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February 6, 2026
Cushman & Wakefield hires executive from rival to lead Midwest at 'pivotal time'
Cushman & Wakefield has picked an Avison Young executive to oversee its Midwest region as the current leader nears retirement and the global commercial real estate services firm's business gains momentum.
February 5, 2026
Uncertainty, unrest in Minneapolis challenge market working to recover
As the managing partner of a Minnesota alternative investment fund, Jon Lanners has seen the opportunity that can grow from distress.
February 2, 2026
Twin Cities-area apartment complex sells in 1031 exchange
Sterling Multifamily Trust purchased Falcon Apartments, a 144-unit multifamily property in North Branch, Minnesota, from Kuepers for $24.5 million, representing about $170,139 per unit.
January 26, 2026
At Home Apartments acquires recently built Minnetonka, Minnesota, property
At Home Apartments has purchased Shady Oak Crossing, a 75-unit multifamily property in Minnetonka, Minnesota, from Ron Clark Construction & Design for $19.75 million, representing $263,333 per unit.
January 20, 2026
Regional banks went quiet on commercial property loans. They’re turning up the volume again.
Major U.S. regional banks are projecting renewed growth in commercial real estate lending after years of reducing risk, citing lower interest rates and credit quality stabilizing across properties.
January 9, 2026
Macy’s identifies next 14 stores it plans to shut down
Macy’s is kicking off the new year by identifying the next round of underperforming stores it plans to close, 14 across a dozen states, as it executes its turnaround strategy.
January 6, 2026
W.P. Carey works out deal for national portfolio of Life Time fitness clubs
Net lease real estate investment trust W.P. Carey bought a portfolio of Life Time fitness clubs in Atlanta, Chicago, Washington, and other metropolitan areas for about $300 million.
January 5, 2026
Health-centric bathhouse concept looks to take plunge with US expansion plans
A New York-based social wellness club plans to open facilities coast to coast, betting the experiences it offers are the right fit for Americans these days as the company plots its expansion.
December 31, 2025
Twin Cities’ inflation remains among lowest across all major US markets
According to the latest Bureau of Labor Statistics’ latest Consumer Price Index release, inflation in the Minneapolis-St. Paul region is up 2.5% over the past year as of November, maintaining its streak of a sub-3% annual growth rate since mid-2024.
December 30, 2025
Commercial real estate sales picking up in Minneapolis
Minneapolis recorded its strongest third quarter for commercial real estate sales volume in four years, with more than $1.8 billion in properties traded across the multifamily, office, industrial and retail sectors. That represents a nearly 50% increase compared with both the same period last year and the average third-quarter volume recorded between 2015 and 2019.
December 16, 2025
Wood Partners hire leads Georgia growth; CenterSquare names investment chiefs; Southern Land expands Texas team
Wood Partners hire to lead Georgia growth; CenterSquare names new investment chiefs; Southern Land expands Texas team
December 12, 2025
JPMorgan expands housing finance team; Transwestern adds research manager; EYA names multifamily chief
JPMorgan expands housing finance team; Transwestern adds Minneapolis research manager; EYA names multifamily chief
December 4, 2025
Minneapolis-area Fairfield Inn & Suites sells
A private investor has purchased the Fairfield Inn & Suites Minneapolis in Bloomington for $8,575,000, or about $66,473 per room. The seller was Starwood Capital Group, a private investment firm with a global real estate focus.
December 3, 2025
Macy’s slows real estate sales in search of optimal prices
Macy's has once again lowered its projections for real estate sales this year as the retailer inches toward its goal of divesting up to $750 million in underperforming stores as part of a turnaround.
November 26, 2025
Twin Cities medical office market tightens to eight-year low
While the broader office sector continues to struggle with record-high vacancies and falling values, medical office space across the Twin Cities is quietly experiencing its strongest run in nearly a decade.
November 25, 2025
Cushman expands retail team; JLL hires chase California, Utah business; MLG names compliance chief
Cushman expands retail team; JLL hires target California, Utah business; MLG Capital names compliance chief
November 24, 2025
Office landlord Franklin Street Properties pursues debt refinancing
Franklin Street Properties is negotiating with a prospective lender to refinance its entire $248.9 million debt as the struggling office real estate investment trust moves closer to concluding a strategic review with a focus on portfolio recapitalization.
November 19, 2025
Target to spend $5 billion on store improvement plan
Giant discounter Target plans to spend $5 billion next year — $1 billion more than this year — to open more and some larger stores, while updating its existing brick-and-mortar fleet as it attempts a turnaround.
November 6, 2025
Office, retail appraisals come in lower; Loan defaults on New York apartment portfolio; HBO, WeWork exits trigger loan distress
This week's column examines sinking appraisals for office and retail properties, the default of a loan backing a New York apartment portfolio, and the effect of HBO and WeWork exits on a Seattle office property's debt. Read the entire piece by clicking "read more" below.
November 3, 2025
Top retail leases recognized for Minneapolis/Saint Paul
Prominent retail leases signed by Hyper Kidz, Dollar Tree and 3 Degrees Church negotiated by top dealmakers from CBRE and Sterling Organization are among the third-quarter retail leases recognized by CoStar.