Retail - Minneapolis-St. Paul

  • Investcorp Acquires Office, Retail Assets Worth $250M

    Investcorp, a global provider and manager of alternative investment products, continues an active year with the acquisition of office and retail assets in the greater Chicago, Los Angeles, Minneapolis and New York areas valued at $250 million.

    06 November 2013 15:08
  • Hines Breaks Ground on New For-Rent Multifamily Complex

    By Gabriel Circiog, Associate Editor Houston-based developer Hines has broken ground on the Dock Street residences, a new for-rent multifamily complex in the North Loop neighborhood of Minneapolis, close to Target Field, home of the Minnesota Twins pro baseball team. Developed by Hines and financed by the AFL-CIO Building Investment Trust, the six-story complex will [...]

    29 September 2012 05:50
  • Chicago-based REIT Acquires 235-Bed Student Housing Property in St. Paul

    By Gabriel Circiog, Associate Editor Chicago-based real estate investment firm Harrison Street Real Estate Capital has closed on a 235-bed student housing property dubbed Stadium Village Flats, the Minneapolis / St. Paul Business Journal reports. Situated at the University of Minnesota in St. Paul, the Stadium Village Flats were sold by the Opus Group. The [...]

    24 September 2012 03:28
  • StuartCo, Simon Property Group Plan Residential Development at Southdale Center

    By Gabriel Circiog, Associate Editor Bloomington-based StuartCo has reached an agreement with Simon Property Group, the owner of Southdale Center, to develop a 232-unit apartment project on an underused piece of land at the shopping center in Edina. The Minneapolis / St. Paul Business Journal reports that StuartCo presented the plan and submitted sketches of [...]

    03 June 2012 06:07
  • Paragon Plans 400,000-Square-Foot Outlet Shopping Center in Cedar Grove

    By Gabriel Circiog, Associate Editor Paragon Outlet Partners L.L.C. has presented to the Eagan Economic Development Authority a preliminary concept plan for a new upscale outlet shopping center in Cedar Grove. The Baltimore-based developer proposes a project that would feature between 90 and 100 high-end outlet stores on approximately 35 acres of land. With more [...]

    10 April 2012 05:14
  • Vikings Stadium Plan Receives Majority Support from City Council

    By Gabriel Circiog, Associate Editor The latest Minnesota Vikings stadium plan is now backed by a majority of the Minneapolis city council, the Minneapolis / St. Paul Business Journal reports. The development was announced by Gov. Mark Dayton; Minneapolis Mayor R.T. Rybak, City Council President Barb Johnson and six other council members posted online letters [...]

    03 April 2012 07:46
  • Shakopee City Council Approves Economic Development Incentives

    By Gabriel Circiog, Associate Editor Shakopee City is set to welcome two new companies that will bring hundreds of jobs to town after the city council approved economic development incentives for SanMar Corp. and Trystar Inc., the Minneapolis / St. Paul Business Journal reports. SanMar Corp., an imprintable-clothing supplier, will invest $35 million to build [...]

    20 March 2012 13:02
  • Inland Real Estate Expands Portfolio

    By Gabriel Circiog, Associate Editor Inland Real Estate Corp. announced the acquisition of two retail properties in the Minneapolis market. IRC, through a joint venture with PGGM, bought Silver Lake Village, a grocery-anchored community center situated in the dense urban inner-tier suburb of St. Anthony. The center has a total of 159,303 square feet of [...]

    05 March 2012 15:18
  • Ryan Cos. Breaks Ground on Luxury Mixed-Use Project

    By Gabriel Circiog, Associate Editor Ryan Cos. US Inc. broke ground on the 222 Hennepin mixed-use project, in partnership with The Excelsior Group and an institutional client of Invesco Real Estate. The development will feature 286 luxury apartments (232,112 square feet); a 491-space, four-level parking garage; and the first Whole Foods Market in downtown Minneapolis. [...]

    20 February 2012 05:34