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Local Market Overview
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 [...]
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 [...]
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 [...]
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 [...]