Aug 5, 2026 | Articles, Market Notes Newsletter
The Twin Cities industrial market continued its transition toward a more balanced environment during the first half of 2026. Vacancy remains above the historically tight levels experienced in 2022 and 2023 as newer developments have not filled as fast as the recent...
Aug 5, 2026 | Articles, Market Notes Newsletter
The office market remains highly bifurcated, with newer, amenity-rich properties continuing to outperform through stronger occupancy and record-high rental rates, while older assets face weak leasing demand. The market is further challenged by a significant number of...
Feb 11, 2026 | Articles, Market Notes Newsletter, Market Outlook
Despite a strong start to the year, the pace of industrial leasing across the Twin Cities slowed after the first quarter. Several tenants larger than 100,000 SF (including BAE Systems, Huntington Bank, and Danfoss Power) consolidated or exited the market. Continue...
Feb 11, 2026 | Articles, Market Notes Newsletter, Market Outlook
The office market experienced positive absorption during the first half of 2025, the first positive absorption in nearly 5 years, only to have those gains negated in the second half. Generally, suburban office buildings are fairing better than the downtowns and well...
Aug 20, 2025 | Articles, Market Outlook, Uncategorized
The Twin Cities industrial market remained healthy through the first half of 2025, anchored by continued absorption and measured supply growth. Rent growth has moderated from a 2023 peak, though rates continue to trend upward. Continue reading
