Caitlin Anderson
Reporter at Minneapolis/St. Paul Business Journal
I would be nowhere without coffee / CRE senior reporter @mspbjnews / past: @startribune @pioneerpress @edinasuncurrent @mndailynews @cijournalism / @umn_hsjmc
Articles
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2 months ago |
bizjournals.com | Caitlin Anderson
The owner of City Center at 600 Nicollet Mall and 33 S. Sixth St. in downtown Minneapolis defaulted on a $130 million loan, which has been placed in special servicing. The owner of City Center at 600 Nicollet Mall and 33 S. Sixth St. in downtown Minneapolis defaulted on a $130 million loan, which has been placed in special servicing. The borrower of the loan and owner of the property failed to pay off the loan or provide a refinancing commitment before the loan maturity date of Jan.
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2 months ago |
bizjournals.com | Caitlin Anderson |Doug Banks
Providence-South Coast has seen several high-profile properties experience troubles in the recent past related to their loans. The Providence metro area, which includes the Massachusetts South Coast, has the second-highest level of commercial real estate distress among all major U.S. metros, according to a new report.
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2 months ago |
bizjournals.com | Caitlin Anderson
Mohr Partners Inc. announced Monday it hired Darrin Dufresne to lead the company's new local office as managing partner and broker of record. Dufresne formerly worked at various local real estate firms, including Sherman Associates and CSM Corp. The move is part of Mohr's strategy to grow the firm's geographical presence in 2025. This year, the firm also has opened offices in Cleveland and Seattle. Mohr now operates 25 offices nationwide.
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2 months ago |
bizjournals.com | Caitlin Anderson
The developer recently unveiled plans to redevelop the former Billy’s on Grand site with 87 apartments and 12,000 square feet of ground-floor commercial space. Parritz is also eyeing some more sites in the area. Ari Parritz, a local developer who grew up often visiting St. Paul’s Grand Avenue and now lives in the area, wants to maximize the potential of the longtime destination retail corridor.
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Mar 28, 2025 |
bizjournals.com | Caitlin Anderson
While its main entry may be hard to detect tucked between industrial buildings in south Minneapolis, shoppers have been finding their way to United Noodles since 1972, often with new reasons to visit. Inside the longtime Asian market, patrons are greeted to a vast array of Asian goods, with products sourced from China, Japan, South Korea, Vietnam, Thailand and more.
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Scoop: Lender moves to take over Capella Tower in downtown Minneapolis https://t.co/NdQE2uVTZ7
NEW: Marcus Hotels & Resorts, Hempel Real Estate and Robinson Park plan to jointly acquire the Loews Minneapolis Hotel. https://t.co/TaNz5SwB45
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