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Real Estate & Development in ...
Sumitomo poured more than $10 million into SPS Tower renovations and landed a 15‑year renewal with SPS Commerce, keeping 200,000 square feet anchored downtown.
ZIP code 55356 (Long Lake/Orono) landed sixth on a national hottest-housing list, highlighting steep asking prices and scarce waterfront inventory.
Twin Cities‑based Wold Architects bought Nashville’s JJCA, folding the healthcare-focused firm into Wold’s national platform while keeping the local team intact.
Saul Ewing has moved its Minneapolis office into the Wells Fargo Center, joining other national law firms that have signed leases at the tower. The shift reflects a push for high‑amenity downtown space.
St. Louis Park holds an open house tonight to walk residents through Phase 2 of a long‑overdue zoning rewrite; draft articles and maps are online.
Pulte Group paid $3.55M for 99 acres of Nigon family farmland in southwest Rochester and plans a Del Webb 55+ neighborhood, with initial occupancies penciled in for 2027.
New data show Minnesota's expansion spending cooled in 2025: company-level counts near $2.5B versus a $3.2B state tally, a gap driven by megaprojects and methodology.
A tentative deal would sell the southern half of the long‑vacant Roof Depot to EPNI for $6.12M while the city keeps the north parcel.
Saint Paul’s zoning board approved variances for a fourth Marvella building at Highland Bridge, including a skyway and underground parking. Groundbreaking is planned for September 2026.
MLG Capital bought a fully occupied industrial portfolio across Wisconsin and Minnesota, adding an 11‑acre warehouse leased to Wantable and FedEx.
St. Cloud's City Council will hold a second hearing on a permit-fee overhaul that builders say would raise costs for homeowners and projects.
Goodhue County Habitat broke ground on HOPE Heights, a 26‑home affordable development on Red Wing’s former St. John’s Hospital site. The phased project aims to expand local homeownership.
Hennepin County’s housing authority approved about $19.2M across multiple programs and moved three north Minneapolis parcels toward affordable-housing redevelopment.
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