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...
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...
by JulieA | Jul 28, 2021 | Market Insights, Office Market Insight
2021-Q1 Office Market Report MARKET OVERVIEW: The Minneapolis-St Paul office market, consisting of over 129M SF of space in seven counties across the metro, topped 963,000 SF negative absorption for Q1 2021. The vacancy rate for the market stands at 13.8% for all...
