Minneapolis

News | Minneapolis REIT snaps up fully leased distribution center outside Columbus

Return to Lender: Week of Oct. 15, 2026

The Minneapolis/St. Paul Business Journal reported that two office buildings within the Brookdale Corporate Center in Brooklyn Center. MN are scheduled to go to auction next month after the lender took control of the…

Castlelake Prices $1.1 Billion Commercial Real Estate CLO, CLCRE 2026-FL1

MINNEAPOLIS, Oct. 14, 2026 /PRNewswire/ -- Castlelake, L.P., a global alternative investment firm specializing in asset-based private credit and experienced ABS issuer, today announced it priced its first commercial r…

Minneapolis-St. Paul: Everything Everywhere All at Once

By Teresa Borgen, Newmark From record-high leasing rates to historically low office sales volume, the Minneapolis-St. Paul market continues to present a complex and evolving landscape. Still recovering from lasting ef…

Reliever Launches to Build the AI Back Office for Youth Sports

Founded by an operator with a track record of building and exiting software companies, Reliever brings modern financial tools to volunteer-run youth sports associations. MINNEAPOLIS, Oct. 6, 2026 /PRNewswire/ -- Relie…

Chicago/Midwest People & Company News, week of October 2, 2026

Cresa announced that it has re-entered the Minneapolis market, establishing a presence where it has a history of brokerage and longstanding client relationships. Cresa has tapped local veteran commercial real estate e…

Eric Lovins on Luminate Bank’s reverse mortgage growth, M&A strategy

Co-founder Eric Lovins explains how the Minneapolis-based lender is building a ‘concierge’ financial experience

Chicago TREND closes sale of Minneapolis’ Hawthorn Crossings Shopping Center

Mediterranean Chain Cava Opens First Minnesota Restaurant

Mediterranean fast-casual restaurant brand CAVA announced a significant milestone in its continued national expansion, reaching 500 restaurants. CAVA marked the moment at its Minneapolis restaurant, which opened at 62…

Northmarq Expands Investment Platform with Acquisition of Thirdline Capital Management

MINNEAPOLIS — Minneapolis-based Northmarq has acquired Thirdline Capital Management LLC, a registered investment advisor that manages the Thirdline Real Estate Income Fund (TREIX). Northmarq Fund Management (NFM), fou…

CBRE Signs Three Workplace360 Office Leases in Minneapolis

CBRE has signed three office leases across Minneapolis–St. Paul for its advisory local brokerage and business service organization businesses. CBRE signed a 15,586-square-foot lease at Arcadia, 5115 Arcadia Ave. in Ed…

CBRE Signs Three New Office Leases in Minneapolis Market

MINNEAPOLIS — CBRE has signed three new office leases in the Minneapolis-St. Paul market. The brokerage firm signed a 15,586-square-foot lease at Arcadia in Edina for its advisory employees. CBRE’s John Ferlita and Jo…

Gantry Secures $48M Construction Takeout Financing for Minnesota MF

Gantry has secured a $48.3 million permanent loan to retire construction financing for The Edison at Maple Grove apartments located at 9820 Garland Lane North in Maple Grove, a suburb northwest of Minneapolis. The two…

$76M in Capital Secured by JLL for Minneapolis MF Development

JLL has secured $76.25 million in financing for Thompson Oaks, a 291-unit multi-housing development along the Robert Street corridor in West St. Paul, Minnesota. JLL represented the sponsor, Greco and Swervo Managemen…

Davis Acquires Minnesota Outpatient Medical Portfolio for $31.3M

MINNESOTA — Davis, a national healthcare real estate investment, development and management firm based in Minneapolis, has acquired a four-building outpatient medical portfolio from Lakeview Clinic for $31.3 million.…

News | Wealth management firm signs new lease at landmark office tower west of Minneapolis

This Minneapolis office tower has gone from bargain sale to trailblazer

This office tower’s comeback signals a turn for downtown Minneapolis

Castlelake Prices $261.3M Residential Transition Loan Securitization, Castlelake Residential Mortgage Trust 2026-RTL1

MINNEAPOLIS, Aug. 20, 2026 /PRNewswire/ -- Castlelake, L.P., a global alternative investment firm specializing in asset-based private credit and experienced ABS issuer, today announced it priced its first residential…

HGA, Mortenson Complete 620K-SF Surgical Center in Minneapolis

Interdisciplinary design firm HGA has completed the Richard M. Schulze Surgical and Critical Care Center, a 10-story, 620,000-square-foot addition to Abbott Northwestern Hospital housing 190 private inpatient rooms. T…

PACE Loan Group Adds CRE Vet Kenneth Sacco as CFO

PACE Loan Group (PLG) has hired a commercial real estate veteran and finance leader to shepherd its capital markets momentum in the growing commercial property assessed clean energy (C-PACE) market. The Minneapolis-ba…

News | Commercial real estate giant signs office lease at suburban Minneapolis campus

HGA, Mortenson Complete 620,000 SF Surgical Center Addition for Allina Health in Minneapolis

MINNEAPOLIS — Design firm HGA and general contractor Mortenson have completed the Richard M. Schulze Surgical and Critical Care Center, a 10-story, 620,000-square-foot addition to Abbott Northwestern Hospital in Minne…

Cabot Properties Sells 2.5 MSF Industrial Portfolio in Chicago, Minneapolis Markets

CHICAGO AND MINNEAPOLIS — Cabot Properties has sold the North Central Portfolio, a collection of 11 industrial buildings totaling roughly 2.5 million square feet across the greater Chicago and Minneapolis markets. A g…

Ryan Cos. execs discuss data center headwinds

Two senior vice presidents at the Minneapolis-based contractor talk about client relationships, project schedules and the direction of the construction boom.

IBBA® Announces the Results from the 2026 Annual Conference for Business Brokers

INDEPENDENCE, Ohio, July 29, 2026 /PRNewswire/ -- The International Business Brokers Association® (IBBA) presents key moments from the 2026 IBBA Annual Conference, held May 29–31 at the Hyatt Regency Minneapolis. The…

UBS, CBRE Sign Leases at Arcadia Office Building Under Development in Metro Minneapolis

EDINA, MINN. — Arcadia, a 118,000-square-foot office building currently under construction in Edina, is now 71 percent preleased. Opus broke ground on the six-story, multi-tenant property in September. Completion is s…

Chicago developer invites North Minneapolis residents to co-own their neighborhood shopping center

Shopping center seeking community investors to build generational wealth in north Minneapolis

North Minneapolis shopping center invites residents to buy in as co-owners for as little as $1,000

NorthRock Partners Expands Minneapolis Presence with Addition of Kowalski Financial, Strengthening National Growth Strategy

The partnership expands NorthRock's Personal Office® model in its hometown of Minneapolis while bringing additional expertise and resources to Kowalski Financial's clients. MINNEAPOLIS, July 21, 2026 /PRNewswire/ -- N…

Transwestern Acquires Forte Real Estate Partners in Minneapolis

MINNEAPOLIS — Transwestern has acquired Forte Real Estate Partners, a commercial real estate firm based in the Twin Cities. The transaction adds 12 healthcare, office and industrial tenant advisory team members and a…

Rise Baking Company Announces Relocation and Evolution of Innovation Center in Atlanta

New Office and R&D Lab Designed to Support Growth, Collaboration and Future Innovation MINNEAPOLIS, July 13, 2026 /PRNewswire/ -- Rise Baking Company, home to some of the baking industry's most trusted brands and a le…

Standard, Endeavor Complete 174,288 SF Cobalt Business Center in Metro Minneapolis

MENDOTA HEIGHTS, MINN. — Standard Real Estate Investments LP and Endeavor Development have completed Cobalt Business Center, a 174,288-square-foot industrial facility in the Minneapolis suburb of Mendota Heights. The…

Northmarq Secures $14M Financing for 148-Unit Multifamily in KS

Northmarq’s Minneapolis Debt + Equity team, led by Daniel Trebil and Logan McCarthy, arranged $14.3 million in acquisition financing for Station Lofts, a 148-unit mid-rise multifamily community located at 1100 N. Seco…

Real Capital Solutions Acquires Minneapolis Office Property for $34M

MINNEAPOLIS — Real Capital Solutions (RCS) has acquired 3701 Wayzata Boulevard, a 308,681-square-foot office property in the Urban West End neighborhood of Minneapolis, for $34 million. Situated on 25.8 acres overlook…

Real Capital Solutions Acquires $34M Minneapolis Office Property

Real Capital Solutions (RCS) has acquired 3701 Wayzata Boulevard, a 308,681-square-foot office property located in Minneapolis’ Urban West End neighborhood, for $34 million. Situated on approximately 25.8 acres…

Industrial sector sole bright spot in Minneapolis region: survey

Contractors across the Upper Midwest reported weaker activity, persistent uncertainty and rising costs, according to the Federal Reserve Bank of Minneapolis.

Judge halts Google data center project in Minnesota

Minneapolis-based Ryan Cos., the general contractor on the project, estimates delays on Project Skyway in Pine Island could cost about $5 million or more.

JLL Brokers $50.5M Sale of Industrial Portfolio in Metro Minneapolis, Milwaukee

MINNEAPOLIS AND MILWAUKEE — JLL Capital Markets has brokered the $50.5 million sale and secured acquisition financing for the Midwest Distribution Portfolio, a collection of four industrial properties totaling 608,316…