Category Archives: St. Paul commercial real estate

Seniors housing projects keeping Minnesota’s Oak Grove Capital busy

Developers of seniors housing projects have kept St. Paul, Minn.-based Oak Grove Capital busy lately with a steady stream of business. These developers are calling on Oak Grove to provide them with refinancing loans for seniors housing communities in Minnesota … Continue reading

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St. Paul’s Pioneer Endicott buildings begin new life as luxury multi-family development

St. Paul’s historic Pioneer Endicott buildings began their newest chapter earlier this week as the luxury apartment units they now hold officially became available for lease. The Pioneer Endicott buildings in downtown St. Paul’s Lowertown neighborhood — three buildings that … Continue reading

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Minnesota Sports Facilities Authority: Choosing construction manager for Vikings stadium project far from an easy choice

It was far from an easy decision. The Minnesota Sports Facilities Authority had to choose between two construction firms – both with a local connection – to serve as construction manager for the new multi-purpose stadium for the Minnesota Vikings. … Continue reading

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CoStar Group: Industrial vacancy rate keeps falling in Twin Cities

CoStar Group recently brought good news to industrial brokers working in the Minneapolis/St. Paul area. According to a report from the company, the Minneapolis industrial market ended the fourth quarter of 2012 with a vacancy rate of 6.4 percent. That’s … Continue reading

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Cushman & Wakefield/NorthMarq: Minneapolis/St. Paul CRE recovery is stronger than ever

  Cushman & Wakefield/NorthMarq recently brought some good news to commercial real estate professionals in the Twin Cities. According to the company’s most recent semi-annual Compass Report, commercial real estate vacancies across the Minneapolis/St. Paul area have dropped to 13.02 … Continue reading

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Macy’s closure ends an era in downtown St. Paul

When Macy’s announced this morning that it would closing its downtown St. Paul, Minn., store, it came as little surprise. The St. Paul location had been under-performing for years. And the rumors that Macy’s would shut down the store had … Continue reading

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Looking back at a busy year for the Midwest CRE industry

The past year was a big one for commercial real estate in the Midwest. The industry showed signs of recovery in cities from Chicago to St. Louis, Minneapolis to Kansas City. The past year was also a big one for … Continue reading

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Selling a property like no other: Colliers takes on task of selling former hospital for the mentally ill in Minnesota

Dan Peterson, a commercial broker with the Minneapolis-St. Paul office of Colliers International, has sold plenty of properties during his career. The Fergus Falls State Hospital, though, might rank as the most unusual. The hospital, more than 100 years old, … Continue reading

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BOMA report: Saint Paul office market a steady one

The Saint Paul, Minn., office sector remains a steady one, according to the latest findings from the Greater Saint Paul Central Building Owners and Managers Association, an organization better known as BOMA. Of course, not every major office building in … Continue reading

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Jones Lang LaSalle’s Tad Jellison: Fewer tire-kickers, more deals in Twin Cities office sector

As managing director in the Minneapolis office of Jones Lang LaSalle, Tad Jellison knows the commercial real estate market in Minneapolis/St. Paul. And the good news? Jellison is seeing more commercial deals in the Twin Cities. Midwest Real Estate News: … Continue reading

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