Finance & Commerce

Other Top Stories

A rendering of a new animal hospital at the Minnesota Zoo in Apple Valley

$700M bonding bill to aid zoo, BCA office, higher ed, transportation

A $700M bonding bill offers $80 million for transportation, $60 million for higher education building upkeep projects, $11 million for the Minnesota Zoo and $67 million for a Southern Minnesota regional office for the Bureau of Criminal Apprehension in Mankato.

Q&A: Colliers’ Devon Dvorak builds career in multifamily real estate

Minnesota solar firm sues Google over AI defamation

Construction & Development

A rendering of a new animal hospital at the Minnesota Zoo in Apple Valley

$700M bonding bill to aid zoo, BCA office, higher ed, transportation

A $700M bonding bill offers $80 million for transportation, $60 million for higher education building upkeep projects, $11 million for the Minnesota Zoo and $67 million for a Southern Minnesota regional office for the Bureau of Criminal Apprehension in Mankato.

Real Estate

A warehouse at 9000 109th Ave. N. in Champlin

Champlin warehouse sold for $29M

A nearly 30-year-old warehouse in Champlin has sold for about $11 million more than the property fetched four years ago.

Just Sold

office at 3535 Vadnais Center Drive in Vadnais Heights

Just Sold: Pratt Ordway buys office in Vadnais Heights

An entity related to Pratt Ordway Properties has paid Short-Elliott-Hendrickson $5.05 million for its vacant office at 3535 Vadnais Center Drive in Vadnais Heights.

Q & A

Q&A: Colliers’ Devon Dvorak builds career in multifamily real estate

Colliers' Devon Dvorak shares his path to real estate success, insights on exurban multifamily markets, and advice for breaking into the industry.

Nation & World

Rendering of the Harbor District Riverwalk extension in Milwaukee

$30M Riverwalk extension begins in Milwaukee

Milwaukee begins $30M Harbor District Riverwalk project, its largest expansion yet, with paths, a bridge, and a new aquatic viewing area.

On the Market

A map showing the vacant parcel likely for a development in Cottage Grove

On the Market: Cottage Grove land, Eagan offices hit the market

Prime Cottage Grove land and two Class A Eagan office buildings offer growth potential in top-performing southeast Twin Cities submarkets.

Podcast

Professional Announcements

Special Publications

The Lilia, a 126-unit, luxury apartment building in Lilydale

Finance & Commerce announces Top Projects of 2024

Despite the challenges facing the construction industry, a remarkable number of projects were successfully completed last year, 52 of which have been selected for Finance & Commerce’s annual Top Projects awards.

EVENTS

Top Projects

July 17th, 2025 | 5:00 PM

Honoring the best building and construction projects in the state, Finance & Commerce’s Top Projects is the must-attend annual event t[...]

Empowering Women

August 20th, 2025 | 12:00 AM

These awards recognize companies and organizations that have shown a strong commitment to ing and elevating women in Minnesota.

Women’s Leadership Summit

August 20th, 2025 | 12:00 AM

Women are essential as business leaders, entrepreneurs and within their family. Finance & Commerce for our Inaugural Women’s Lead[...]

see all events

Construction & Development

Xcel service center project reaches milestone

Danfoss, Eden Prairie clash over prime redevelopment site

Madison adds 386 new homes, boosts 2025 housing push

Development pace lags at Highland Bridge

Rare apartment project advances in New Ulm

400-plus homes planned at former Medtronic site

St. Croix County development board adds five

Portion of Highway 3 to close during roundabout project

A rendering of a new animal hospital at the Minnesota Zoo in Apple Valley

$700M bonding bill to aid zoo, BCA office, higher ed, transportation

A $700M bonding bill offers $80 million for transportation, $60 million for higher education buildin[...]

Photo of a crane and a construction site

U.S. construction backlog slides to 8.4 months in May

Contractor backlog dipped to 8.4 months in May as tariffs caused delays and price hikes. ABC reports[...]

A rendering of a Big Hits at the Gateway project in Burnsville

Developers pitch new vision for Burnsville dump site

Burnsville may transform a former landfill into a $45M golf, pickleball, and event center, creating [...]

A rendering of proposed senior housing for Hudson

Doran Group plans 128-unit senior housing in Hudson

Doran Group plans 128 senior housing units on former golf course in Hudson, WI, with amenities, park[...]

Mobile media devices concept: office laptop, tablet PC computer and black glossy touchscreen smartphone with internet web business news on screen isolated on white background with reflection effect

Rosemount buys gas station for revitalization

Rosemount and its Port Authority have purchased a gas station property that has spent three years in[...]

Real Estate

Vincent Cos. buys St. Anthony senior facility for $12.4M

Solhem sells North Loop apartment for $46.25 million

New law creates economic development flexibility for Ramsey County

Cortland Mill District hits market in downtown Minneapolis

Wayzata Woods apartments sold for $16.25 million

June 6 is deadline for Minnesota property forfeiture surplus claims

Brooklyn Park warehouse sells for $23.5 million

Housing market shifts as sellers outnumber prospective homebuyers

A warehouse at 9000 109th Ave. N. in Champlin

Champlin warehouse sold for $29M

A nearly 30-year-old warehouse in Champlin has sold for about $11 million more than the property fet[...]

Closeup hand of g contract document with pen, sealing business deal with signature.

Navigating the shifting Twin Cities office leasing market

Downtown Minneapolis struggles while West End and North Loop thrive. Experts advise tenants on lease[...]

The Alliance Bank Center, at 55 E. Fifth St. in St. Paul, was previously owned by Madison Equities, which told tenants in March that they needed to move out. Since then, the property has been shuttered. (File photo: Bill Klotz)

Nonprofit acquires bank note for Alliance Bank Center

The bank note for the Alliance Bank Center in downtown St. Paul has been acquired by a local nonprof[...]

Luther Seminary plans to sell its campus at 2481 Como Ave. in St. Paul and find a new home in the Twin Cities. Seventy percent of the school’s students primarily engage online from across the U.S. (Submitted photo: Luther Seminary)

Luther Seminary to sell St. Paul campus, find new home

Luther Seminary announced plans Tuesday to sell its longtime home in St. Paul and seek out new space[...]

The Boston Scientific campus at 10700 Bren Road W. in Minnetonka is up for sale and could be used in a variety of ways, including by a new or redeveloped. (Submitted photo: CBRE)

Boston Scientific to sell 24-acre campus in Minnetonka

Another high-profile office campus has been listed for sale, according to a listing from CBRE. [...]