Entries by bwadmin

Woodbury finally gets their Costco

It looks like Costco will finally get to add to their base of six retail stores here in the Twin Cities with a new location in Woodbury – finally!  They have been working for years on a 31 acre site in Woodbury near I494 and Tamarack Road.  Costco has submitted plans for a 165,000 sf […]

Yup – another restaurant closes

Don Pablo is the latest restaurant here in the Twin Cities to announce the closing of their Richfield location at the CSM – Shoppes at Lyndale.   This leaves the owners – Food Management Partners – with only the Eden Prairie location remaining here in Minnesota, and it’s fate is probably uncertain too.    At one point, […]

Breaking News: Ruby Tuesday closes at least seven Minnesota restaurants

Over the last few days, 8 of the 12 Minnesota Ruby Tuesday restaurants have closed, as has 1 of the 2 Fargo stores.  The remaining stores are in Inver Grove, Shakopee, Rosedale and Southdale. As the Site Selection Broker for 9 of the 12 Ruby Tuesday restaurants in Minnesota, I find it interesting that high profile properties […]

More restaurants going dark

Lots of restaurants closing this summer here in the Twin Cities, and rumors are flying around about more coming: Salt Celler closed in St. Paul on July 30.   Owners say they are going to renovate and reopen with a new concept under the same name. Café Levain has closed in Minneapolis on Chicago Avenue. Trattoria […]

More Fresh Thyme news

On August 1st, just days prior to Fresh Thyme opening with great anticipation, Vadnais Square in Vadnais Heights sold to Dakota Upreit for $20.6 million or $166 psf.  The 124,000 sf shopping center is anchored by Fresh Thyme and shadow anchored by Target.  Additional key tenants in the 100% occupied center include Xperience Fitness, Famous […]

Fresh Thyme doubles number of stores in Minnesota

With the opening last week of two more stores, Fresh Thyme has four locations and more coming.  The Savage store opened in 30,000 sf of the former Rainbow store, with the Vadnais Heights store of the same size going into the former Festival Foods store.  By all accounts, they opened with lots of buzz and great sales. […]

Another vacant Rainbow to be redeveloped.

This one is the 70,000 sf empty box on Lake Street, east of Hiawatha.   Wellington Management has purchased this property and has plans to re-lease the space, and even potentially adding new retail space and apartments to the site.    Purchase price was reported as $5.35m per Finance & Commerce, with Wellington purchasing the property from […]

At Home in Minnesota

At Home, a home décor superstore, recently made their debut into the Twin Cities with their first location in Burnsville and now they have a store open in Blaine.  At Home was founded as Garden Ridge Pottery in 1979 until the company went through a brand transformation to “At Home” in 2014.  At Home is […]