by Ashley Reinke | Jan 26, 2022 | Industrial Market Insight, Market Insights
Q4-2021 Minneapolis-St.Paul Industrial Market Report MARKET RECAP: All Properties: Total Inventory: 267,363,719 sf Total # of Buildings: 3,078 Absorption: 2,581,249 sf Vacancy: 3.6% Asking Rate Low: $6.51 NNN Asking Rate High: $10.09 NNN Under Construction: 5,063,038...
by Ashley Reinke | Jan 13, 2022 | News, Phil Simonet
Five Factors that are Driving Net Rents in the Industrial Real Estate Market Industrial real estate occupiers have either directly experienced the seemingly rapid increase of net rates, or have heard stories about strong net rate increases on renewals, new...
by Ashley Reinke | Jan 4, 2022 | Featured Property
Lexington Corporate Center 3225 Neil Armstrong Boulevard, Eagan, MN 55121 Lexington Corporate Center is a high image office warehouse property available for lease. This building has the ability to accommodate office, tech, showroom, light manufacturing, or warehouse...
by Ashley Reinke | Dec 21, 2021 | Market Insights, Office Market Insight
Q3-2021 Office Market Report MARKET RECAP: All Properties: Total Inventory: 129,868,213 sf Total # of Buildings: 1,032 Absorption: 49,836 sf Vacancy: 14.5% Asking Rate: $25.29 (full service gross) Under Construction: 4,104,965 sf Multi-tenant Properties: Total...
by Ashley Reinke | Dec 20, 2021 | Industrial Market Insight, Market Insights
Q3-2021 Industrial Market Report MARKET RECAP: Total Inventory: 265,710,082 sf Total # of Buildings: 3,063 Absorption: 2,080,417 sf Vacancy: 4% Asking Rate Low: $6.46 NNN Asking Rate High: $10.00 NNN Under Construction: 4,104,965 sf ECONOMIC OVERVIEW: According to...