News

The Excelsior Group brings Allina Health System to Coon Rapids medical office building

2020-05-29T21:11:50+00:00May 29th, 2020|

OP4 Coon Rapids, LLC in late March signed three 10-year leases with Allina Health System at its Mercy Medical Office building in Coon Rapids, Minnesota, for about 40,000 square feet of space.

Excelsior Group manages the building, which is located on […]

West End windfall: Office sale delivers massive profit for investors

2020-02-04T17:14:11+00:00February 4th, 2020|

The Excelsior Group and Goldman Sachs made close to $50 million profit by selling the West End Office Park on Friday.

The St. Louis Park complex sold to Atlanta-based Bridge Investment Group for $130.8 million, according to a certificate of real […]

Co-Developers Launch Build in Twin Cities’ I-394 Submarket

2019-11-01T18:43:25+00:00November 1st, 2019|

Ryan Companies and The Excelsior Group launched construction on 10 West End, a 343,000-square-foot, Class A speculative office building in St. Louis Park, MN. The project is going vertical four miles west of downtown Minneapolis, at the intersection of Highway […]

Groundbreaking Next Week for 11-Story Office Complex in St. Louis Park’s West End

2019-10-07T19:33:27+00:00October 7th, 2019|

Ryan Cos. and the Excelsior Group plan to break ground next week on the 10 West End office building in St. Louis Park.

Three years after developers first proposed the project, they will break ground next week on their 10 West […]

Kim Culp Inducted into Minnesota Real Estate Hall of Fame

2019-09-17T17:16:19+00:00September 17th, 2019|

The Minneapolis/St. Paul Business Journal announced that Kim Culp will be inducted into the Minnesota Real Estate Hall of Fame. This honor is given to Minnesotans who have demonstrated outstanding business performance coupled with high ethical standards. Honorees are responsible […]

Building Blocks: Rafter Tower Embraces Neighborhood Vibe

2019-08-19T21:09:47+00:00August 19th, 2019|

Address:333 Hennepin Ave. E., Minneapolis

Web addresshttps://www.raftermpls.com/

Size: 26 stories, 283 apartments

Architect:Cuningham Group

General contractor: M.A. Mortenson Co.

Owner/developer: M.A. Mortenson Co. and The Excelsior Group

Property description:  Named in honor of a group, or “rafter,” of wild turkeys […]

Mike Nordstrom Joins The Excelsior Group’s (TEG) Real Estate Advisory Business

2019-07-30T16:29:55+00:00July 30th, 2019|

St. Louis Park-based The Excelsior Group is adding a former General Mills executive to its team.

Mike Nordstrom, who recently retired  as Vice President of global workplace solutions for the food manufacturer, is joining The Excelsior Group as Executive Vice President […]

2019 Women in Business Awards: Jennifer Gordon, The Excelsior Group

2019-05-30T16:53:36+00:00May 30th, 2019|

As President and Partner of The Excelsior Group’s (TEG) Multifamily business, Jennifer Gordon has been selected as one of Minneapolis/St. Paul Business Journal’s 2019 Women in Business.

Jennifer has established a reputation as the most admired multifamily professional in the Twin […]