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Office
Q1-2022 Minneapolis-St Paul Office Market Update
MARKET RECAP: All Properties: Total Inventory: 129,892,693 sf Total # of Buildings: 1,035 Absorption: (379,819) sf Vacancy: 15.4% Asking Rate: $25.74 (full service gross) New Construction: 1,071,160 sf Multi-tenant Properties: Total Inventory: 93,596,205 sf Total # of...
Industrial
Q1-2022 Minneapolis-St Paul Industrial Market Update
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:...