Constance Moore, chief executive officer of apartment owner BRE Properties Inc., remembers it was almost all men in the office when she started with the company after graduating from college in 1977.
Women gain ground in real estate industry
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Moneygram Tower part of $80.7M sale
The New York-based Blackstone Group has sold the MoneyGram Tower and the 1600 Tower in St. Louis Park near the intersection of Interstate 394 and Highway 100.
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What drew Sam Zell to Bloomington?
When executives with Equity Group Investments started to weigh the potential acquisition of Normandale Lake Office Park in Bloomington last year, they found that the Minneapolis-St. Paul area ranked in the top nine among the 25 largest metros in job creation.
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National buyers shop for office properties
The Twin Cities area is once again attracting big name investors that are scouting the local market for office properties to add to portfolios.
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Zell sells as Washington faces apartment glut
Washington is poised to be one of the only major U.S. cities with a decline in apartment rents this year after a surge in construction outpaced job growth, leaving the nation’s capital with a glut of properties.
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Sam Zell: Real estate market only in ‘OK shape’
All that talk about the economy getting better and fortunes for commercial real estate improving? Real estate dealmaker and industry legend Sam Zell isn’t particularly impressed.
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Riverview Office Tower sells for $29M
In another sign of out-of-state interest in the Twin Cities office market, PWA Real Estate closed Sept. 26 on the purchase of the 235,000-square-foot office tower in Bloomington.
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Zell expects REIT consolidation in next 20 years
Billionaire investor Sam Zell said there are too many of the publicly traded property companies in the market.
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Normandale sale comes in at $369 million
The sale is a new record high amount paid for an office property in the Minneapolis-St. Paul area.
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Billionaire Zell pledges $60M to University of Michigan
The pledge to the Samuel Zell & Robert Lurie Institute for Entrepreneurial Studies includes a $10 million fund that will invest in student business ventures.
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