Community Updates

United Properties to begin construction on The Nordic mixed-use development in North Loop

Latest project is the fifth for the developer in North Loop MINNEAPOLIS (August 24, 2017) – United Properties has broken ground on The Nordic, a 385,000-sq.-ft., mixed-use development project in Minneapolis’ North Loop neighborhood. Located at 729 Washington Avenue North, the 10-story building will be home to office, residential and retail tenants by January 2019. Read more…

Watercrest Senior Living and United Properties announce joint venture for senior living project in Naples, Florida

United Properties marks first Florida senior development with luxury community  NAPLES, FLORIDA (July 19, 2017)–  Watercrest Senior Living Group, based in Vero Beach, Florida, and United Properties, with offices in Minneapolis and Denver, announce a new partnership to develop and own a 128-unit luxury senior living community on Bellaire Bay Drive in Naples, Florida. United Properties Read more…

United Properties to develop new Chanhassen mixed-use apartment project anchored by ALDI grocery store

City Council approves plans  MINNEAPOLIS (July 11, 2017)–  United Properties’ plans for Venue, a new mixed-use apartment development anchored by the grocery store ALDI, has received site plan approval from the City of Chanhassen to move forward. The Venue project was approved at last night’s city council meeting following a review and recommendation by the City’s Read more…

Arrowhead Electrical signs 250,000-sq.-ft. lease for new building at United Properties’ Blaine Preserve Business Park

Third building at business park to be completed by end of year  MINNEAPOLIS (June 20, 2017)– United Properties has broken ground on a new 250,000-sq.-ft. building at Blaine Preserve Business Park, and signed a new lease with existing tenant Arrowhead Electrical Products, Inc. to occupy it. Located at Hamline Avenue and 95th Avenue Northeast in Blaine, Read more…

Macy’s development team awards Mid-America Real Estate as the Retail Leasing firm for the redevelopment project.

 Minneapolis (MAY 31, 2017) – Mid-America Real Estate – Minnesota, LLC has been named as the retail marketing and leasing firm for the Macy’s redevelopment project on the Nicollet Mall in downtown Minneapolis. Mid-America’s Senior Vice President of Leasing, Tricia Pitchford and Vice President of Leasing, Jesseka Doherty will be the lead leasing team for the Read more…

Industry veteran Ray Oborn joins United Properties as President of Cherrywood Pointe Investment

Development firm based in Denver and Minneapolis plans major expansion of its senior housing offerings DENVER (APRIL 5, 2017) – United Properties has hired industry veteran Ray Oborn as its new president of Cherrywood Pointe Investment, responsible for expanding the firm’s Cherrywood Pointe Senior Living communities. His appointment was effective Feb. 13, 2017. In his Read more…

CBRE and United Properties announce first tenant, Swisslog, at Interpark

  CBRE and United Properties announce first tenant, Swisslog, at Interpark 228,000-square-foot Interpark shaking up the traditional industrial park with pedestrian friendly, amenity-driven environment DENVER (April 19, 2017) – CBRE Group, Inc., and United Properties announced today that healthcare automation company Swisslog is the first tenant to join United Properties’ Interpark development in northwest Denver. Read more…

United Properties’ Peter Ulstad promoted to controller

United Properties’ Peter Ulstad promoted to controller   MINNEAPOLIS (April 18, 2017) – United Properties announced today that Peter Ulstad, assistant controller, has been promoted to controller, effective March 1, 2017. In his new role, Ulstad is responsible for United Properties’ accounting functions, including preparing all financial reporting, the annual budget and strategic plan; coordinating Read more…

Creating deep roots through sponsorship

  From our inception more than 100 years ago, supporting the communities where we live and work has always been part of our value system. United Properties is proud to sponsor Allina Health Hospice Foundation’s Dragonfly Gala in support of hospice patients and their families in our community. Recently, Ron Bagnall, Executive Director of Allina Read more…