Articles
2023 YEAR END OFFICE & INDUSTRIAL UPDATE
There continue to be signs that employees are increasing their time in the office, some driven by choice and some by employer mandate (or strong encouragement). Continue reading here Market Update Year End 2023 - TaTonka After two consecutive years of record...
2023 Mid Year Office and Industrial Update
The move to hybrid work and corporate downsizings has put significant pressure on building owners with Minneapolis having the highest rate of distressed properties in the country. With loans maturing, the recent rise in interest rates and building values decreasing,...
What Tenants Need to Know About Office Foreclosure Risks
Office building foreclosure risks are on the horizon. At the onset of the pandemic, many lenders provided short-term loan extensions while the world tried to wait things out, but many of these mortgages are now once again coming due. The rising interest rate...
2022 Year End Industrial Update
2022 was another robust year for industrial activity with strong absorption. Year-End 2022 Industrial Market Update - TaTonka
2022 Year End Office Update
As organizations, both large and small, are defining the “new normal” most employers have continued to adopt hybrid or remote working scenarios. Market Update Year End 2022 - TaTonka
Do you need an Estate Valuation?
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
Low Rent, but a Bad Deal?
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...
Pandemic Side Effect – Sublease Surge!
The COVID 19 pandemic has created great uncertainty in how we will use office space in the future. This mandated work from home experiment has taught us a lot about our abilities to adapt, embrace technology and work remotely relatively effectively. It has also made...
2021 Twin Cities Office and Industrial Market Outlook
This past year has been unlike any other in our lifetime. The year started out fairly normal but quickly evolved in a Covid-19 lockdown that has rocked the commercial real estate market. Businesses were required to work from home, restaurants were closed and only...
Are My Property Taxes Too High?
Understanding The Key Points As To Whether Or Not A Tax Appeal Should Be Filed By Rodger Skare, MAI Throughout Minnesota, the real estate taxes one pays in a given year are typically determined by the assessor’s estimate of market value (AEMV) for that property as of...