Maplewood, Minn. — Arizona Partners has acquired Birch Run Station in Maplewood, about 14 miles from Minneapolis. The 279,343-square-foot shopping center is home to tenants such as Burlington, Jo-Ann and Dollar Tree. CBRE represented the seller, Voya Investment Management, in
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Minnetonka, Minn. — Dick’s Sporting Goods plans to open a new store this May in Minnetonka, about 14 miles from Minneapolis. The retailer also plans to hire more than 200 associates at its new store, which will be located at
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Edina, Minn. — JLL Capital Markets has arranged the sale of Galleria Edina, a 398,585-square-foot enclosed regional shopping center in Edina, about 10 miles from Minneapolis. Danny Finkle, Barry Brown, Dave Monahan, Amy Sands, Cameron Pittman, Matt Hazelton and Cory
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St. Cloud, Minn. — Hanley Investment Group Real Estate Advisors has negotiated the $3.5 million sale of a Raising Cane’s ground lease in St. Cloud near Minneapolis. Built in 2021, the 3,493-square-foot restaurant is located at 2635 W. Division St.
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St. Cloud, Minn. — Hanley Investment Group Real Estate Advisors has arranged the $3.5 million sale of a 3,493-square-foot retail property occupied by Raising Cane’s at 2635 W. Division St. in St. Cloud. Jeff Lefko and Bill Asher of Hanley
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Coon Rapids, Minn. — Hanley Investment Group Real Estate Advisors has arranged the $11.5 million sale of Riverdale Village, a three-tenant outparcel in Coon Rapids, roughly 15 miles outside Minneapolis. Jeff Lefko and Bill Asher of Hanley Investment Group, in
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Minnetonka, Minn. — JLL Capital Markets has brokered the sale of Ridgehaven shopping center in the Minneapolis suburb of Minnetonka for an undisclosed price. Located at 13081 Ridgedale Drive and shadow anchored by Target, the fully leased property spans 140,418
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Robbinsdale, Minn. — KW Commercial has arranged the sale of Robin Center, a shopping center located roughly six miles outside Minneapolis in Robbinsdale. Dollar Tree, CVS/pharmacy and Car-X anchor the center, which is located at 4044-4152 Lakeland Ave. N. Matthew
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Elk River, Minn. — Northwoods Management has acquired Elk Park, a 205,009-square-foot shopping center in Elk River, about 34 miles northwest of Minneapolis. The purchase price was undisclosed. Grocer Cub Foods is the anchor tenant. The property, which is located
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Minneapolis — The Telos Group and 601W Cos. have received $250 million in financing for The Dayton’s Project, a historic redevelopment of 700 Nicollet Mall in downtown Minneapolis. The 12-story property was previously occupied by Dayton’s department store, which rebranded
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Minneapolis — Target (NYSE: TGT) has announced plans to expand to over 160 Disney shop-in-shop locations by the end of 2021. The Minneapolis-based retailer began opening Disney shops in select stores in 2019. The new stores will offer a collection
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Brooklyn Park, Minn. — Taco Bell is building a restaurant with a new drive-thru concept in Brooklyn Park, a suburb of Minneapolis. Construction is underway on the 3,000-square-foot, two-story restaurant. Completion is scheduled for summer 2022. Known as Defy, the
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