Twin Cities Business

Minneapolis Renaissance Coalition founder, Erin Fitzgerald, leaves JLL to focus on buying, rather than selling, office buildings. “Warren Buffet says buy when others are fearful...I believe in the future of cities."

After a six-year run, FINNEGANS Brew Co. is closing its downtown Minneapolis taproom and moving in with fellow local brewer Fulton Brewing Company. On Tuesday, the two breweries announced that Finnegans will stop serving and producing brews at its current facility at 817 5th Avenue South in downtown’s East Town neighborhood. Finnegans taproom will officially shut down on Aug. 31. But that won’t be the end: Fulton has agreed to begin producing Finnegans beers at its Northeast Minneapolis facility and serve them at its North Loop taproom by early fall. The two breweries are describing the effort as “Finnegans Residency at Fulton.” In an interview with TCB, Finnegans founder and CEO Jacquie Berglund described the move as a “neat opportunity between two like-minded partners.” “That’s what business is supposed to be about, right?” she said.

News, from our editor...

During a 12-year run as Andersen Corporation CEO, Jay Lund more than doubled revenue, introduced new products, and built a strong management team. A 2024 inductee to TCB's Minnesota Business Hall of Fame, he shares leadership lessons in this profile by Liz Fedor.

Know of someone in the business community poised to make news? Nominate them for the TCB 100 list. Our editors are gearing up to make their picks!

A connector, a mentor, a civic leader and a trailblazer who built two bank brands in the Twin Cities, Kate Kelly will be inducted into TCB's Minnesota Business Hall of Fame next week.

The new Amtrak route from St. Paul to Chicago had a good first month, but most of what’s been reported beyond that is wild hyperbole. Our resident rail expert Adam Platt explains.

Is downtown Minneapolis entering a "comeback era"? When Simone Biles performed her floor routine at the U.S. Olympic Gymnastics Trials to Taylor Swift, she helped Minneapolis come close to matching a hotel record set one year ago, when Swift’s Eras tour came to town. Here's the latest data from Meet Minneapolis.

As we celebrate our nation's independence, take a moment to honor the contributions of our military veterans. Their dedication to our country doesn't end with their service; many continue to lead and inspire in their civilian careers, making a significant impact in various fields.   TCB will feature Notable Military Veteran Executives in our upcoming Oct/Nov issue. We'll recognize leaders who bring excellence, resilience, and commitment to their civilian careers.   Know an exceptional veteran executive? Nominate them today at tcbmag.com/notable and help us recognize their achievements!   #VeteranExecutives #Leadership #Honor #Military #Veterans

At their simplest, vacancy rates are calculated by adding the total rentable square footage in office buildings divided by the total amount of space. And yet, different firms who publish vacancy rates rarely come up with the same figures. For the first quarter of 2024, Colliers published an overall vacancy of 12.3% for St. Paul’s central business district. Avison Young said 19.1%, while Cushman & Wakefield reported 27%. The St. Paul Building Owners and Managers Association’s (BOMA) had the highest rate at 31.5%, even though that group initially reported a much lower figure. How can four sources produce such wildly different figures for the same area?