Endeavor Development inks joint venture deal for Arbor Lakes Business Park’s second phase
Edina-based Endeavor Development will team with a California real estate investment company to develop two new buildings in Maple Grove’s Arbor Lakes Business Park. Endeavor on Tuesday announced the joint venture with Los Angeles-based PCCP, LLC for the development of two Class A business park buildings totaling more than 443,000 square feet. It would be […]
Brooklyn Park council approves new site plan, plat for 610 Junction
The Brooklyn Park City Council approved updated site plans, development plans and a plat for 610 Junction, a currently undeveloped site at the corner of 93rd Avenue and Decatur Drive North at its Feb. 24 meeting. The site has seen several development proposals in the past 13 years. While a 2007 plan showed office, apartment […]
The Exchange is Opening Spring 2023
Opening in Spring 2023, The Exchange is New Brighton’s most exciting new community, a modern spot in the heart of it all. Easily walkable to the best spots in town, it’s a place that feels like home just outside the bustle of the city—but not too far to feel the excitement just a short drive […]
Bridge Investment Group acquires two Class-A office buildings in Minnesota
Bridge Investment Group’s office subsidiary Bridge Office has acquired Excelsior Crossings, a pair of seven-story, Class-A office buildings at 9380 and 9350 Excelsior Blvd. in Hopkins, Minnesota, near Minneapolis. The 508,590-square-foot property is located on the southern side of the I-394 corridor, the Twin Cities’ leading submarket. The firm also owns West End Office Park, […]
Prime Therapeutics looks to sublease Eagan headquarters
Prime Therapeutics, which in 2019 opened a 400,000-square-foot corporate campus in Eagan, has put the space up for sublease. Axios reports on the move by the pharmacy benefits manager, which is one of the largest privately held companies in Minnesota and employs more than 2,000 people in the Twin Cities. Consolidating those workers in one […]
Alatus to build city hall/apartment combo
Mixed-use apartment buildings can have a wide variety of other functions, from cafes and grocery stores to offices and churches, but Minneapolis-based Alatus believes it will be the first in the nation to include a city hall. At its Monday meeting, the Columbia Heights City Council approved plans for a $60 million project that will […]
Thomson Reuters’ brokers seeing ‘positive’ interest from potential buyers for Eagan campus
The Business Journal spoke with the local brokerage team helping Thomson Reuters with its search for new office space and sale of its Eagan campus Read more
Workbox opening coworking space in downtown Minneapolis
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A $250 million Edina project is under construction near Galleria:
A more than $250 million mixed-use project in Edina is underway after crews last week began demolishing a former U.S. Bank office building at 70th and France. Details: Developers Mortenson and Orion Investments will eventually build a 24-story, 267-unit luxury apartment tower, a 275,000-square-foot office/commercial building, a new U.S. Bank branch, and street-level retail space. Catch […]
$187 million Rochester apartment sale may be largest in state’s history
