by Ashley Reinke | Feb 1, 2023 | Industrial Market Insight, Market Insights
MARKET INSIGHT POST Q4-2022 Minneapolis-St. Paul Industrial Market Update Forte Principal, Phil Simonet, provides insight to the Twin Cities industrial market report recently released by MNCAR/REDI. The Twin Cities industrial market remains consistently strong...
by Ashley Reinke | Nov 9, 2022 | Industrial Market Insight
Q3-2022 Industrial Market Update The Twin City area industrial leasing market continues its spectacular performance with total quarterly net absorption of 2,189,981 SF and Year to Date total net absorption of 4,856,996 SF. Current market activity remains robust with...
by Ashley Reinke | Jul 27, 2022 | Industrial Market Insight
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 JulieA | Apr 28, 2022 | Industrial Market Insight
MARKET RECAP: All Properties: Total Inventory: 268,507,876 sf Total # of Buildings: 3,090 Absorption: 1,122,154 sf Vacancy: 3.9% Asking Rate Low: $6.73 NNN Asking Rate High: $10.25 NNN Under Construction: 4,825,218 sf Multi-tenant Properties Total Inventory:...
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 | 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...