Tag Archives: Minnesota

Want to spend less on commercial construction costs? Build now, not later

by Dan Rafter Ready to tackle a large-scale commercial construction project? Mortenson has some advice: Build now. That’s because Mortenson’s quarterly Construction Cost Index predicts that commercial construction costs will rise in six major markets across the country, including three … Continue reading

Posted in Chicago Commercial Real Estate, Illinois, Illinois real estate, Milwaukee commercial real estate, Minneapolis commercial real estate, Minnesota real estate, Wisconsin commercial real estate | Tagged , , , , , , , | Leave a comment

A red-hot market? Data center business continues to boom

by Dan Rafter Microsoft, Oracle and a host of financial firms gobbled up big swaths of space in data centers across the Chicago market in 2016. These users helped make Chicago the third-busiest market for data center activity last year, … Continue reading

Posted in Chicago Commercial Real Estate, Illinois, Illinois real estate, Minneapolis commercial real estate, Minnesota real estate, Missouri commercial real estate, St. Louis real estate, St. Paul commercial real estate | Tagged , , , , , , , , | Leave a comment

Midwest CBDs continue their hot streaks into 2017

by Dan Rafter The Central Business Districts of cities across the Midwest are hot, with the number of leases, sales and new developments continuing to rise in the centers of metro areas. The reason? People increasingly want to live in … Continue reading

Posted in Indiana commercial real estate, Indianapolis commercial real estate | Tagged , , , , , , , , , , | 1 Comment

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

Posted in Minneapolis commercial real estate, Minnesota real estate, office | Tagged , , , , , , , | Leave a comment

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

Posted in Chicago Commercial Real Estate, Illinois, Illinois real estate, Minnesota real estate | Tagged , , , , , , , | Leave a comment

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

Posted in Chicago Commercial Real Estate, Illinois, Illinois real estate, Indiana commercial real estate, Indianapolis commercial real estate, Iowa commercial real estate, Michigan commercial real estate, Minneapolis commercial real estate, Minnesota real estate | Tagged , , , , , , , | Leave a comment

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

Posted in Chicago Commercial Real Estate, Cleveland commercial real estate, Illinois, Illinois real estate, Minneapolis commercial real estate, Minnesota real estate, Ohio commercial real estate | Tagged , , , , , , , , , , , | Leave a comment