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Do you need an Estate Valuation?

Nov 8, 2022Articles

A family patriarch recently passed away leaving an office/showroom/warehouse property in a southern Twin Cities suburb to his three children, but only one of the offspring and the decedent owned the business   Click to finish reading

Mid Year Office and Industrial Update

Sep 7, 2022Market Notes Newsletter

Industrial demand remains strong despite rising interest rates and an inflationary environment. While new construction activity has boomed, vacancy rates continue to decline as space absorption remains strong. We continue to see demand being driven by distribution and...

Market Notes Summer 2022

Aug 16, 2022Market Notes Newsletter

A Hybrid Model of Work has Arrived As companies focus on a return to the office it appears a hybrid work model is here to stay…for now. Historically low unemployment (1.8% in MN) has given employees more clout. Workers have grown accustomed to remote work and more...

Low Rent, but a Bad Deal?

Mar 4, 2022Articles

Rent being paid is considered, by many, to be the most important aspect of a commercial lease, however, there are many lease provisions that should be added and negotiated providing significant value and flexibility to a lease.  These provisions will not show up on a...

Office Market Update

Feb 15, 2022Market Notes Newsletter

Leasing activity remains sluggish as employers continued to delay return to work dates and contemplate the “new normal” and hybrid work scenarios. Many tenants are choosing short term lease renewals. Those companies that are comfortable making longer term commitments...