MINNEAPOLIS-Including the recently completed stock offering, the restaurant chain plans to add 20 of its own casual dining restaurants next year and 45 franchises. The company will have opened 14 of its own restaurants and 36 franchises by the end of this year.
MINNEAPOLIS-Most industrial brokers agree that vacancy rates have topped out at 7.4%, but disagree about rental rates. All are predicting a robust recovery for 2004.
MINNEAPOLIS-Real estate taxes are still the top challenge for Minnesota's shopping center developers and owners for the third year in a row, according to a member survey by the Minnesota Shopping Center Association. Redevelopment ranked as the best opportunity.
FERGUS FALLS, MN-Otter Tail has bought the assets and operations of Foley Corp, which provides a range of specialty contracting including design and build services for new construction.
BLOOMINGTON, MN-The gas and convenience store chain will add 26 gas stations in a deal with Williams Cos. Holiday Stationstores has 350 gas station convenience stores and about 3,500 employees in Minnesota, Wisconsin and nine other states in the Midwest.
MINNEAPOLIS-After an $11.5-renovation this year, the Radisson flagship wins recognition from AAA; five other hotels and one restaurant in Minnesota are repeat winners of the designation.
ST. PAUL-Lebanon Valley Place in Apple Valley and Talmadge Pointe Apartments in Vadnais Heights win grants to help in the production of housing, including affordable housing.