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 | 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 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...