Apr 3, 2018Market Notes Newsletter
Trends And Outlook For 2018 • Tight labor market conditions are creating competition for quality workers. • Demand for quality space has surged as companies are seeking to attract and retain the best talent. • Tenant improvement costs have escalated based on a...
Dec 5, 2016Market Outlook
2016 Twin Cities Office Market Outlook The Twin Cities added 30,000 new jobs in 2015 lowering the unemployment rate to 3.7%, the lowest level in 15 years, well below the national average of 4.8%. Job growth in the health care and biosciences industries fueled office...
Dec 5, 2016Market Outlook
2016 Twin Cities Industrial Market Outlook The Twin Cities added 30,000 new jobs in 2015 lowering the unemployment rate to 3.7%, the lowest level in 15 years and well below the national average of 4.8%. Job growth in manufacturing fueled absorption of 3,670,000 SF....