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...
by JulieA | Jul 28, 2021 | Industrial Market Insight, Market Insights
2021-Q1 Industrial Market Report MARKET OVERVIEW: It’s no secret to anyone that COVID-19 had a significant impact on commercial real estate in 2020. It will continue to influence this asset class well into 2021. The impact was both good and bad, depending on what...