Real Estate Blog

Two hotels in Bloomington came under new ownership this month.

The Best Western Plus and LaQuinta Inn and Suites by Wyndham both sold in deals that were worth similar per-room prices. The hotels are located in one of the state’s better-performing hospitality markets.

The Best Western sold to Eden Prairie-based Hempel Cos. for $13.2 million. With 210 rooms, the deal is worth around $63,000 per room. The hotel is located at 1901 Killebrew Drive, which is immediately south of the Mall of America.…

The building, located at 621 Hawaii St., serves as North American headquarters for video game developer Nexon Co.

The Ritz-Carlton tower's exterior is looking good these days. Office pre-leasing is another story.

The social media giant had previously declined to say what it planned to do with the 66,600 square feet it leased at 1330 Broadway in Oakland.

Plus, a new shopping center is coming to Rialto, and Stepp Commercial sells two apartment buildings for $5 million.

The new owner is planning renovations to the hotel rooms and will lease out the ground floor retail, outdoor beer garden and lounge spaces.

A new industrial park near where TSMC is under construction will include a variety of building sizes for heavy manufacturing or warehouse uses. Here are the latest details on the project.

Closing of new fund to help employee-owned development firm to pursue aggressive industrial expansion plans in the airport corridor as well as in Westmoreland County.

The Wharf is getting a makeover.

The three-acre, 41,000-square-foot creative office campus features office space, venues, a café and event programming.