The Twin Cities hotel market is thriving, powered by a strong economy and a region that ass added and absorbed plenty of new inventory. The vigor of this commercial real estate sector has made it a fruitful time for buyers and sellers who are seeking to capitalize on investment opportunities. Read full article.
About Tina Stadtherr
This author has yet to write their bio.Meanwhile lets just say that we are proud Tina Stadtherr contributed a whooping 19 entries.
Entries by Tina Stadtherr
The Capital Markets team of Avery Ticer, Scott Pollock, Tom O’Brien and Terry Kingston represented Alidade Capital in the sale of three buildings — office properties at 12400 Whitewater Drive in Minnetonka, as well as the Olympia Business Park buildings at 1325 and 1401 American Boulevard east in Bloomington. The properties sold for a combined […]
The team of Lance Steiger and Robert Dulin sold the Crescent Trace building, at 1101 Main Street SE in Minneapolis, for $12.4 million. The deal puts the ownership of 55 condo units in the hands of Blackhawk Investment Group. The former owner is Scott Weber, a local investor.
The Twin Cities multitenant commercial real estate industry remained active in the second half of 2018, even as multiple property types faced changing occupier and consumer preferences, dramatically outpacing projections for absorption and showing staying power for 2019 and beyond. At the end of 2018, the market’s multitenant properties posted a vacancy rate of 10.9 […]
The Minnesota Lodging Association has named Ronn Thomas and Tim Storey, our Midwest Hotels Sales Team, as the 2018 Allied Vendor of the Year. Ronn and Tim were recognized at the MLA Awards Gala on January 11. Check out a page on MLA’s website about their award — including a video featured at the MLA […]
The building is known internally as the Basset Creek building because it was built along the creek in 1998. View full article.
Cushman & Wakefield’s Ronn Thomas and Tim Storey represented Chester Properties LLC in the $7.35M sale of the La Quinta Inn & Suites in Rochester, an 83-room hotel on Highway 63. The sale, which resulted in American Hospitality LLC owning the property, closed just before the end of the year. View article from PostBulletin.
Scott Pollock, Terry Kingston, Tom O’Brien and Avery Ticer represented AtWater Group in the $13 million sale of Normandale Place, located next to Normandale Lake Office Park in Bloomington. The 82,000 sf building is nearly fully leased. View article from Finance & Commerce.
Lance Steiger and Robert Dulin represented United Properties in the $21M sale of the Kenwood Village apartments in Duluth. The property, which features 83 units and opened this year completely leased, features ground-floor retail. Lance told Finance & Commerce that the sale is a good sign for outstate Minnesota, since a New York-based firm was […]
A downtown St. Cloud office building that sold for $9.5 million as part of a 2015 portfolio deal has sold on its own for $13.5 million to a North Dakota buyer. View full article.
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