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|