Rondo Community Land Trust purchased the long‑vacant Sears on Rice Street, handing a major redevelopment parcel to a local nonprofit steward. Plans and timelines remain to be announced.

A Swervo-backed cannabis operator will convert a 50,000-square-foot Blaine warehouse into cultivation, processing, shipping and retail, adding about 40 jobs.

Fargo-based Great States Development has purchased The Copham, a 120-unit warehouse-conversion at 607 Washington Ave. N., further expanding the firm's North Loop holdings.

Federal Reserve data show investor ownership of Twin Cities single-family homes has climbed, concentrating purchases in lower-income neighborhoods. Researchers warn the shift is tied to higher eviction rates and fewer starter homes for buyers.

South St. Paul's vacant 1927 library is headed to the EDA as developers pitch an indoor playground; repairs could cost millions.

Hidden River Middle School in St. Paul reopened after an almost $50M renovation that added classrooms, security upgrades and a geoexchange heating and cooling system. The work also included interior updates at Wilson School.

Terrace Group paid $29.6M for River Tech Workplace, a four‑building, nearly 20‑acre flex campus on East River Road in Fridley. The purchase reflects steady investor demand for suburban industrial assets.

JR Hospitality bought two Bloomington airport hotels, adding 259 rooms as the Mall of America water park project moves through approvals.

Crews moved in to prep the boarded Midway CVS at Snelling and University as St. Paul moves ahead with a city-ordered demolition after years of complaints.

Niron Magnetics is scouting sites for a 1.6 million‑square‑foot plant that would dramatically scale U.S. production of rare‑earth‑free magnets.

South St. Paul will close Northview Pool this summer to prepare the site for a new outdoor aquatics center; the project depends on state bonding and an estimated $8.5M price tag.

Veriton paid about $72 million for nine Twin Cities neighborhood retail centers, consolidating roughly 345,000 sq ft under new ownership while keeping local managers on site.

Aeon has tapped Minnesota Housing deputy Rachel Robinson as its next CEO; she’s slated to start later in March and brings preservation and financing experience.