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Just Sold: MSP Commercial to redevelop Roseville building
Richfield-based MSP Commercial has taken advantage of a change in long-term plans to expand the University of Northwestern – St. Paul campus, paying the school nearly $4.29M for a 4.94-acre site and vacant 64,420-square-foot office building.
Just Sold: Resort buyers bring tech business to Crosslake
Jenna and Kaleb Orrock took the reins in July at the Pine Terrace Resort in Crosslake, paying sellers Steven and Jayne Routledge $3.08 million for the real estate related to the 33-acre resort.
Just Sold: Industrial building to become Hindu center
After outgrowing their Brooklyn Center meeting place, members of BAPS Shri Swaminarayan Mandir have paid $6.27 million for a larger Brooklyn Park light industrial building, where they plan to make their new home.
Just Sold: Wayzata Walgreens draws $7.8M
A group of local investors has paid $7.8 million for the 15,374-square-foot Walgreens store on a prime 1.38-acre corner in Wayzata.
Just Sold: Kwik Trip buys Eagan redevelopment site
Wisconsin-based Kwik Trip has paid $3.5 million for a 3.53-acre site on Pilot Knob Road in Eagan, where it plans to replace an outdated neighborhood retail center with its newest generation convenience store, fuel station and two-bay car wash.
Just Sold: Longtime employee buys Thunderbird Lodge
Joe Mershon has worked at the Thunderbird Lodge on Rainy Lake for 32 years. Now he and his wife, Jami Traska, own it.
Just Sold: Topgolf developer sells Woodbury site
The developer of Topgolf has is close to completion of its second golf-related entertainment venue in the Twin Cities in Woodbury, and has sold the real estate to Arizona-based STORE Capital.
Just Sold: Longtime owner sells Southtown Apartments
After more than two decades, a local family investment group has sold the 47-unit Southtown Apartments at 8133 E. Bloomington Freeway in Bloomington to a private buyer.
Just Sold: Satellite industries sells Plymouth site
Satellite Industries, which offers mobile buildings and services to clients throughout Minnesota, Montana, North Dakota, South Dakota, northern Iowa and western Wisconsin, has sold its main administrative location.
Just Sold: Manna buys New Hope business center
Manna Capital closed on a $9.8M office industrial property in New Hope, adding to its diverse portfolio of Midwest commercial real estate investments.
Just Sold: Company employees buy Delano campus
Playground builder Landscape Structures Inc. pays $12M to buy its Delano campus from King Holdings, ending years of leasing the buildings.
Just Sold: Hempel, TPG enter industrial joint venture
Eden Prairie-based Hempel Real Estate has teamed up with a new institutional joint venture partner to start work on as much as $300M in industrial development across the Midwest over the next five years.
Beyond The Skyline Podcast
Beyond the Skyline is a podcast and video interview about economic development, real estate and construction in Minnesota.
