Welcome to THE COMPASS report by Cushman & Wakefield/NorthMarq

This report provides an in-depth analysis of commercial real estate conditions in the Minneapolis-St. Paul metro area for the office, industrial, retail, medical office, multi-family leasing and investment sale markets.

To access detailed market research, including additional charts and graphs for each submarket, please create a free personal account to manage your subscription.

The EXECUTIVE SUMMARY is available without a subscription.

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Current Features

Landlords Start to Benefit from Improving Industrial Market Conditions, Though Some Tenants Remain Cautious

The Twin Cities multi-tenant industrial market appears to be at a “tipping point.” Vacancies are finally dropping, users continue seeking functional space in a tightening market, landlords are gaining some pricing power at quality properties, and free rent and other concessions are diminishing for prime space.

Twin Cities Office Market Gets Solid Marks in 2012 with 1 Million Square Feet of Positive Absorption, Teed Up for Class A Landlords in 2013

With nearly 1 million square feet (msf) of positive absorption for the year, the Twin Cities office market is in its best shape since 2007. Overall vacancy at year end was 18% for direct space across all property types. Most encouraging for landlords were signs of better pricing power for rental rates.

NEW FEATURE: Compass Points Blog

The Compass Points commercial real estate blog will provide market intelligence, perspectives and data about the local commercial real estate industry. National insights from Cushman & Wakefield will help put the local market into perspective. If you're interested in receiving email updates about new blog posts on an ongoing basis, please subscribe to the blog's email feed. Visit the blog at http://compasspoints.cushwakenm.com.

Current blog posts: