laboratory, manufacturing and office space, built over the next eight to 10 years.