|
MEMBER
<br />TO
<br />MEMBER
<br />TOWLE REAL ESTATE NEWS
<br />William S. Roiling, president of the Towle Real Est ate Co m p olvl •
<br />has announced the merger of Towle's Property manages
<br />sion with the Bachmeier Corporation, a Twin Cities Property
<br />ment firm specializing in office /warehouse management. ill remain as
<br />DRAPER AND KRAMER PROVIDES Don B president of Bach Meier Corporation,
<br />e consultant and leasing agent for ergeri Towle Tow e a app i
<br />FINANCING FOR SHAKOPEE' SHOPS,,. warehouse section. As pan of the mer
<br />AND FOR NICOLLET CLINIC properly managers for som ic includ pr op e rt i es
<br />Airp I rk Square in Duluth, Ed
<br />The Shakopee Shops Shopping Center in Shakopee, Minnesota is Insurance Companies,
<br />Square and Valley Square in Eden Prairie, International Square n
<br />e broker for the owner, S Golden Valley, and The Marquette Building in Minneapolis.
<br />turns: .tlV undergoing an expansion and remodeling program. Draper
<br />and r:ramer, Inc. acted as mortgag
<br />Realty, and arranged Placement of $600,000 in tax - exempt funds to In other news, vice president Jerry Buechler announced that Towle on and Robert P ,
<br />complete the program. The 30,000 square toot shopping center will - hhe, arrange fora $1 6 in he Ridgedale Shopping CenterrfIn Minn
<br />have a much larger Red Owl Store, a drug store and a hardware store.
<br />900,000 Bank of Minneapolis, and developers are Jon Nels
<br />In addition, Draper and Kramer, Inc., acting as mortgage loan tonnes - tonka. Lender for the three - building project , the First Nations ffice rental project, with
<br />pondent for Aetna Life and Casualty, recently provided a $1, for potential condominium c onversion. Resembling as an
<br />loan to the Nicoilat Clinic located at 2001 Blaisdell Avenue in Minne- Jr, The bui ldings ty for whc fi dva'lable and which give the project a
<br />apolis, Minnesota. The Nitotl Clinic consists of 42,000 square feet the flexibility wet bars, windows which open,
<br />of medical space for a consortium of physicians providing diverse townhouses, opening
<br />vaulted ceilings with exposed beams, and
<br />medical care for a wide variety of pat sliding patio doors
<br />ients throughout the Minna- homel al utios or balconf (Architect for t project was Harold M.
<br />apolis area. he
<br />CRAMER•WEIR � Pierce of Pier" Associates In Brooklyn Center. The project 15 SC e
<br />- � k .i:"'P duled for completion in the Spring of 1962. beg un on one of the
<br />APPOINTS *I z rx v? rt Towle also announces construction has recently
<br />first earth - sheltered office /industrial facilities in Minnesota. The
<br />structure ' Holaday Ci Inc, as that l urm's corporate headquarters.• Thi
<br />is one of the first projects to a fi nanced , live p riv to f Toirom
<br />Jerry Buechler explains,
<br />innovation preferring to finance buildings that they perceive of as
<br />tried and true. But as the demand for aye discovering earth sheltered
<br />ef work spaces has increased, durability
<br />and ( low- ost heating, cooling and maintenance, s i m p l icity, the demands and, because of they are excellent In-
<br />vestments." Sennett
<br />BRW Architects, line. (formerly Myers and Bennett Architects) of
<br />Minneapolis are architects on the project.
<br />16 DeL AMBERT e
<br />R . de Lambert has
<br />a pp leasing rep - ^r-'
<br />resentative for the Cor- r �,
<br />porate Real Estate Services
<br />Division of Cramer -Weir ,f
<br />Company. Inc., according
<br />to David Weir of the
<br />Minneapolis -based corpor-
<br />ate real estate builder and tl -:'•�, _
<br />developer. With prior experience in
<br />corporate real estate fi- :.:
<br />nonce, m
<br />del-ambert coesto
<br />Cramer -Weir from the real
<br />estate department of Go' Scott R. deLambert
<br />neral Mills, Inc.
<br />A native of St. Paul, del-ambett is a graduate of Arizona State Univer-
<br />sity where he earned his B.S. degree in Business with a major in Real
<br />Estate. He is a member of NAIOP and currently makes his home In
<br />MinnesPO85
<br />LINCOLN PROPERTIES RELATES NEWS ITEMS
<br />DuFresrr, president of Lincoln Properties, Inc., announced
<br />0 ppointment of that firm in leasing agents for the Leighton Build
<br />1 10th Street and 2nd Avenue in downtown Minneapolis. The
<br />60 square tot building is being renovated for office and retail
<br />occupancy.
<br />The first General Foods Meriwirthe /s Restaurant is under construc-
<br />tion in the Earle Brown Farm area of Brooklyn Center. Lincoln
<br />Propertes Is Geeral Foods (
<br />n opening the a nneapolls -St. Paul p market for Its res-
<br />taurant chain.
<br />In addition, Lincoln Properties has completed renovation and leasing
<br />of their office building at 7325 Wayzata Boulevard in St. Louis Park.
<br />CONSTRUCTION STARTS ON
<br />SHELARD'S NEW PLAZA WEST
<br />Shelard Companies announces they have begun construction of e
<br />10 story 200000 square foot multi- tenant office building at the
<br />Intersection of Highway 12 and County Road 1 8 . his la est nealy
<br />ore mi llion square feet Shelard brings t ° making Shelard the largest suburban high -rise
<br />office complex in the Twin Cities area. The new building is locat
<br />just t the complex Y a sk �y She it and will be connected to
<br />the fast
<br />FABCON APPOINTS SHANAHAN
<br />David W. Hanson, President of Fabcon. Inc, recently announced the
<br />S hannaahan • Is an 8tyear� veteran wthnFabcont o and makes his home In
<br />Burnsville with his wife an d two children.
<br />RyAN ANNOUNCES GROUNDBREAKING
<br />ON NEW BROOKDALE CORPORATE CENTER
<br />It took time and teamwork between various city departments and
<br />business firms, and on May 27 ground was broken for the first phase
<br />of the multi - million dollar Brookdale Corporate Center complex at
<br />6300 two- Shingle Creek Pa rkway Broo the ceremony s were (from left
<br />two -blade shovel, participant, Clint
<br />right) James Ryan, president of Ryan Con CO. B r i � Kohl
<br />Carbon of N hwestern National Life Insurara nce Co.. Mayor Dean
<br />from the Brooklyn Center Chamber of Commerce Dick Grone of
<br />N`quist, Planning Commissioner Lowell Aines
<br />Ca-
<br />Groundbreaking ceremonies for Brookdale Corporate Center
<br />According to James Ryan, site preparation on 5"cr�es i squnde foot
<br />for Phase I, which will consist of a 6 -rtory.
<br />b u il ding. The
<br />and is comp c ompletion o l by the red of 198H voodoo
<br />
|