Staff Directory 101685423

Nicole Norfleet

Reporter | Commercial real estate
Phone: 612-673-4495
Location: Minneapolis
Other languages: None

Nicole Norfleet covers commercial real estate along with professional services, including the Twin Cities' thriving marketing, accounting, and legal communities. 


Norfleet joined the Star Tribune's business team in the winter of 2015 after working as the St. Paul public safety reporter and holding various other metro assignments. She is originally from the East Coast, but now calls the East Side of St. Paul home. Norfleet and her partner Liz have one tabby son named Max and enjoy craft beer, Korean dramas and camping with family. She is a proud graduate of the University of North Carolina at Chapel Hill.
Recent content from Nicole Norfleet
Tonette “Toni” Swiggum

Tonette "Toni" Swiggum, dance and skating instructor, dies at 80

In 1971, Swiggum was selected as the director and choreographer for the St. Louis Park Parkettes.
Executive Vice President Chris Preston and President Jennifer Spire now lead Minneapolis advertising agency Preston Kelly.Courtesy Preston Kelly

Minneapolis ad agency Preston Kelly wants to work with 'good brands'

Minneapolis advertising agency Preston Kelly wants to stay positive.The independent creative firm has new leadership after its longtime Chief Executive Chuck Kelly recently announced his…
Several organizations in north Minneapolis are exploring ways to help local entrepreneurs own or lease their commercial properties affordably in north

Entrepreneurs, nonprofits work to keep north Minneapolis local

As rents rise and redevelopment hits, groups are working to keep the area's commercial real estate affordable.
Thrivent Financial’s investment division will move to six floors in the AT&T Tower in downtown Minneapolis a few blocks from the company’s future

Thrivent moving investment division to six floors of AT&T Tower in downtown Minneapolis

When Thrivent Financial moves into its new corporate headquarters next year, its investment division will move into space of its own.The 300-member team, which includes…
Rocky Novak (left) is the new CEO and Mike Buchner (right) the new chairman of Fallon Worldwide.

Minneapolis advertising agency Fallon names Rocky Novak its new CEO

Novak, who was managing director of Twin Cities office, replaces Mike Buchner, who also was promoted.
WeWork has already opened two other offices in Minneapolis. The first space was in Capella Tower.

WeWork to open co-working site in the North Loop

WeWork's office in the Nordic building will be its third Twin Cities location.
The lobby at the Canopy by Hilton at Thresher Square.

New $63M luxury hotel opens in downtown Minneapolis' historic Thresher Square

The 183-room full-service hotel is the latest addition to the city's lodging market.
Back row from the left: Leita Walker, partner in litigation; Richard Thomson, senior counsel in litigation; and Benjamin W. Johnson, partner in public

Mpls. office of law firm Ballard Spahr hits its stride

Year after merger, the law firm is making big changes.
University of St. Thomas student Fatoumata Jaiteh discusses her nonprofit in a video for the college.

St. Thomas launches new ads showcasing enterprising students

The university aims to raise its profile outside of the Twin Cities area.
Target Creative is one of the largest ad firms in the Twin Cities, with 300 employees at its downtown Minneapolis offices and North Loop production st

Target, Best Buy in-house shops help reshape ad industry

Many companies have opted to grow their in-house creative advertising shops instead of relying solely on outside advertising firms.
A man looks out the window of the SPS Tower building in downtown Minneapolis.

SPS Tower in downtown Minneapolis sells for $144M to Japanese buyer

The SPS Tower in downtown Minneapolis has sold for $144 million to a Japanese company, further indication of the area's growing attractiveness to out-of-town investors.SPS…
During a 15-second commercial for Cenex that will regionally during the Super Bowl, a father shows his daughter how to change oil.

Super Bowl marketing ratchets down for Twin Cities

Local agencies are not spearheading national spots during this year's broadcast.
The Federal Reserve Bank of Minneapolis wants to build an 800-stall parking garage.

800-stall parking garage proposed in North Loop next to Mpls. Federal Reserve

Parking has become tight in the North Loop area as the number of surface lots has dwindled.
The tax filing season begins Monday, when the IRS is scheduled to start processing returns for individuals.

Twin Cities accountants gear up for a possible 'nightmare' tax season

Minn. CPAs have hands full, but it's "what we do."
Mayor Jacob Frey was on hand for the grand opening of WeWork’s new coworking space in Uptown in December. Also pictured are Megan Dodds, WeWork Midw

WeWork in Uptown launches new program to help startups

The coworking company's WeWork Labs offers investor introductions, pitch nights and other features.
Teller Chika Aghenu worked with a customer at Wells Fargo’s Prosperity branch on St. Paul’s East Side. It’s one of the bank’s busiest and most

Why Wells Fargo's branch on St. Paul's East Side is one of their busiest in the country

Wells Fargo's Prosperity branch in St. Paul serves a diverse community, where customers can still take advantage of face-to-face banking.
Former chief executive Ravi Norman left, and founder Richard Copeland of Thor Cos. stand outside of the company's new headquarters as it was being bui

Thor Cos. sued by Sunrise Banks for more than $3 million; receiver sought

Thor Cos., the state's largest minority-owned company, is on the verge of financial collapse, according to the lawsuit filed in Hennepin County District Court.
Madison Equities plans to build 100 apartments on four floors at Park Square Court, a building where it once envisioned a hotel.

Madison Equities buys St. Paul's Alliance Bank Center, eyes more conversions nearby

Firm paid $18.25M for the 16-story Alliance building, with more on the horizon.
Struck by 'career angst'? Here's why it's OK to change jobs at any age

Struck by 'career angst'? Here's why it's OK to change jobs at any age

Twin Cities career coaches say people can feel stuck for many reasons, but it's never too late to answer the question: What's important?
The zoning and planning committee of the Minneapolis City Council went against city staff recommendations.

Gateway tower in Minneapolis gets key city approvals

Developer United Properties had appealed staff recommendations to deny a large sign and a drive-up entrance for the 37-story tower at Hennepin and Washington.
Alula, a security systems technology company, is moving its headquarters and about 120 employees from Hudson, Wis., to the Midway Innovation Center, a

Security tech company Alula moves from Wisconsin to St. Paul

It will bring 120 workers to its new office in St. Paul.
This is a rendering of the proposed Gateway Tower from June 2018.

United Properties says city conditions could put Gateway tower in jeopardy

United Properties says tower needs rooftop sign for anchor tenant and a drive-up entrance.
Everett

Lou Everett, co-founder of Delta Records, dies at 83

For 60 years, Lou Everett helped capture the voices of angels. Delta Records, the independent record label he co-founded with a friend, recorded and distributed…
Piedmont Office Realty Trust has plans to renovate the top floor of the U.S. Bancorp Center to include a multipurpose amenity space.
Courtesy of ESG/P

Offices are continuing to change. Here are 8 trends to look for in 2019

More privacy in open offices, design that reflects the company ethos and more adaptable layouts are among changes employers are making.
A sign outside the Ecolab headquarters

Ecolab University Center in St. Paul sold to developer who served prison time for fraud

Developer leading the buy has served prison time for fraud in recent years.

Minnesota's jobless rate stays at 2.8% as job growth slows

Job growth has slowed in Minn. from its pace earlier this year and now trails U.S.
Scott Burns, co-founder of Structural, Bill Emory, CEO of Smart Care and Caroline Karanja, owner of 26 Letters are among the Osborn370’s tenants.

A year in, St. Paul's Osborn370 gains momentum as Twin Cities startup hub

Renovations nearly done at former Ecolab HQ and the building is about two-thirds leased.
Ben Smith helped out some customers at Spinning Wylde, a cotton candy shop founded by his wife, Tevy Phann-Smith.

Minneapolis retail pop-up pilot aimed for Final Four weekend

Chameleon Consortium wants to test a retail pop-up concept in downtown Minneapolis office.
Minneapolis-based Bite Squad is being sold to Waitr Holdings Inc., a Louisiana food delivery firm, for $321 million in one of the largest deals for a

Food billionaire Fertitta buys Minneapolis-based Bite Squad for $321M

The deal is one of the biggest involving a Minnesota tech startup in years.
The 100-suite Residence Inn by Marriott at 200 Grand Avenue in St. Paul.

New hotel in St. Paul's West 7th area built around historic fire station

The Residence Inn in St. Paul was built around the city's oldest surviving fire station, on Grand Avenue.
Almost derailed four years ago when a major tenant backed out, the MoZaic East building in Uptown will have its ribbon-cutting on Thursday.

Real estate powerhouse Ackerberg Group bets big in Uptown and St. Paul

The real estate company is taking calculated risks throughout the Twin Cities.
ICF Olson

Minneapolis' Olson advertising agency renamed as part of ICF Next

Change follows trend of local agencies being rebranded.
Periscope and Quad/Graphics leaders gathered at Periscope before heading to an off site company meeting to talk to employees about the changes. On the

Mpls.-based Periscope ad agency sold to Wis. firm for $132M

It's the latest domino to fall in the Twin Cities' ever-changing advertising landscape marked by deals.
Tina Hoye, principal of NTH Inc., which represents more than 150 clients, said: “We are going to make sure that the client has a good sense of what

Tina Hoye, of NTH Inc., discusses the changing demands of office users

People are looking for more: "It's a factor in recruiting and retaining employees."
Abdirahman Muse, executive director of Awood Center, leads a meeting of a group that has been discussing working conditions at local Amazon warehouses

Amazon, East African workers at odds over conditions at Shakopee center

A group representing Somali staffers plans to protest what it says are unfair conditions at a Shakopee facility.

Willmar woman dies in three-car crash

A 19-year-old woman was killed when she lost control of the minivan she was driving Friday in central Minnesota. Yasmin Abdi Ahmed, of Willmar, had…
The Musicant Group projected classic Nintendo games in the atrium of the 801 Marquette building in downtown Minneapolis as part of their programming f

Max Musicant's company brings commercial spaces to life

Real estate startup Musicant Group is all about experiences.
Four Seasons Hotels and Resorts has committed to open a 280-room hotel in the Gateway project that United Properties is developing on the north end of

Luxury hotelier Four Seasons signs up as partner of Gateway project

Developers had long hoped to line up Four Seasons to occupy the hotel space in the new tower planned for the north end of Nicollet Mall.
CLAgency leaders brainstormed over an upcoming breakfast gathering with industry professionals, just like professionals.

Student-run CLAgency at the U has its eye on outside clients

Student-operated creative agency takes on more outside clients.
Northeast-facing view of the apartment building Ryan Cos. proposes to build between the Wells Fargo office towers and U.S. Bank Stadium in downtown Mi

Offices out, apartments in for project near stadium

Decision by Minneapolis developer Ryan Cos. to propose apartments follows a failed attempt to land an anchor tenant for an office tower.
The BrandLab hosted a Fearless Conversation at the Walker Art Center in April.Courtesy the BrandLab

'This is very, very white': Report cites lagging diversity at Twin Cities ad agencies

Report finds support for hiring initiatives but little change in the workplace.
This is a rendering of the proposed Gateway Tower from June 2018.

New plan for Gateway project envisions 35-story tower

United Properties plans tower with office space, hotel rooms downtown.

Apartment complex near University of Minnesota campus sells for more than $58 million

A 194-unit student housing complex near the University of Minnesota in Minneapolis was recently sold for a little more than $58 million.The complex, 44 North…
Thomas Dinndorf

Thomas Dinndorf, pharmaceutical executive and aviation enthusiast, dies at 84

When Tom Dinndorf wasn't working, he was chasing planes.Dinndorf, who became a private pilot at the age of 16, spent many a day with a…
Mortarr founders, from left, Amy Petersen, Abby Murray and Steve Pulley, call the site “a mashup of LinkedIn, Pinterest, Instagram and a branding ag

Albert Lea-based Mortarr offers online showcase for office design

It has developed a website that aims to make it easier to share commercial office space ideas.
The owners of RSM Plaza recently completed a multimillion renovation of the building's skyway, lobby and common spaces.

After bookstore's exit, RSM Plaza in Minneapolis undergoes renovation

With the more than $10 million in work, the complex's confusing skyway connections are streamlined and brightened.
Tenants currently fill a larger percentage of downtown St. Paul offices than they did last year.

Office vacancy rate decreases in downtown St. Paul

More developers have begun to test the market and invest in renovations and construction of new office space.
The Twin Cities housing market continues to show signs of a shift to a buyer’s market.

Twin Cities housing market continues possible shift toward buyers

September housing numbers show more homes on the market than a year ago, continuing a slow shift.
The Eleven, which would be along the Mississippi River in the Mill District, would stand at 41 stories, or 550 feet.

41-story Eleven condo tower gets approval of Mpls. planners

Rising 550 feet along the riverfront in the Mill District, the Eleven would be the tallest residential tower in the state.
Blake Hastings

Blake Hastings appointed president of Oppidan property development firm

The former managing director of the CBRE office in Minneapolis starts on Nov. 1.
The Sears store on Rice Street in St. Paul opened in August 1963.

Sears stores at Ridgedale, near St. Paul Capitol on closing list

The Twin Cities metro will have one full-line Sears — at the Mall of America.
New ballroom, The Depot.

The Depot in Minneapolis is closing in on its latest transformation

The former Milwaukee Road Depot is being renovated again to add more event space.

Syngenta will move 200 employees into WeWork space in Uptown

The workers will move from Minnetonka to the MoZaic East building.
William Stoeri was named managing partner of Dorsey & Whitney, the Minneapolis-based law firm.

William Stoeri named managing partner of Dorsey & Whitney

He will succeed current managing partner Ken Cutler in a three-year term starting Jan 1.
Streets will be transformed by autonomous vehicles.

University of Minnesota research shows how roads can be greener with driverless vehicles

U research envisions major changes as cities adapt to autonomous vehicles.
Digi International will move away from its complex on Bren Road in Minnetonka for an office complex on Excelsior Boulevard in Hopkins.

Digi International moving headquarters to Hopkins

New HQ will have labs and common areas to enhance teams' digital innovation.
Researchers at the University of Minnesota are testing an element in fish that could be used to fight cancer.

U unveils marketing campaign highlighting research

The University of Minnesota is continuing to share stories of several of its researchers and their effects on the state.
A steakhouse called 801 Chophouse is going into the former Barnes & Noble. Shown here is the St. Louis location.

Steakhouse moving into former Barnes & Noble in downtown Minneapolis

The Denver-based 801 Chophouse will open next fall.

Dykema law firm in Minneapolis adds 2 intellectual property attorneys

The Dykema law office in Minneapolis has recently added attorneys Robert C. Freed and Conrad A. Hansen to bolster the firm's intellectual property practices, the…
Novel is one of several co-working firms that have opened recently. The Chicago-based company renovated the former Art Institutes building in Minneapo

Co-working sites just keep popping up in the Twin Cities

Although growing, co-working is not as widespread in the Twin Cities compared to other major metro areas.
A “living room” at Sleep Number headquarters has smart beds and a video display that shows installation of Sleep Number mattresses across the coun

From a new home, Sleep Number rolls out new product line

The company emphasizes technology in its bed and brand awareness in its downtown Minneapolis offices.
This is a rendering of the proposed Gateway Tower from June 2018.

United Properties: Hotel will be part of Gateway development in Minneapolis

Gateway development in downtown Minneapolis to include hotel, offices, condos.
Renderings show several towers as part of AECOM's proposal.

Three developers vie for role in transforming part of St. Paul riverfront

Ramsey County staffers are in talks with several developers on how to transform the former West Publishing Co. site.
The East tower of First National Bank Building will soon be converted into apartments.Courtesy of Madison Equities

First National Bank in St. Paul to soon be converted into apartments

Renovation of the iconic St. Paul building is to include 170 apartments.
Ackerberg plans to renovate the Williams Pub building and rebrand it The Carling. (Courtesy of ESG)

Ackerberg to renovate Williams Pub building in Uptown

The building is near the firm's MoZaic offices.
The Jacobson Building has been sold.Photo by Jim Buchta

Another North Loop building changes hands

St. Louis Park-based Paster Properties has purchased another retail and office building in the North Loop. Paster Properties has bought the Jacobson building at 606…
Whole new avenue: The view from 2nd Street and Park Avenue S. showcases two major projects underway: the mixed-use 205 Park Av. and the high-rise Iron

Remake of Washington Avenue in Minneapolis enters final phase

Millions of dollars are being poured into the redevelopment of the last surface parking lots on the east end of downtown Minneapolis.
AECOM wants to build a condo building on the Guthrie Liner Parcel.Courtesy Dwyer/Oglesbay

New Washington Av. projects: More condos, apartments, office space

Parking lots and vacant lots in Minneapolis are targeted for redevelopment along Washington Avenue.
The Commission House is being converted into an apartment complex with retail stores.

Seestedt Carpet building to be converted into apartments in St. Paul

The Lowertown building has been sold to a group of developers, and the business plans to move.
Renovations of the 701 Carlson building include a new lobby.

Carlson HQ in Minnetonka to be renovated and open to other tenants

The Minnetonka office tower will get a modern update.
Kraus-Anderson has proposed to build a 16-story apartment tower with approximately 330 units and a new Wells Fargo bank on 8th Street between Portland

Kraus-Anderson proposes apartments on Wells Fargo site in Minneapolis

Kraus-Anderson proposes plan for downtown Mpls. site; the bank would stay.
Doug Hoskin, the Minneapolis businessman known for his company, Interstate Parking, at the corner of 7th Street and 5th Avenue S. in Minneapolis.

Doug Hoskin discusses downtown parking, development and baking

Hoskin has a lot of shovels in the ground.
The Legend Lounge has an open, outdoor modern feel to it.

Jack Link's new theater lounge opening just in time for 'Hamilton'

An unusual partnership between the Hennepin Theatre Trust and the jerky maker has led to a new theater lounge.
An illustration of the new facility.

Plans for new Uptown Planned Parenthood revealed

Planned Parenthood has provided more details on the Uptown clinic that it plans to build financed by donations, including a $6.5 million gift. The nonprofit…
Construction workers for Kraus-Anderson are putting the finishing touches on the Elliot Park Hotel, Tuesday, August 28, 2018 in Minneapolis, MN.

Elliot Park Hotel is last piece to multi-use downtown Mpls. project

The 168-unit luxury hotel at 9th Street and 5th Avenue will open next month.
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