A Fortune 500-dense secondary market with stable industrial, durable medical office, and a multifamily supply pipeline that has cooled meaningfully entering 2026.
The Minneapolis commercial real estate market is experiencing a cautious recovery, driven by a gradual return to pre-pandemic occupancy levels across various sectors. While demand for office space remains subdued, there is a notable resilience in the industrial and multifamily segments, reflecting ongoing shifts in consumer behavior and housing preferences. Lenders are adopting a selective approach, favoring well-located assets with stable cash flows, as allocators reassess risk profiles amid evolving economic conditions.
Items added to the wire per week · last 12 weeks
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.…
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…
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…
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.…
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…
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 (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…
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…
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…
Two senior vice presidents at the Minneapolis-based contractor talk about client relationships, project schedules and the direction of the construction boom.
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…
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…
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…
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…
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…
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’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…
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 (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…
Contractors across the Upper Midwest reported weaker activity, persistent uncertainty and rising costs, according to the Federal Reserve Bank of Minneapolis.
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.
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…
New capital supports growth of platform connecting landowners and hunters nationwide MINNEAPOLIS, June 3, 2026 /PRNewswire/ -- HLRBO, a marketplace connecting landowners with hunters seeking private-land access, has c…
Laurus Corporation announced its first acquisition in the Minneapolis area with the 190,000 sq ft Woodlake Centre, a high profile destination for medical and professional services in Richfield.