Monthly Archives: November 2011

Racetrack could mean big changes to small Minnesota community

Posted on November 30, 2011 by

A new race track proposed for the tiny Minnesota town of Elk Grove New Market could dramatically change residents’ way of life in this Scott County community. And that’s both a positive and a negative. Tom Wolf, chairman of the … Continue reading →

Posted in Minneapolis commercial real estate, Minnesota real estate | Tagged , , | 4 Comments

Apartment demand strong in Midwest: Indianapolis, Minneapolis set multi-family records

Posted on November 30, 2011 by

The cities of Indianapolis, Minneapolis, Milwaukee and Kansas City all have something to be grateful for this holiday season: the strength of their multi-family markets. And in Minneapolis and Indianapolis, building owners and landlords should be especially pleased: Both markets … Continue reading →

Posted in Indianapolis commercial real estate, Kansas City commercial real estate, Minneapolis commercial real estate, Minnesota real estate, multi-family, Wisconsin commercial real estate | Tagged , , , , , | 1 Comment

Want to avoid the pitfalls of senior housing? Hire an outside management company

Posted on November 23, 2011 by

A growing number of developers, based both in Minnesota and across the Midwest, are entering the senior housing market. There’s a reason for this: The U.S. population is aging. And more residents need the services provided by senior care centers. … Continue reading →

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Surprise! A bit of good news for the retail sector

Posted on November 17, 2011 by

If you’ve been looking for at least some good news from the retail sector, look to Hessam Nadji, managing director of research services with Marcus & Millichap. He, along with his department, recently released Marcus’ October retail research brief. And, … Continue reading →

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NAI Isaac helps bring 200 new jobs to Lexington

Posted on November 16, 2011 by

Sometimes commercial real estate professionals can make a difference just by doing their jobs. Like when they bring new employment opportunities to an area. That’s what three commercial pros with NAI Isaac recently did in Lexington, Ken. And in today’s … Continue reading →

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Demand for industrial space is still positive, but strong demand not expected until 2012

Posted on November 14, 2011 by

The NAIOP Research Foundation has released its Industrial Space Demand Forecast for the fourth quarter of 2011, in which the association predicts a positive increase in demand, but still below historically normal rates. “Sluggish industrial demand signifies that the industry, … Continue reading →

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McElhatton: Commercial real estate more complex than ever

Posted on November 10, 2011 by

Commercial real estate developers and brokers face increasingly complex legal problems today. Shaun McElhatton, a shareholder at Leonard, Street and Deinard in Minneapolis who focuses his practice in commercial real estate, understands. He recently shared his thoughts on the legal … Continue reading →

Posted in Minneapolis commercial real estate, Minnesota real estate | Tagged , , , | 2 Comments

Bringing new life to a Minneapolis suburb: Lyndale Apartments ready to rise

Posted on November 9, 2011 by

The Minneapolis suburb of Richfield will soon see its first new apartment building in the last two decades thanks to the efforts of Michael Development and St. Croix Real Estate. The two companies teamed up to form Woodlake Richfield Apartments, … Continue reading →

Posted in Minneapolis commercial real estate, Minnesota real estate, multi-family | Tagged , , , , | 1 Comment

Fifield launches K2 in hot apartment market

Posted on November 4, 2011 by

The development team of Fifield Companies and Wood Partners broke ground earlier this week on K2, a 34-story apartment tower that will include 496 luxury units, capping off Fifield’s K Station development in Chicago. Steven Fifield, chairman and CEO of … Continue reading →

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Shooting for the Stars

Posted on November 3, 2011 by

January 24, 2012 marks the 10th Annual Commercial Real Estate Forecast event. That’s a lot of forecasting, a lot of speakers and a lot of planning. It’s even more when you consider that I started doing a Forecast event in … Continue reading →

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