Minneapolis St. Paul's original leading source for commercial real estate news, analysis, trends, events and resources in office, industrial, retail, multifamily, hotel, healthcare and net lease property sectors.
MINNEAPOLIS-The $2.7-billion expansion was to include a new north-south runway by 2010. The carrier that accounts for the majority of flights at Minneapolis-St. Paul International Airport is cutting 20% of its routes, however.
ST. PAUL, MN-A proposed property tax overhaul also would simplify and reduce the state's complex commercial-industrial property tax system. The plan also would restructure the corporate income tax.
INDIANAPOLIS-The REIT's $80 million in new developments include a 128,000-sf industrial facility for Eagle Inc. in Minneapolis. First-quarter activity also includes $54 million of new third-party construction contracts.
MINNEAPOLIS-Padilla Speer Beardsley will anchor the four-story, 80,000-sf building, which is part of city's plans to redevelop the riverfront. The site is part of a former railroad yard and has been vacant for years.
ST. PAUL, MN-The $10-million tunnel will connect a convention complex to the rest of Downtown. An agreement reached by the state and county this week clears up a title issue.
BURNSVILLE, MN-Minneapolis Clinic of Neurology has signed 11,000 sf lease in a 52,000-sf office building being built here by Kellison Co. An attraction is the building's proximity to Fairview Ridges Hospital.