Spec takes hold in industrial market
After enduring some tough years since the Great Recession, developers are once again chasing speculative industrial projects with no committed tenants.
View ArticleHyde closes on 122-acre Fridley site
Minneapolis-based Hyde Development is preparing to tackle the redevelopment of a Fridley industrial site that’s as large as the former Ford plant site in St. Paul.
View ArticleReport: Twin Cities primed for construction
According to the latest Compass report from Cushman & Wakefield/NorthMarq, leasing activity was strong in the Minneapolis-St. Paul area during the first six months of the year, with vacancy across...
View ArticleHyde Development invests in North Loop
Hyde Development has closed on a $2.875 million purchase of the Hennepin Steam Building, at 116-120 First Ave. N.
View ArticleHyde ready to build in Fridley
Developer Paul Hyde will break ground this spring on the first of several buildings planned for the 122-acre River Road Industrial Center, taking the first step in his redevelopment of the massive...
View ArticleNAIOP Minnesota honors top local projects
The NAIOP Minnesota commercial real estate group recognized 11 of the year’s best projects during its Awards of Excellence ceremony Thursday.
View ArticleCummins pays $18.7M for Fridley warehouse
Cummins closed Dec. 2 on the 406,164-square-foot warehouse at 7033 Central Ave. NE in Fridley.
View ArticleBAE to stay in Fridley
BAE Systems has agreed to stay in a commercial redevelopment in Fridley long-term, with plans now shifting from demolition to renovation of one of the area’s largest buildings.
View ArticleHyde outlines next steps after BAE building’s sale
The price for the BAE Systems building is more than three times the amount partners Hyde Development and M.A. Mortenson Co. paid two years ago for the 122-acre site that houses the property.
View ArticleHyde industrial sale lures new investors
Hyde Development’s sale of two Brooklyn Center industrial buildings last week introduced the company to a potential future repeat buyer and put more cash toward Hyde’s out-of-state development work....
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