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.

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Twin Cities Multi-Tenant Market Holds Steady Course of Slow Improvement

Despite pockets of surplus space in the office market, the Twin Cities multi-tenant market continued to make forward progress in the second half of 2016. The overall vacancy rate finished the year at a healthy 10.6%, and strong demand for industrial space helped give overall absorption an added boost.

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