News | Search

March 10, 2025
US office leasing comeback expands beyond New York
New York has led the way toward an office recovery from the peak of COVID-19 worker isolation, but it is other cities — far from Manhattan and smaller in size — that have top commercial real estate executives talking optimistically in early 2025.
March 6, 2025
Cushman chases sales in Texas with new hire; Lee & Associates picks duo to target Gulf Coast growth; StreetLights promotes executive for multifamily push
Cushman looks to expand Texas office sales with new hire
March 3, 2025
Softer leisure performance in Florida a concern for DiamondRock
The first glimpse of a pullback in leisure demand might be at hand.
February 28, 2025
Minneapolis job market falters in 2024
The Twin Cities job market entered 2025 on uneven footing, coming off the first year of employment contraction since 2020, weighed down by sustained heavy office-using job losses. According to the latest Bureau of Labor Statistics data, total nonfarm payrolls decreased by 4,900 jobs in 2024. That is a notable slowdown from the 24,200 jobs added in 2023 and the metropolitan area's five-year pre-pandemic average annual growth of 25,000 jobs.
February 28, 2025
Top Dealmakers in Minneapolis/St. Paul Named CoStar Power Brokers
Meet the top commercial real estate firms and brokers in the Minneapolis/St. Paul market who have been recognized as CoStar Power Brokers for their exceptional deal-making.
February 27, 2025
Warby Parker to open eyewear shops at Target
Eyewear seller Warby Parker is joining a growing group of retailers that are expanding their brick-and-mortar footprints by opening shops within other chains' stores.
February 27, 2025
Lender takes over one of Minneapolis' largest office towers amid stagnant market recovery
Slammed by the lingering impacts of the pandemic, downtown Minneapolis' stumbling office market recovery has been thrown into the spotlight with a lender's recent takeover of one of the city's most prominent high rises.
February 21, 2025
REIT secures $480 million backing five US office properties
A real estate investment trust has landed new financing for loans tied to office space in three U.S. states, a rare move at a time when many lenders are pulling back on office financing.
February 21, 2025
DiamondRock completes sale of Westin Washington, DC hotel for $92 million
Bethesda-based real estate investment trust DiamondRock Hospitality has completed the sale of the 410-room Westin Washington, D.C. City Center for $92 million.
February 19, 2025
Multifamily supply slowdown in Minneapolis set to be among most substantial in 2025
On the heels of a five-year stretch that saw over 53,000 market-rate units completed from 2020 to 2024, a tally that exceeds the cumulative amount in the 20 years leading up to the pandemic, the Twin Cities' multifamily market illustrates exceptional stability at the start of 2025.
February 13, 2025
CBRE hires duo to grab San Diego business; Redgate names partners in eastern expansion; NAI Hiffman taps veteran to grow US services
CBRE expands San Diego brokerage team
February 13, 2025
Top Property Sales Recognized for Minneapolis/St. Paul
A prominent industrial deal handled by CBRE and a multifamily disposition arranged by JLL are among the top fourth-quarter property sales recognized by CoStar.
February 13, 2025
Top Office Leases Recognized for Minneapolis/St. Paul
Prominent office leases signed by Northmarq, Wold and Messerli Kramer, negotiated by top dealmakers from Cushman & Wakefield as well as Transwestern Real Estate Services, are among the fourth-quarter office leases recognized by CoStar.
February 13, 2025
Top Industrial Leases Recognized for Minneapolis/St. Paul
Prominent industrial leases signed by Sparx Logistics, PAR Systems and ABC Supply Co., and negotiated by top dealmakers from the likes of JLL, are among the fourth-quarter industrial leases recognized by CoStar.
February 13, 2025
Top Retail Leases Recognized for Minneapolis/St. Paul
Prominent retail leases signed by Planet Fitness, Daiso and Krispy Kreme — and negotiated by top dealmakers from JLL and Mid-America Real Estate — are among the fourth-quarter retail leases recognized by CoStar.
February 4, 2025
Back for more: Investment firm snaps up latest downtown Minneapolis office tower at 97% discount
A Minnesota investment firm has scored another jaw-dropping bargain with its second deal in less than two months for a downtown Minneapolis office tower.
February 3, 2025
New Cushman team targets Las Vegas apartments; Newmark makes hires to drive automotive practice; CBRE adds vice chair to chase multifamily deals
Cushman bets on Las Vegas multifamily expansion
January 31, 2025
Jake Blumberg to lead Minneapolis' Itasca Project civic alliance
Jake Blumberg will assume the role of managing director for Minneapolis' Itasca Project civic alliance on Feb. 12, according to an announcement by the private nonprofit Greater MSP Partnership.
January 30, 2025
Marcus & Millichap secures $89.6 million for Minnesota multifamily projects
Marcus & Millichap has secured $89.6 million in financing for the construction of two multifamily projects in Chanhassen, Minnesota, adding 310 residential units and more than 14,000 square feet of retail space to the area.
January 29, 2025
HM Cragg leases industrial redevelopment space near Minneapolis
A provider of backup power systems has signed a lease for 92,224 square feet of industrial space at a redevelopment property in Eden Prairie, Minnesota, according to a Jan. 27 news release.