By Ronn Thomas and Tim Storey The Twin Cities has always been a strong hotel market, with a tradition of top operators locating here and developers building here. It may be a surprise to some, then, that the market is about to welcome its first five-star hotel. The first flag to break our five-star bubble […]
http://midwesthotelsales2.teamsitesdata.com/wp-content/uploads/2018/07/CW_Logo_Color_340x156.png00Cindy.Hoeschenhttp://midwesthotelsales2.teamsitesdata.com/wp-content/uploads/2018/07/CW_Logo_Color_340x156.pngCindy.Hoeschen2019-09-17 19:24:082019-09-27 15:03:31Five Star hotels coming to Minneapolis – what does that mean for the market?
Aimbridge Hospitality and Interstate Hotels & Resorts have entered into an agreement to merge, creating what will be the largest third-party hotel management company in the world with 1,400 branded and independent properties in 49 states and 20 countries. Click here to view the recent article featured in Hotel News.
http://midwesthotelsales2.teamsitesdata.com/wp-content/uploads/2018/07/CW_Logo_Color_340x156.png00Cindy.Hoeschenhttp://midwesthotelsales2.teamsitesdata.com/wp-content/uploads/2018/07/CW_Logo_Color_340x156.pngCindy.Hoeschen2019-08-29 16:12:282019-09-02 16:21:20Aimbridge Hospitality and Interstate Hotels to Merge
The Cushman & Wakefield team of Ronn Thomas and Tim Storey represented seller Eagan Hospitality LLC in the sale of the 80-room Microtel Inn & Suites by Wyndham at 3000 Denmark Avenue in Eagan. Thomas and Storey listed the property, which is located conveniently off I-35E and only five minutes from the Minneapolis-St. Paul International […]
http://midwesthotelsales.com/wp-content/uploads/2019/08/Microtel_Inn_Suites.jpg300400Cindy.Hoeschenhttp://midwesthotelsales2.teamsitesdata.com/wp-content/uploads/2018/07/CW_Logo_Color_340x156.pngCindy.Hoeschen2019-08-28 17:55:412019-08-28 17:58:16Cushman & Wakefield Arranges Sale of Eagan Microtel
Bloomington-based Nath Cos. has an aggressive 10-year vision to have 5,000 hotel rooms and 5,000 apartment units. These asset classes are based on the ease of managing hotels and the theory with apartments that everyone needs a roof over their heads. Click here to view a recent article featured in the Minneapolis-St. Paul Business Journal […]
The Rand Tower, an art deco office building in downtown Minneapolis, will be converted into a Tribute by Marriott hotel, the first for that brand in Minnesota. The project is scheduled for completion in December 2020. Click here to read the full article featured in the Star Tribune.
http://midwesthotelsales2.teamsitesdata.com/wp-content/uploads/2018/07/CW_Logo_Color_340x156.png00Cindy.Hoeschenhttp://midwesthotelsales2.teamsitesdata.com/wp-content/uploads/2018/07/CW_Logo_Color_340x156.pngCindy.Hoeschen2019-07-18 02:32:312019-07-18 02:34:52Rand Tower Being Converted to Boutique Hotel
Bobby Atkinson, who was active in Twin Cities real estate until shifting gears to launch a TV network a dozen years ago, has returned to the industry and purchased 123 acres of land and the Oak Ridge Conference Center in Chaska from Ameriprise Financial. Click here to read the full article featured in the Minneapolis/St. […]
http://midwesthotelsales2.teamsitesdata.com/wp-content/uploads/2018/07/CW_Logo_Color_340x156.png00Cindy.Hoeschenhttp://midwesthotelsales2.teamsitesdata.com/wp-content/uploads/2018/07/CW_Logo_Color_340x156.pngCindy.Hoeschen2019-07-12 02:34:572019-07-18 02:47:10Ameriprise Sells Chaska Hotel and Event Center
Redevelopment of the former Pentagon Office Park in Edina is underway. The $150 million project will feature 12,000 square feet of retail, two hotels, a parking ramp and a speculative office building. Click here for the recent article featured in the Minneapolis/St. Paul Business Journal.
Kraus-Anderson Construction has finished construction on Ironclad, a $100 million mixed-use development project at Chicago and Washington Avenues in the historic Mills District near U.S. Bank Stadium in downtown Minneapolis. Owned and developed by Kharabunda Management, the 418,864-square-foot project adds new housing, hospitality and retail to the East Town district and the Downtown East Neighborhood. […]
http://midwesthotelsales2.teamsitesdata.com/wp-content/uploads/2018/07/CW_Logo_Color_340x156.png00Cindy.Hoeschenhttp://midwesthotelsales2.teamsitesdata.com/wp-content/uploads/2018/07/CW_Logo_Color_340x156.pngCindy.Hoeschen2019-07-02 02:47:152019-07-18 02:51:34Kraus-Anderson Completes Mixed-Use Development in Minneapolis
Five Star hotels coming to Minneapolis – what does that mean for the market?
/in News /by Cindy.HoeschenBy Ronn Thomas and Tim Storey The Twin Cities has always been a strong hotel market, with a tradition of top operators locating here and developers building here. It may be a surprise to some, then, that the market is about to welcome its first five-star hotel. The first flag to break our five-star bubble […]
Aimbridge Hospitality and Interstate Hotels to Merge
/in News /by Cindy.HoeschenAimbridge Hospitality and Interstate Hotels & Resorts have entered into an agreement to merge, creating what will be the largest third-party hotel management company in the world with 1,400 branded and independent properties in 49 states and 20 countries. Click here to view the recent article featured in Hotel News.
Cushman & Wakefield Arranges Sale of Eagan Microtel
/in News /by Cindy.HoeschenThe Cushman & Wakefield team of Ronn Thomas and Tim Storey represented seller Eagan Hospitality LLC in the sale of the 80-room Microtel Inn & Suites by Wyndham at 3000 Denmark Avenue in Eagan. Thomas and Storey listed the property, which is located conveniently off I-35E and only five minutes from the Minneapolis-St. Paul International […]
Nath Cos. Banking on Hotels & Apartments
/in News /by Cindy.HoeschenBloomington-based Nath Cos. has an aggressive 10-year vision to have 5,000 hotel rooms and 5,000 apartment units. These asset classes are based on the ease of managing hotels and the theory with apartments that everyone needs a roof over their heads. Click here to view a recent article featured in the Minneapolis-St. Paul Business Journal […]
Rand Tower Being Converted to Boutique Hotel
/in News /by Cindy.HoeschenThe Rand Tower, an art deco office building in downtown Minneapolis, will be converted into a Tribute by Marriott hotel, the first for that brand in Minnesota. The project is scheduled for completion in December 2020. Click here to read the full article featured in the Star Tribune.
Ameriprise Sells Chaska Hotel and Event Center
/in News /by Cindy.HoeschenBobby Atkinson, who was active in Twin Cities real estate until shifting gears to launch a TV network a dozen years ago, has returned to the industry and purchased 123 acres of land and the Oak Ridge Conference Center in Chaska from Ameriprise Financial. Click here to read the full article featured in the Minneapolis/St. […]
Pentagon Park Redevelopment Underway
/in News /by Cindy.HoeschenRedevelopment of the former Pentagon Office Park in Edina is underway. The $150 million project will feature 12,000 square feet of retail, two hotels, a parking ramp and a speculative office building. Click here for the recent article featured in the Minneapolis/St. Paul Business Journal.
Kraus-Anderson Completes Mixed-Use Development in Minneapolis
/in News /by Cindy.HoeschenKraus-Anderson Construction has finished construction on Ironclad, a $100 million mixed-use development project at Chicago and Washington Avenues in the historic Mills District near U.S. Bank Stadium in downtown Minneapolis. Owned and developed by Kharabunda Management, the 418,864-square-foot project adds new housing, hospitality and retail to the East Town district and the Downtown East Neighborhood. […]