July 2018 Compass: Twin Cities Absorption Exceeds Expectations in Dynamic, Competitive Commercial Real Estate Market

The Twin Cities multi-tenant commercial real estate market exceeded expectations in the first half of 2018, outpacing projected absorption by about 20 percent even as the retail and office sectors slowed significantly. At the end of June, the market’s multitenant properties had a measured vacancy rate of 10.6 percent, 20 basis points lower than [...]

August 1st, 2018|Compass, Research|

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 [...]

January 25th, 2018|Compass, Research|

July 2017 Compass: Twin Cities Commercial Real Estate Market Sees Continued Steady Demand

The Twin Cities multi-tenant commercial real estate market recorded a slight uptick in vacancy in the first half of 2017; however, it is a still-healthy 10.8% across all product types—office, industrial, and retail. The July 2017 Compass report, which provides in-depth analysis of commercial real estate conditions in the Minneapolis-St. Paul metro area,  is [...]

July 26th, 2017|Compass, Research|

Tech Cities 1.0: An interactive look at metrics and cities to watch

By: Clint Miller, Executive Managing Director Throughout this and most other business cycles, we hear that tech cities have outperformed other markets by virtually every relevant economic and commercial real estate (CRE) metric, including GDP, jobs, absorption, rents, and more. But what exactly is a tech city? In a new Cushman & Wakefield report, [...]

July 20th, 2017|CRE Insights, For Investors, For Occupiers, Research|

The Amenities Game: A Chess Match Between Landlords & Occupiers

By: Clint Miller, Executive Managing Director Globally, occupiers and landlords are responding to game-changing developments in technology, economics, and demographics by pursuing ground-breaking amenities. We might think of the relationship as a game of chess: going back and forth, each decision tied to the next. Landlords want occupants that bring value to their rent [...]

May 22nd, 2017|CRE Insights, For Investors, For Occupiers, Research|