Friday, May 17, 2013
Local investor David Nelson purchased two retail buildings and a nearby gas station from a North Dakota-based company.
Hilltop Plaza, a three-building retail center at the corner of Diffley Road and Pilot Knob Road, has a new buyer. David Nelson purchased the property for an undisclosed amount from Minot, N.D.-based IRET Properties, according to a news release issued Thursday by KW Commercial Midwest. Nelson chose to purchase two retail buildings and an adjacent PDQ gas station because of its established neighborhood retail location, diverse tenant mix and the improving commercial market. Together, the retail buildings have a combined area of 19,301 square feet, with flexible tenant layouts ranging from 500 to 2,473 square feet. The property was approximately 70 percent leased at the time of purchase.
Thursday, May 9, 2013
Jensen's plans to invest as much as $900,000 into a series of internal and external renovations designed to expand parking and update the 17-year-old restaurant's ambiance.
With construction of a massive outlet mall about to begin just down the street, Jensen's Supper Club owner Doran Jensen is busy repositioning his restaurant—an Eagan destination—to draw in a new kind of consumer. "We really are going to be focused on more walk-in traffic," Jensen told the Eagan City Council on Tuesday night. "We really felt we need to get a more casual feeling, especially now with people making ... a choice for shopping." Jensen's plans to invest as much as $900,000 into a series of internal and external renovations—and the purchase of adjacent land—designed to expand parking and update the 17-year-old restaurant's ambiance. Jensen hopes the modifications will appeal to shoppers that will be drawn in to the soon-to-be-…
Tuesday, May 7, 2013
Wood, who is an avid runner, will go the extra mile to serve your business with great advertising deals.
One of Patch's goals is to make life ridiculously easy for our communities, and that includes businesses. To that end, we introduce Eric Wood, Patch's new Local Ad Manager for Patch's sites in Apple-Valley/Rosemount, Burnsville, Eagan, Lakeville, Northfield, Richfield, and Southwest Minneapolis. Eric comes armed with ridiculously cost-effective advertising deals that should fit most any budget. To introduce you to Eric, we asked him to share some interesting facts about himself: Home: Long time resident of Southwest Minneapolis. Home state: Iowa. He "still bleeds Black and Gold). Career: Close to 10 years in local media and advertising sales. Previously worked the south metro for the Star Tribune and sold advertising for Minnesota …
Thursday, April 25, 2013
Fill out our form and we will run a profile on Patch so residents can learn more about you and the business where you work.
If you are an employee of a local small business, Patch wants to learn more about you. We want to know more about the people who work in our town. What's the best advice you've ever received? What are your Pet Peeves? What's your dream vacation? Fill out this "Employee Spotlight" form, upload a photo and we will post a profile about you on Patch. Have fun with it. Use the right scroll bar to see all the questions. Please fill out the form and click the "Submit" button before you upload a photo. Click on the white and green "Upload Photos and Videos" button to the right. You should see a thumbnail of your photo after you upload it. Include your name in the photo caption. If you have any questions about the form, email Kevira.Voegele@patch…
Wednesday, April 24, 2013
Don't wait for us to come to you. We'll give a shout out to local small businesses who fill out the form below and upload a picture.
If you own or manage a local small business, Patch wants to hear from you. Fill out this "Business Spotlight" form and we will feature your company on Patch. Use the right scroll bar to see all the questions. Please fill out the form and click the "Submit" button before you upload a photo. Click on the white and green "Upload Photos and Videos" button above. You should see a thumbnail of your photo after you upload it. Include the business name in the photo caption. If you have any questions about the form, email Kevira.Voegele@patch.com.
Wednesday, April 10, 2013
Word of the nationwide Caribou closings spread after a company conference call Friday morning. The Brooklyn Center-based company issued a statement Monday.
Eagan’s five Caribou Coffee shops are not among the more than 150 slated for closure across the nation. A source with knowledge of the company’s downsizing plans and speaking on the condition of anonymity said 80 stores are being outright closed and 80 others are being converted into Peet’s Coffee locations. Two Minnesota locations in Minneapolis—the Rand Tower store and a shop on the corner of 53rd Avenue and Lyndale Avenue South—are on the chopping block, according to the source, and are scheduled to close next week. Eagan has Caribou Coffee shops at 2864 Minnesota 55, 610 Opperman Drive, 1299 Promenade Place, 1380 Duckwood Drive and 2149 Cliff Road. “The rest of the Twin Cities stores are safe for now,” the source said, adding that most…
Friday, April 5, 2013
Roughly 50 percent of the space in the buildings is currently occupied by tenants, but the facility's new owners say they plan to bring the property up to stable occupancy levels.
A California-based real estate management firm has purchased the 24,000-square-foot Eagandale Business Center—a deal worth roughly $2 million, according to the buyer's agent. The facility, located near the intersection of Interstate 494 and Pilot Knob Road in Eagan, was constructed in 2005 and consists of two adjacent buildings. Roughly 50 percent of the space in the buildings is currently occupied by tenants, but Waba Financial—the facility's new owner—plan to bring the property up to stable occupancy levels, according to a news release issued on April 1. Waba officials said they purchased the building in part because of the site's proximity to the airport, access to the freeway system and the general quality of the buildings on the site…
Wednesday, April 3, 2013
Meanwhile, Minnesota continues adding jobs.
Dakota County posted a 5.2 percent seasonally-unadjusted jobless rate in February, down eight-tenths of 1 percent from the same month a year earlier, according to data released late last week by the Minnesota Department of Employment and Economic Development. The county's total workforce was 232,614 with 220,460 people employed and 12,154 unemployed. Monte Hanson, a DEED spokesman, said recently, "Seasonally unadjusted unemployment numbers tend to jump in January and February because of cold weather (affecting construction and other outdoor jobs) and because of post-Christmas retail layoffs. "The statewide numbers that come out every month are seasonally adjusted to account for that impact, but there isn’t a big enough survey sample at the…
Monday, April 1, 2013
The company will continue to lease the building, which is located just north of Central Park.
Delta Airlines has sold its 150,000-square-foot data center at 1500 Towerview Rd. in Eagan for $37 million. The deal, struck with Digital Towerview, closed last Wednesday, according to a report from the Minneapolis St. Paul Business Journal. Digital Towerview is a part of a San Francisco-based company that owns 119 properties around the world, according to the Business Journal. Delta will continue to lease the building for at least eight-years as part of a sale-leaseback agreement with Digital Towerview. The facility was built in 1982, according to Dakota County property records.
Thursday, March 28, 2013
A dispute over whether two autistic men can carry Little Caesar's advertisements and wave to passing motorists touched on city regulations and freedom of speech issues, according to city staff.
Christian Young and Nengi Clement—two autistic Little Caesar's employees at the center of a sign ordinance dispute in Eagan—are in luck. City staff hammered out an agreement earlier this week with Mike McGuire, the owner of the Little Caesar's in Eagan, that will allow the two young men to continue carrying signs, smiling and waving at passing motorists from a perch in the parking lot outside the business. The restaurant came under scrutiny as early as April 2009 for stationing employees outside with t-shirts and hand-held signs to promote the Little Caesar's brand to drivers on Diffley Road, according to Eagan Communications Director Tom Garrison. With the exception of billboards, city ordinances do not allow businesses to have "off-…