@BusinessMN

Daily #Minnesota business news that covers real estate, construction and more 🏢

 Minneapolis, MN
finance-commerce.com/
Joined August 2008
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5.1KMedia
RMS Co. will invest $11 million in a Coon Rapids expansion, adding 20,000 square feet and at least 75 jobs with $1.4 million in state aid. bit.ly/4zPqiJJ
RMS Co. plans $11M expansion in Coon Rapids, adding 75 jobs

ALT RMS Co. plans $11M expansion in Coon Rapids, adding 75 jobs

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Trump’s red diesel order aims to cut farm fuel costs, but Midwest farmers say limited savings and state penalties reduce its value. bit.ly/3UbO2sm
Trump diesel order draws skepticism from farmers

ALT Trump diesel order draws skepticism from farmers

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Minnesota builders are suing to overturn portions of the 2024 omnibus law, alleging violations of the single-subject rule. bit.ly/4yEmx8Z
Minnesota builders groups challenge state law changes to energy, worker rules

ALT Minnesota builders groups challenge state law changes to energy, worker rules

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Twin Cities commercial listings include two Blaine retail outlots and two Minneapolis restaurant or mixed-use properties priced at $965,000 and $1.295 million. bit.ly/4smXKov
On the Market: Blaine retail lots and Minneapolis restaurants

ALT On the Market: Blaine retail lots and Minneapolis restaurants

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Scannell Properties advances a 234,360-square-foot Minneapolis distribution center that could employ 400 workers, with construction targeted for May 2027. bit.ly/4z4sGwb
Scannell plan for distribution center advances at U-of-M-owned site

ALT Scannell plan for distribution center advances at U-of-M-owned site

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Honorees announced for our ICON Awards! See More: bit.ly/4yALl1y
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Wisconsin Rapids denied PNK Group's data center permit application and imposed a 12-month moratorium on future data center developments. bit.ly/4ss23yQ
Wisconsin Rapids rejects PNK Group data center proposal

ALT Wisconsin Rapids rejects PNK Group data center proposal

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TKDA has opened a new Riverside, California office to better serve clients and grow its team, expanding its presence beyond Minnesota. bit.ly/4BmfUL0
TKDA opens new California office

ALT TKDA opens new California office

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MISO proposed new grid rules for large data centers across Minnesota, Wisconsin and the Midwest as AI-driven electricity demand grows. bit.ly/4z7dw9w
Power grid operator seeks new rules for data centers

ALT Power grid operator seeks new rules for data centers

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North Oaks Co. proposes 380,000 square feet of industrial space in White Bear Township, with site work potentially starting in early 2027. bit.ly/4z39UVQ
North Oaks Co. industrial project under review in White Bear Township

ALT North Oaks Co. industrial project under review in White Bear Township

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Spain expands rental restrictions with rent freezes and eviction limits, raising concerns about housing supply and investment in residential real estate. bit.ly/47Stjgx
Spain expands rental restrictions, raising concerns for investors

ALT Spain expands rental restrictions, raising concerns for investors

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The Minnesota Department of Employment and Economic Development awarded $2.5 million in grants to eight institutions for workforce training programs. bit.ly/4dV7Vuh
DEED awards $2.5 million in workforce grants

ALT DEED awards $2.5 million in workforce grants

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Morgan Stanley bought Sherman Associates' 95-unit Altair apartments in Fridley for $19.9 million, adding to Twin Cities multifamily investment activity. bit.ly/4icQsPc
Sherman Associates sells Fridley apartments for $19.9M

ALT Sherman Associates sells Fridley apartments for $19.9M

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The Minnesota housing market sees declining pending sales and rising inventory as mortgage rates hit highest levels in nearly three years, impacting affordability. finance-commerce.com/2026/10…

Rising rates hurt Minnesota housing market momentum

The Minnesota housing market sees declining pending sales and rising inventory as mortgage rates hit highest levels in nearly three years, impacting affordability.

finance-commerce.com
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U.S. housing starts and permits fell in September as mortgage rates climbed, signaling renewed weakness in residential construction. bit.ly/4zPNhEA
Mortgage rates suppress U.S. housing starts, permits

ALT Mortgage rates suppress U.S. housing starts, permits

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A judge upholds Port Washington's data center incentive ordinance, preserving voter approval requirements for major tax subsidy deals. bit.ly/3VM6wQJ
Port Washington data center vote ordinance survives challenge

ALT Port Washington data center vote ordinance survives challenge

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Dan Gilbert pledges $1 billion to a Detroit nonprofit for a $2 billion Renaissance Center redevelopment projected to create 8,000 construction jobs. bit.ly/4zPRdVU
Dan Gilbert pledges $1B to Detroit Renaissance Center revamp

ALT Dan Gilbert pledges $1B to Detroit Renaissance Center revamp

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Genger Holdings paid $10.8 million for the Kasota Distribution Center in St. Paul. Bradley Investments paid $6.85 million for a Blaine trucking terminal. bit.ly/3WilHkD
Just Sold: St. Paul warehouse sells for $10.8M

ALT Just Sold: St. Paul warehouse sells for $10.8M

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Michigan's Castle Rock tourist attraction is listed for $2.7 million, including 64.5 acres and a business drawing 75,000 visitors yearly. bit.ly/3VNAx2z
Michigan's Castle Rock tourist attraction listed for $2.7M

ALT Michigan's Castle Rock tourist attraction listed for $2.7M

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Gellert Global Group is suing to block 50% U.S. tariffs on Canadian imports, challenging Trump’s use of a rarely invoked 1930 trade law. bit.ly/4BjPmtE
Food importer sues Trump administration over Canada tariffs

ALT Food importer sues Trump administration over Canada tariffs

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