by Ashley Reinke | Jul 27, 2022 | Industrial Market Insight, Jim Jetland, Phil Simonet
Q2-2022 Industrial Market Update MARKET RECAP: All Properties: Total Inventory: 269,000,289 sf Total # of Buildings: 3,090 Absorption: 1,391,072 sf Vacancy: 3.5% Asking Rate Low: $6.94 NNN Asking Rate High: $10.47 NNN Under Construction: 7,156,531 sf Multi-Tenant...
by Ashley Reinke | Jul 27, 2022 | Office Market Insight, Jim Jetland
Q2-2022 Office Market Update ECONOMIC OVERVIEW: According to the Bureau of Labor Statistics (BLS), the unemployment rate for the Mpls-St Paul metropolitan statistical area (MSA) decreased 210 basis points to 1.6% for May 2022 from 3.7% for May 2021. The unemployment...
by Ashley Reinke | Jul 26, 2022 | Case Study, Project Management, Wally Tufvander
CASE STUDY Project Management Leads Renovation and Relocation for DAVIS, Making Impactful Employee and Client Space with Limited Budget Quick Highlights Project Manager, Owner’s Representative (Rep), or Construction Manager are all terms used to describe a...
by Ashley Reinke | Jun 1, 2022 | News, Joe Jetland
PRESS RELEASE: Forte Real Estate Partners, LLC hires Joe Jetland as Senior Associate of Real Estate Advisory Minneapolis, MN (June 1, 2022) – Forte Real Estate Partners, LLC is pleased to announce the addition of Joe Jetland as Senior Associate of Real Estate...
by Ashley Reinke | May 26, 2022 | Case Study, Acquisitions/Dispositions & Leasing, Advisory, Industrial Real Estate, John Young
CASE STUDY 120,000 SF Industrial Sale Redefines ‘Best and Final’ Quick Highlights The Forte Real Estate Team successfully sold a 120,000 square foot industrial building in St. Paul’s North End. The transaction was complicated by multiple offers,...
