Cushman & Wakefield Compass report: Twin Cities Multi-Tenant Absorption Surges in Second Half of 2017

MINNEAPOLIS (01/25/2018) – The Twin Cities multi-tenant commercial real estate market exceeded already optimistic expectations in the second half of 2017, outpacing projected absorption and keeping vacancy rates steady at 10.8% despite a sizable influx of new construction, according to Cushman & Wakefield’s biannual Compass report. A total of 2.3 million square feet (sf) [...]

January 25th, 2018|News, Perspective|

Cushman & Wakefield’s Aaron Barnard Awarded SIOR’s Top Honor and Elected Foundation President; Sydney Johnson Earns SIOR Designation

MINNEAPOLIS (12/19/2017) – Aaron Barnard, a Senior Director in Cushman & Wakefield’s Minneapolis-St. Paul office, was honored this month as the winner of the Society of Industrial and Office Realtors’® distinguished Robert P. Boblett Award. Aaron Barnard SIOR presented Barnard with the award at its annual awards ceremony in early December. The [...]

December 19th, 2017|News, Perspective|

Cushman & Wakefield’s Dennis Meadows named 2018 Minnesota IREM Chapter President

MINNEAPOLIS (11/17/2017) – Institute of Real Estate Management (IREM) Minnesota has elected Cushman & Wakefield Senior Property Manager Dennis Meadows as 2018 Chapter President. Dennis Meadows Meadows was installed as president at the annual IREM Member Celebration on Nov. 9 in Eden Prairie. Meadows was previously Vice President of the Minnesota Chapter, [...]

November 17th, 2017|News, Perspective|

Meritex to Develop Two Distribution Buildings in Roseville, Minn.

MINNEAPOLIS (11/15/2017) – Meritex will this month demolish an existing 360,000-sq.-ft. industrial property, formerly known as the Minnesota Technology Exchange building, and construct two state-of-the-art 144,000-sq.-ft. bulk-distribution buildings, Highcrest II & III, in Roseville, MN. Jason Sell Todd Hanson David Stokes The project has an anticipated fall 2018 [...]

November 15th, 2017|News, Perspective|

AtWater Group Acquires Valley Square Corporate Center

MINNEAPOLIS (10/17/2017) – AtWater Group, LLC has closed another transaction for its client, Concorde Properties Group. The company has purchased the Valley Square Corporate Center, a multi-tenant office building in Golden Valley, AtWater and Cushman & Wakefield announced today. Aaron Barnard Located at 7500 Olson Memorial Highway in Golden Valley, the three-story Valley [...]

October 17th, 2017|News, Perspective|

Scannell Properties, Cushman & Wakefield announce new industrial project in Newport

MINNEAPOLIS (09/28/2017) – Meyer Distributing and Meyer Logistics will be the lead tenant in the 83,000 square foot (sf) first phase of an office-warehouse development in Newport, Minnesota, Cushman & Wakefield and Scannell Properties announced today. Meyer, an automotive distribution and logistics company, will be lead tenant occupying 36,000 sf in the Raceway Business [...]

September 28th, 2017|News, Perspective|