Recent News

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 of Interstate 25 and East Dry Creek Road in Centennial.

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.

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 Gourmet Burgers.

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 and diversify investment activity in Denver, as well as potential surrounding markets.

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.

One of Minnesota’s largest nonprofits, Be The Match®, will break ground on a new and expanded headquarters in Minneapolis’ North Loop Neighborhood. The ceremony will take place at 10 a.m. on Tuesday, July 8.

MINNEAPOLIS (June 10, 2014) – United Properties has added nine new tenants to its Loose-Wiles Building since the beginning of 2014, bringing the building to 90 percent leased. MarketingLab and Ovative/group are the two largest of the new leases, at approximately 10,000 sq. ft. each.

DENVER (May 27, 2014) – United Properties, a developer and investor with offices in Denver, has hired Courtney Colbert as an investment/development associate. In this new role, Colbert will support the Denver team in all aspects of project development, including due diligence, financial analysis, entitlement processing and project/construction management. She also will support the United Properties asset management team in Colorado.

WHAT: United Properties and Jerry’s Enterprises, Inc. will break ground on Bielenberg Gardens, a retail development at Radio Drive and Bailey Road in Woodbury, Minnesota. Bielenberg Gardens will be anchored by a 65,000-sq.-ft. to-be-announced food store and a 6,200-sq.-ft. liquor store operated by Jerry’s Enterprises, Inc. along with a 12,300-sq.-ft. multi-tenant retail building and 10 additional retail outlots.