Real Estate Blog

Two out-of-town developers are joining forces to bring more than 400 apartments to the Edgehill neighborhood. Raleigh-based SLI Capital and Atlanta-based Regent Partners are planning two apartment buildings, collectively offering 420 units, which will be part of a sprawling mixed-use development around the reservoir on Eighth Avenue South.

A big-box retail site that houses Burlington and Five Below stores has hit the market for $8.2 million.

A Memphis-based company is seeking a 10-year, $315,000 PILOT incentive from EDGE. The operation would create 260 net new jobs, with an average annual base pay of $35,898, not including benefits.

The property was purchased for $8.3M.

Earlier this year, the Bloomington City Council approved a predevelopment agreement with Schafer Richardson for the almost 2-acre parcel, located at 700 American Blvd. W. along Lyndale Avenue South and near outdoor retailer REI. More details are now available.

Culver's franchisee Baron Waller hopes to open another location in 2024 and has his eye on South Shore and Little Village.

As of last week, Andy's Frozen Custard has opened 14 dessert shops in the Kansas City metro since 2015. That number may increase further in coming years, including with a potential location in a redevelopment of a former Northland mall site.

The master plan calls for 2.1 million square feet of new development with multiple retail sites, a 168-room hotel, approximately 750,000 square feet of office space, and 750 residential units.

Here's what it takes to buy a home in Edina's 55424 and the Twin Cities' other most expensive ZIP codes.

Most leasing activity surrounds smaller and more efficient spaces, an Avison Young principal says