Aug 22, 2023 | Articles, Market Outlook, Uncategorized
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,...
Dec 5, 2016 | Market 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, 2016 | Market 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....
