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Daily news source focused on commercial real estate, construction, banking, finance, economic development in Minnesota.
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News
Florida investor buys third, fourth downtown St. Paul buildings
3+ day, 16+ hour ago (482+ words) Dan Netter//September 10, 2026// Two office buildings in downtown St. Paul have a new private owner. Jamie Rand, a private investor based out of Florida, has purchased two connected office buildings in downtown St. Paul as a part of his Downtown…...
Just Sold: Stellar Industries acquires Midwest Fire in Luverne
1+ week, 2+ day ago (243+ words) Editor’s note: “Just Sold” is a Finance & Commerce feature based on the newest certificates of real estate value filed with the Minnesota Department of Revenue for commercial sales throughout Minnesota and reports of sales across the country involving local parties....
MAC lighting project to reduce energy use
1+ week, 4+ day ago (204+ words) September 23rd, 2026 | 4:30 PM November 12th, 2026 | 5:00 PM MAC lighting project to reduce energy use An LED lighting project at the Minneapolis St. Paul International Airport will force a temporary closure of Runway 17-35. The Metropolitan Airports Commission said Wednesday that it will close the…...
Evolve pays $50M for east metro senior property
1+ week, 6+ day ago (471+ words) Dan Netter//August 31, 2026// A 2011-built senior living complex near the Wisconsin border has been sold for $50 million, according to a certificate of real estate value released late last week. Oak Park Senior Living, a senior community in Oak Park Heights,…...
Just Sold: Black Swan buys Rochester apartments
2+ week, 2+ day ago (453+ words) Editor’s note: “Just Sold” is a Finance & Commerce feature based on the newest certificates of real estate value filed with the Minnesota Department of Revenue for commercial sales throughout Minnesota and reports of sales across the country involving local parties....
Brooklyn Park rental complexes fetch $41 million
2+ week, 4+ day ago (251+ words) Dan Netter//August 26, 2026// Two apartment complexes in Brooklyn Park were bought up for a combined $41 million according to recently released certificates of real estate value. Moonraker and Point of America, the two complexes, have 475 units between the two of them,…...
Bigos buys West End apartments for $35.5M
2+ week, 5+ day ago (432+ words) Dan Netter//August 25, 2026// One of the original apartments in St. Louis Park’s West End area has a new owner. Bigos Management purchased The Flats at West End for $35.5 million, according to a certificate of real estate value made public late…...
Just Sold: PURE Lowry rentals draw $18.8M
2+ week, 5+ day ago (403+ words) Editor’s note: “Just Sold” is a Finance & Commerce feature based on the newest certificates of real estate value filed with the Minnesota Department of Revenue for commercial sales throughout Minnesota and reports of sales across the country involving local parties....
Lakeville Amazon fulfillment center sells for $94.8M
2+ week, 6+ day ago (399+ words) Dan Netter//August 24, 2026// Companies from California and New York have traded the Lakeville Amazon fulfillment center, according to a recently released certificate of real estate value. ExchangeRight Real Estate, a Pasadena, California-based firm bought the fulfillment center for $94.8 million, according…...
Vincent Companies buys Gable Pines for $35.3M
3+ week, 2+ day ago (491+ words) Brian Johnson//August 21, 2026// An Eden Prairie company that’s making a name for itself as a prolific investor in senior housing communities across the Twin Cities has snapped up yet another property in that sector. Vincent Companies’ latest acquisition is Gable…...