Minneapolis, MN
Downtown Minneapolis’ Wells Fargo Center sells to trio of investor groups
“Pairing state-of-the-art amenities with timeless design, the Wells Fargo Center is well-positioned to attract tenants seeking a premier building in a dynamic urban environment,” the release said.
The overall office vacancy rate for downtown Minneapolis at the end of the third quarter was 23.4%, up a percentage point from the same quarter a year ago, according to brokerage firm Colliers.
Current vacancies, which are far higher than before the pandemic, are forcing some building owners to sell at significantly discounted prices. In September, a pair of office towers known as the Forum sold for $6.5 million, representing a discount of more than 90% discount from 2019 when the towers sold for nearly $74 million.
The Minneapolis City Council on Thursday voted to temporarily extend the eviction notice period for renters in an effort to help support residents impacted by Operation Metro Surge.
Under the ordinance, which was approved 7-5, landlords would need to wait 60 days — not the typical 30 — before bringing an eviction notice to a renter. If approved by Minneapolis Mayor Jacob Frey, the 60-day requirement would stay in effect until Aug. 31.
Supporters of the ordinance said Operation Metro Surge left residents out of work and relying on mutual aid networks to pay rent.
“Preventing eviction is always more cost-effective than trying to re-house someone who has been evicted,” said Council Member Robin Wonsley, who represents Ward 2.
Wonsley, alongside members Elliott Payne, Jamal Osman, Aisha Chughtai, Soren Stevenson, Jason Chavez and Aurin Chowdhury voted in favor of the resolution. Council member Jamison Whiting abstained from voting.
The city estimates Operation Metro Surge led to an additional $15.7 million in monthly need for rental support. Last month, council members approved $1 million in rental assistance for Hennepin County to help families impacted by the surge.
MANCHESTER, Iowa — A Minnesota man has been arrested in Manchester after police say he attempted to meet someone he believed was a minor for sexual activity.
The Manchester Police Department said Robert Fenn Eselby III, 23, of Minneapolis was arrested Feb. 27 following an undercover investigation.
According to police, Eselby contacted an undercover officer posing as a juvenile through several social media platforms. Authorities said he was informed multiple times that the person he was communicating with was underage.
Investigators say Eselby sent explicit photos and videos and later arranged to travel to Manchester to meet the supposed minor for sexual activity.
Police said Eselby was taken into custody immediately after arriving in Manchester and was transported to the Delaware County Jail.
Authorities also said Eselby allegedly attempted to ask an arresting officer out on a date during the booking process.
Eselby faces one count of grooming, a Class D felony, and one count of disseminating obscene material to a minor, a serious misdemeanor.
Court records show he remains presumed innocent unless proven guilty in court.
What exactly is a data center and why are so many being proposed across Minnesota? Professor Manjeet Rege, chair of Software Engineering and Data Science and director of the Center for Applied Artificial Intelligence at the University of St. Thomas, joins us to explain how these massive facilities store and process the world’s data and what the economic, environmental, and infrastructure questions are as Minnesota considers hosting more of them.
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