CIP is named a top real estate developer in the Twin Cities
February 6, 2020 – CIP, a Midwest-based property management and development company, has been recognized by the Minneapolis/St. Paul Business Journal as one of the largest real estate developers in the Twin Cities.
CIP ranked #20 out of 33 on the list of Largest Real Estate Developers in the Twin Cities. Rankings were based on total square footage for commercial, mixed-use and/or multifamily development that broke ground from January 1, 2017 through December 31, 2019. The Twin Cities metro area includes Anoka, Benton, Blue Earth, Carver, Chisago, Dakota, Freeborn, Goodhue, Hennepin, Isanti, Le Sueur, Mower, Nicollet, Olmsted, Ramsey, Rice, Scott, Sherburne, Stearns, Steele, Washington, Wright, Pierce and St. Croix counties.
CIP broke ground on approximately 907,200 square feet from 2017-2019 across two upscale, multifamily development projects in Woodbury, Minnesota. "We are very pleased to have made such progress so quickly in the Twin Cities," said Charlie Sullivan, Senior Vice President and Director of Construction and Development at CIP. "We opened our first project, The Preserve at Normandale Lake, in 2017 followed shortly thereafter by Ascend at Woodbury in 2019. Aspire at CityPlace is under construction now and our newest project will break ground in Eagan this spring. That's almost 1,000 residential units – and we're just getting started!"
Commercial Investment Properties (CIP) is a family-owned company that was founded in Lincoln, Nebraska. CIP's services include project development, asset management, residential leasing and commercial leasing. CIP manages 38 communities and approximately 6,500 apartment units in Nebraska, Iowa and Minnesota. For more information about CIP, visit www.RentCIP.com/about-cip.
