by Ashley Reinke | Feb 1, 2023 | Office Market Insight, Jim Jetland, Market Insights
MARKET INSIGHT POST Q4-2022 Minneapolis-St. Paul Office Market Update Forte Principal, Jim Jetland, lends insight to the Twin Cities office market report recently released by MNCAR/REDI. The Twin Cities office market continues to be challenged due to a few...
by Ashley Reinke | Feb 1, 2023 | Industrial Market Insight, Market Insights, Phil Simonet
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 | Jan 26, 2022 | Market Insights, Office Market Insight
Q4-2021 Minneapolis-St. Paul Office Market Report MARKET RECAP: All Properties: Total Inventory: 129,388,269 sf Total # of Buildings: 1,028 Absorption: 692,907 sf Vacancy: 15% Asking Rate: $25.34 (full service gross) New Construction: 1,280,278 sf Multi-tenant...
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 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...
