UNITED PROPERTIES AND CAPITAL REAL ESTATE, INC. PURCHASE SAKS LOCATION IN DOWNTOWN MINNEAPOLIS

Leased signed for 37,000 sq. ft. Walgreens upscale store MINNEAPOLIS (Dec. 12, 2014) – United Properties, in a joint venture with Capital Real Estate, Inc., has acquired the first two floors of 655 Nicollet Mall in downtown Minneapolis, the building currently occupied by Saks, and signed a lease with Walgreens to anchor the project. At Read more…

UNITED PROPERTIES TO DEVELOP 240,000-SQ.-FT. OFFICE BUILDING AS PART OF TARGET FIELD STATION

MINNEAPOLIS (Nov. 12, 2014) – United Properties announces its next development project in the North Loop of downtown Minneapolis: Target Field Station Center, a Class A, transit-oriented building on the remaining land parcel at Target Field Station. Adjacent to the 288-car public parking ramp, the building will consist of up to 10 stories and approximately Read more…

UNITED PROPERTIES AND PRINCIPAL REAL ESTATE INVESTORS TO DEVELOP DRY CREEK CORPORATE CENTER IN CENTENNIAL, COLORADO

Mixed-use campus will offer unique features to office tenants DENVER (October 29, 2014) – United Properties, a commercial real estate developer and investor, in a joint venture with Principal Real Estate Investors, recently acquired 58 acres of land to develop Dry Creek Corporate Center, a mixed-use office, industrial, hotel and residential campus located just east Read more…

UNITED PROPERTIES TO BEGIN DEVELOPMENT OF 320,000-SQ.-FT. SPECULATIVE INDUSTRIAL BUILDING IN MAPLE GROVE

MINNEAPOLIS (Sept. 11, 2014) – United Properties announces that it has closed on the land acquisition for Red Rock Industrial Building in Maple Grove. Located near the intersection of County Road 81 and 89th Avenue North, construction of the 320,000-sq.-ft. speculative industrial building will begin Sept. 15 and be complete by June 2015. United Properties Read more…

BRANDON CHAMPEAU PROMOTED TO VICE PRESIDENT AT UNITED PROPERTIES

MINNEAPOLIS (Sept. 2, 2014) – Brandon Champeau has been promoted to vice president at United Properties. In his expanded role, Champeau leads the company’s industrial development and investment initiatives, pursuing projects in the Twin Cities. He also works with the company’s asset management group on strategies for the properties within its investment portfolio. Champeau has Read more…

UNITED PROPERTIES SIGNS HOME2 SUITES BY HILTON, FRESH THYME FARMERS MARKET AND RED ROBIN TO PENN & AMERICAN’S SECOND PHASE

Groundbreaking set for Sept. 10 MINNEAPOLIS (Aug. 26, 2014) – Penn & American – the multi-phase, retail and residential project at the intersection of Penn Avenue and American Boulevard in Bloomington – announces leases with three tenants for the second phase of the development: Home2 Suites by Hilton, Fresh Thyme Farmers Market and Red Robin Read more…

DAVE HAGAN JOINS UNITED PROPERTIES DENVER OFFICE

DENVER (July 28, 2014) – United Properties, a developer and investor with offices in Denver, announces that Dave Hagan has joined its Colorado team. Hagan will assist in all aspects of business development and value-add business activities. He will work alongside Kevin Kelley, vice president of United Properties, to identify areas in which to expand Read more…

UNITED PROPERTIES SIGNS LEASES WITH CHARTER FITNESS AND TWO RIVERS DENTAL AT TOWNLINE SQUARE IN MUNDELEIN, ILLINOIS

MINNEAPOLIS (July 22, 2014) – United Properties announces that it has signed leases with Charter Fitness and Two Rivers Dental at Townline Square in Mundelein, Illinois. Located in north suburban Chicago, Townline Square is anchored by Jewel-Osco. United Properties acquired the 133,100-sq.-ft. grocery-anchored center in November 2013. Charter Fitness, one of the Chicago area’s largest Read more…