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Commercial market coming back? Liberty Property Trust's purchase of land in Rogers hopes so
As I speak with property managers and land owners throughout the Twin Cities, many who have been skeptical in the past are becoming a bit more optimistic about the near-term for the Twin Cities' commercial market.
The purchase of 55 acres in Rogers, MN by Liberty Property Trust hopefully lends some reality to that feeling. As Liberty's Dave Jellison says in the MSP Business Journal's Jan 28 article, "Land is still a four-letter word."
We can only hope this and many other deals will continue in 2011.
Brad
NAIOP Awards of Excellence
Congratulations to all of the 2010 NAIOP Awards of Excellence winners and the inducted 2011 Leadership! You do amazing work.
AMB Property Corp and ProLogis to merge
Big merger of equals as AMB and ProLogis join hands.
IFMA 1st Annual Awards Ceremony
MSP - IFMA undertook a incredible endeavor this year to grow it's membership awards and did a great job. Congratulations to the winners and team! Check out the January issue of the MN Real Estate Journal for the winners.
Pinnacle adds two buildings
Congrats to the Pinnacle family for adding two more buildings to its Minnesota portfolio bringing them to 6000 apartments at 30 locations.
