January 2018 Compass: Twin Cities Absorption Surges in Second Half of 2017; Demand Drives Competition in Sales and Leasing

The Twin Cities multi-tenant commercial real estate market exceeded already optimistic expectations in the second half of 2017, besting projected absorption by nearly 50% and keeping vacancy rates steady at around 10.8% across all product types – office, industrial, and retail. The January 2018 Compass report, which provides in-depth analysis of commercial real estate [...]