Jeff Majkrzak of Source Land Capital LLC purchased the Lakeview Golf Course at 405 N. Arm Dr. in Mound, MN from Grant Wenkstern for $4.1 million. The buyer has plans to redevelop the land into high-end single-family residential homes on the site. The 141-acre golf course was built in 1955 in the Hennepin County outlying […]

The Ackerberg Group acquired Calhoun Square at 3001 and 3045 Hennepin Ave. in Minneapolis, MN from BlackRock, Inc. for $69.5 million, or about $392 per square foot. Calhoun Square is a well-known shopping center in Hennepin County. The complex totals 177,251 square feet. Multiple tenants like LA Fitness and H&M currently occupy space there. Miles […]

U.S. homebuilder Lennar Corporation acquired 70.12 acres at 19120 Dodd Blvd. in Lakeville, MN from Shamrock Development, Inc. for $4.22 million, or about $60,000 per acre. The residential land tract is lcoated in the Dakota County Outlying submarket of Minneapolis/St. Paul. The site has been approved for 144 single-family homes, though construction is not expected […]

It’s time to update those contact managers with CoStar’s People of Note, reporting news on significant new CRE hires and promotions. This week’s issue includes the following markets: Houston, San Francisco, Baltimore, Salt Lake City, Indianapolis, Phoenix, New York City, Detroit, Chicago, and Los Angeles. HOUSTON CBRE Group Taps Mullen for Newly Created Position By […]

A private investor acquired the Tile Shop building at 14000 N. Carlson Pky in Minneapolis, MN from Carlson Holdings, Inc. for $3.34 million, or about $109 per square foot. The single-story, 30,500-square-foot, freestanding retail building was built in 1995 on 3.4 acres in the Ridgedale submarket, part of Carlson Center in Hennepin County. The asset […]