Category Archives: Minnesota real estate

Destination suburbs: The new choice for aging Millennials

Guest post by Steve Shepherd, Vice President, Colliers International MSP “I just want to cook a ham for the holidays and be surrounded by family and friends,” says one aging millennial, who as of late, is interested in finding balance … Continue reading

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Novak helps Portillo’s reach ground-breaking milestone

by Dan Rafter The temperatures were frigid. The snow was falling. But that didn’t stop burger-and-hot-dog chain Portillo’s as it celebrated milestone ground-breakings earlier this month. Novak Construction led two ground-breaking ceremonies for a pair of new Portillo’s restaurants that … Continue reading

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No wonder investors love apartments: Rents are still sky-high across the country

by Dan Rafter There’s a reason the multifamily sector remains the top choice of investors and developers: apartment rents are high, and demand for these units keeps rising. That’s the takeaway from ABODO’s 2016 rent report. According to the company, … Continue reading

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Want to thrive in 2017? Follow the advice of these three CRE pros

by Dan Rafter This January, as always, we’ll be presenting our annual look at the most successful commercial real estate professionals throughout the Midwest in Midwest Real Estate News’ Commercial Real Estate Hall of Fame issue. The best part about … Continue reading

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Welsh and Colliers report: Minneapolis industrial market avoids third-quarter slowdown

by Dan Rafter The Minneapolis industrial market might have suffered a summer lull, but today the market is booming, according to the latet research from Welsh and Colliers International. According to the companies’ research, the industrial vacancy rate in the … Continue reading

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Marcus & Millichap: Apartment market still sizzling as 2016 ends

by Dan Rafter Employers added more than 147,000 jobs from July through September in the Indianapolis market. That’s good news for apartment owners and developers: These jobs are drawing new people to the region, and these new residents need housing. … Continue reading

Posted in Chicago Commercial Real Estate, Detroit commercial real estate, Illinois, Illinois real estate, Indiana commercial real estate, Indianapolis commercial real estate, Michigan commercial real estate, Milwaukee commercial real estate, Minneapolis commercial real estate, Minnesota real estate, multi-family, St. Paul commercial real estate, Wisconsin commercial real estate | Tagged , , , , , , , , , , , , | Leave a comment

The rent squeeze: Are new-construction apartment rents pushing too many renters away?

by Dan Rafter It’s no secret that newly built apartments in urban areas are commanding high rents. But newly released numbers from MPF Research show just how costly new construction apartment units are compared to older, less desirable stock. According … Continue reading

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