Monthly Archives: September 2015

Bringing new life to a former Macy’s — complete with rooftop hockey rink

by Dan Rafter The former Macy’s building in downtown Saint Paul, Minnesota, has been one of the more conspicuous empty spaces in the booming Twin Cities market. Those days, though, are coming to an end. The former department store will … Continue reading

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Industrial market strong in Twin Cities: Minneapolis/St. Paul sees record amount of new construction

by Dan Rafter Developers in the Twin Cities are building new industrial facilities – many of them speculative – at a record-setting pace. Just ask John Ryden, a senior vice president and industrial specialist with the Minneapolis office of CBRE. … Continue reading

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From the top down: As work spaces shrink, CEOs lead by example

Guest post by Michael Kruklinski Head of Siemens Real Estate for the Americas The trend of the shrinking work space is well established. The average amount of space for every office worker in North America dropped from 225 square feet … Continue reading

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Expanding into the Twin Cities: Dakota REIT acquires three buildings in Minneapolis/St. Paul market

by Dan Rafter For Jim Knutson, it only made sense: The REIT he serves as executive vice president, Fargo, North Dakota-based Dakota REIT, was ready to expand. Few markets were as promising as the Minneapolis/St. Paul region. So Knutson and … Continue reading

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The best city in the United States? The winner might surprise you

by Dan Rafter Looking to move? Livability, a Web site that ranks cities across the United States, recommends Rochester, Minnesota. That city topped Livability’s 2016 ranking of the 100 best small- to mid-size places to live in the United States. … Continue reading

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Zumper: Apartment rents reaching new highs

by Dan Rafter It’s one thing to read that apartment rents are on the rise. But when you see the actual numbers? It’s shocking how much it can cost to live in a one-bedroom apartment in a major city today. … Continue reading

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Quick hit: What’s most rewarding, most challenging about commercial real estate?

by Dan Rafter What do commercial real estate pros find to be most rewarding about working in the industry? What do they find to be the most challenging? We recently asked Sean Spellman, vice president and general manager with the … Continue reading

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