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Target Closing Update

Post Date:02/07/2018 12:12 PM

Hastings Target Property Owned by Target Corp.

In preparation for the recent closure of the local Target, the City of Hastings Economic Development staff has been in contact with Target Corporate Real Estate and CBRE Group, Inc. Target Corporation owns the Hastings Target property and has contracted with CBRE Group, Inc., a leader in real estate services, to market the property in Hastings. CBRE has handled Target properties throughout the United States, including Maple Grove, Minneapolis, Elk River and, most recently, the sale of the Target site in Austin, MN.

Target Property For Sale/For Lease

The Hastings Target will be marketed as For Sale or For Lease. Our Economic Development Coordinator will continue working with Target Corporate Real Estate and CBRE to assist in marketing the property and communicate any leads or opportunities that are presented. Marketing material and listing information can be found below.

Target For Sale/For Lease Listing

If you have any questions or interest regarding the Target property, please contact:

Matt Friday, of CBRE Group Inc., at 612-336-4209 or


City of Hastings Economic Development Programs - Invest Hastings!

Do you have interest in starting a business in Hastings? Information regarding available properties, including the Target site, can be found on the City website, under Available Properties. We look forward to new and continued investments here in Hastings.

Resources are available for starting or expanding a business in Hastings. To learn more about the Economic Development Assistance Programs we offer, go to the Business section of our website. For additional help or to make a business-related inquiry, please contact:

Morgan Hill, Economic Development Coordinator, at 651-480-2379 or

Photo of Morgan Hill, Economic Development Coordinator