Caitlin Anderson
@CAndersonMN
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I would be nowhere without coffee / CRE senior reporter @mspbjnews / past: @startribune @pioneerpress @edinasuncurrent @mndailynews @cijournalism / @umn_hsjmc
Minneapolis, MN
Joined February 2018
Scoop: Lender moves to take over Capella Tower in downtown Minneapolis https://t.co/NdQE2uVTZ7
bizjournals.com
A lender of Capella Tower in downtown Minneapolis recently put out requests for proposals to brokerage firms to take on the 58-story tower's leasing and management.
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NEW: Marcus Hotels & Resorts, Hempel Real Estate and Robinson Park plan to jointly acquire the Loews Minneapolis Hotel. https://t.co/TaNz5SwB45
bizjournals.com
Marcus Hotels & Resorts, which is tied to Marcus Theatres, plans to manage the hotel upon the deal's closing. The downtown Minneapolis hotel will also be rebranded.
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NEW: Optum, a subsidiary of UnitedHealth Group, will dump its 470,000-square-foot office campus lease in Eden Prairie by the end of this year https://t.co/Y6YvpKxw0d
bizjournals.com
Optum, a subsidiary of UnitedHealth Group, will move out of its massive Eden Prairie campus near its headquarters, dumping a 470,000-square-foot lease in an already struggling office market.
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Unisys plans to leave its 32-acre Eagan campus https://t.co/eLoRlg6CGs
bizjournals.com
Unisys owns the site, located at 3199 Pilot Knob Road, according to Dakota County property records.
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The trend continues… Another proposal for an office-to-residential conversion in downtown Minneapolis — this time for affordable housing https://t.co/di5YLIdYQv
bizjournals.com
A local nonprofit is proposing to convert an office building in downtown Minneapolis into 59 units of affordable housing.
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More background on that plan can be found here:
bizjournals.com
A local wine and spirits distributor is proposing to redevelop the former Eagan headquarters of Blue Cross Blue Shield of Minnesota with a 460,000-square-foot warehouse facility and other uses.
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A plan to redevelop the former HQ of Blue Cross Blue Shield of MN got a lukewarm response from the Eagan City Council this week
bizjournals.com
A plan to transform the former Blue Cross Blue Shield of Minnesota headquarters into a new headquarters and distribution center for Johnson Brothers Liquor Co. received a lukewarm reception by the...
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SCOOP: NetSPI is moving to a new headquarters in North Loop's Steelman Exchange, taking over part of the space put up for sublease by Calabrio https://t.co/o9OshEDyCX
bizjournals.com
Minneapolis-based NetSPI is planning to move to a new North Loop headquarters, taking over half of the sublease space put on the market by Calabrio Inc. late last year.
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NEW: LaSalle Plaza, the distressed 30-story office building in downtown Minneapolis, has been bought by Hempel Real Estate https://t.co/oLWrGhbGEf
bizjournals.com
Hempel Real Estate has purchased the distressed 30-story LaSalle Plaza in downtown Minneapolis. It plans to make additional improvements, including indoor pickleball courts and a pair of Cadillac...
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Landing the 2027 Expo could have brought 7 million visitors to the state and triggered a a surge in development around the Mall of America. But the U.S. bid fell short on the world stage, with an international panel selecting Serbia for the Expo instead.
bizjournals.com
Landing the 2027 Expo could have brought 7 million visitors to the state and triggered a a surge in development around the Mall of America. But the U.S. bid fell short on the world stage.
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An update: I’ve recently taken over #CRE coverage for @MSPBJnews! I’m super excited to take on this important & fun beat. Note: I’m also keeping residential RE, meaning I’m now essentially covering all things real estate! 🤩 News tips? Email me at canderson@bizjournals.com 🌟
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The first Four Seasons condo to be up for sale by an individual owner (& not the developers of the condo/hotel) is on the market for $6.5M https://t.co/fKTi0L3aQS
bizjournals.com
The first Four Seasons condominium being sold by an individual owner — rather than the developers of the condo and hotel tower — is on the market for $6.5 million.
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NEW: The Old Republic Title Building in downtown Minneapolis has sold to a new owner, who plans to convert the office building to apartments https://t.co/XWA4kzRsHz
bizjournals.com
A local real estate investor has plans to convert the Old Republic Title Building in downtown Minneapolis into up to 140 apartments.
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Mayo has identified a number of proposed redevelopment sites in an expansion plan for downtown Rochester https://t.co/VrfhPY1Ix1
bizjournals.com
Mayo Clinic unveiled Monday its multi-year expansion plan in Rochester, focused on transforming its downtown campus.
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A local businessman has purchased historic Leech Lake resort Chase on the Lake as part of a $5.7 million deal https://t.co/1Cm5viyGXf
bizjournals.com
The resort offers 70 hotel rooms, 43 condos, the lakeside 502 Restaurant, a marina, event center and several other amenities. It spans more than 90,000 square feet.
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An app developed at agribusiness giant @Cargill that looks to reduce food waste will debut at @sxsw this weekend https://t.co/pTQZD8UuNO
bizjournals.com
Reskued, an app developed in Cargill's digital lab, provides a marketplace for food distributors to help keep unused food out of landfills. The app will debut at the South by Southwest conference...
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Minnesota companies seem to have fared well amid a global slowdown in venture capital funding. See the list of Minnesota's top funding deals in 2022:
bizjournals.com
Minnesota companies appear to have bucked the trend of a global slowdown in venture capital funding.
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EXCLUSIVE: The first condos part of the Four Seasons Private Residences in downtown Minneapolis have sold (above $2M) while move-ins began just last week https://t.co/uopZLpZpKT
bizjournals.com
Prices of the units start at $1.9 million for a one-bedroom condo, and a recent electronic certificates of sale from the Minnesota Department of Revenue show two condo purchases at around $2.1...
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Minneapolis-based sports-betting startup @BettorEdge is seeing a surge of interest for its business, expecting to reach $50 million in orders, or proposed bets, in 2022 alone this month https://t.co/Ze5KL2zrpm
bizjournals.com
Since being named one of Minne Inno’s Startups to Watch last year, Minneapolis-based social sports-betting platform BettorEdge has continued to gain traction.
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