@CAndersonMN

I would be nowhere without coffee / CRE senior reporter @mspbjnews / past: @startribune @pioneerpress @edinasuncurrent @mndailynews @cijournalism / @umn_hsjmc

 Minneapolis, MN
caitlin-anderson.com
Joined February 2018
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Scoop: Lender moves to take over Capella Tower in downtown Minneapolis bizjournals.com/twincities/n…

Lender MetLife moves to take over Capella Tower

A lender of Capella Tower in downtown Minneapolis recently put out requests for proposals to brokerage firms to take on the 58-story tower's leasing and management.

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NEW: Marcus Hotels & Resorts, Hempel Real Estate and Robinson Park plan to jointly acquire the Loews Minneapolis Hotel. bizjournals.com/twincities/n…

Marcus, Hempel, Robinson Park to buy Loews Minneapolis Hotel by Target Center

Marcus Hotels & Resorts, which is tied to Marcus Theatres, plans to manage the hotel upon the deal's closing. The downtown Minneapolis hotel will also be rebranded.

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NEW: Optum, a subsidiary of UnitedHealth Group, will dump its 470,000-square-foot office campus lease in Eden Prairie by the end of this year bizjournals.com/twincities/n…

Optum will move out of its Eden Prairie office campus near headquarters by end of the year

Optum, a subsidiary of UnitedHealth Group, will move out of its massive Eden Prairie campus near its headquarters, dumping a 470,000-square-foot lease in an already struggling office market.

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Unisys plans to leave its 32-acre Eagan campus bizjournals.com/twincities/n…

Unisys plans to leave its 32-acre Eagan campus

Unisys owns the site, located at 3199 Pilot Knob Road, according to Dakota County property records.

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The trend continues… Another proposal for an office-to-residential conversion in downtown Minneapolis — this time for affordable housing bizjournals.com/twincities/n…

Alliance Housing looks to convert downtown Minneapolis office into affordable rentals

A local nonprofit is proposing to convert an office building in downtown Minneapolis into 59 units of affordable housing.

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A plan to redevelop the former HQ of Blue Cross Blue Shield of MN got a lukewarm response from the Eagan City Council this week bizjournals.com/twincities/n…

Proposal for Blue Cross Blue Shield site gets lukewarm response from Eagan City Council

A plan to transform the former Blue Cross Blue Shield of Minnesota headquarters into a new headquarters and distribution center for Johnson Brothers Liquor Co. received a lukewarm reception by the...

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More background on that plan can be found here: bizjournals.com/twincities/n…

Johnson Brothers Liquor plans warehouse at former Blue Cross Blue Shield of Minnesota HQ in Eagan

A local wine and spirits distributor is proposing to redevelop the former Eagan headquarters of Blue Cross Blue Shield of Minnesota with a 460,000-square-foot warehouse facility and other uses.

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SCOOP: NetSPI is moving to a new headquarters in North Loop's Steelman Exchange, taking over part of the space put up for sublease by Calabrio bizjournals.com/twincities/n…

NetSPI moving to new North Loop HQ, takes over part of Calabrio sublease

Minneapolis-based NetSPI is planning to move to a new North Loop headquarters, taking over half of the sublease space put on the market by Calabrio Inc. late last year.

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NEW: LaSalle Plaza, the distressed 30-story office building in downtown Minneapolis, has been bought by Hempel Real Estate bizjournals.com/twincities/n…

Hempel buys LaSalle Plaza in downtown Minneapolis

Hempel Real Estate has purchased the distressed 30-story LaSalle Plaza in downtown Minneapolis. It plans to make additional improvements, including indoor pickleball courts and a pair of Cadillac...

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Landing the 2027 Expo could have brought 7 million visitors to the state and triggered a a surge in development around the Mall of America. But the U.S. bid fell short on the world stage, with an international panel selecting Serbia for the Expo instead. bizjournals.com/twincities/n…

Minnesota loses 2027 Expo to Serbia

Landing the 2027 Expo could have brought 7 million visitors to the state and triggered a a surge in development around the Mall of America. But the U.S. bid fell short on the world stage.

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An update: I’ve recently taken over #CRE coverage for @MSPBJnews! I’m super excited to take on this important & fun beat. Note: I’m also keeping residential RE, meaning I’m now essentially covering all things real estate! 🤩 News tips? Email me at [email protected] 🌟
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The first Four Seasons condo to be up for sale by an individual owner (& not the developers of the condo/hotel) is on the market for $6.5M bizjournals.com/twincities/n…

First Four Seasons condo resale is on the market for $6.5 million (gallery)

The first Four Seasons condominium being sold by an individual owner — rather than the developers of the condo and hotel tower — is on the market for $6.5 million.

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NEW: The Old Republic Title Building in downtown Minneapolis has sold to a new owner, who plans to convert the office building to apartments bizjournals.com/twincities/n…

Investor buys downtown Minneapolis' Old Republic Title Building to convert to 140 apartments

A local real estate investor has plans to convert the Old Republic Title Building in downtown Minneapolis into up to 140 apartments.

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Mayo has identified a number of proposed redevelopment sites in an expansion plan for downtown Rochester bizjournals.com/twincities/n…

Mayo Clinic unveils multi-year expansion plan in Rochester

Mayo Clinic unveiled Monday its multi-year expansion plan in Rochester, focused on transforming its downtown campus.

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A local businessman has purchased historic Leech Lake resort Chase on the Lake as part of a $5.7 million deal bizjournals.com/twincities/n…

Historic resort on Leech Lake sells as part of $5.7 million deal

The resort offers 70 hotel rooms, 43 condos, the lakeside 502 Restaurant, a marina, event center and several other amenities. It spans more than 90,000 square feet.

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An app developed at agribusiness giant @Cargill that looks to reduce food waste will debut at @sxsw this weekend bizjournals.com/twincities/n…

Cargill app Reskued aims to cut food waste, will debut at SXSW

Reskued, an app developed in Cargill's digital lab, provides a marketplace for food distributors to help keep unused food out of landfills. The app will debut at the South by Southwest conference...

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Minnesota companies seem to have fared well amid a global slowdown in venture capital funding. See the list of Minnesota's top funding deals in 2022: bizjournals.com/twincities/i…

Arctic Wolf, HistoSonics led Minnesota's biggest funding deals in 2022

Minnesota companies appear to have bucked the trend of a global slowdown in venture capital funding.

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EXCLUSIVE: The first condos part of the Four Seasons Private Residences in downtown Minneapolis have sold (above $2M) while move-ins began just last week bizjournals.com/twincities/n…

First Four Seasons Private Residences in downtown Minneapolis sell above $2M, move-ins begin

Prices of the units start at $1.9 million for a one-bedroom condo, and a recent electronic certificates of sale from the Minnesota Department of Revenue show two condo purchases at around $2.1...

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Minneapolis-based sports-betting startup @BettorEdge is seeing a surge of interest for its business, expecting to reach $50 million in orders, or proposed bets, in 2022 alone this month bizjournals.com/twincities/i…

BettorEdge sports betting platform wagers greater growth, anticipating $50M in activity this year

Since being named one of Minne Inno’s Startups to Watch last year, Minneapolis-based social sports-betting platform BettorEdge has continued to gain traction.

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It’s official! Check out my meet the reporter Q&A:
Minneapolis/St.Paul Business Journal
@MSPBJnews8 Aug 2022
Meet Caitlin Anderson, our new reporter covering technology, startups, residential real estate and health care. bizjournals.com/twincities/n…

Meet Caitlin Anderson, our new tech, health care and homes reporter

Reporter Caitlin Anderson joined the Minneapolis/St. Paul Business Journal last week to cover technology, startups, residential real estate and health care.

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