Author Archives: sarapeterson2014

Industrial Vacancy Reaches 15-Year Low Driven by Positive Absorption in East Metro

We passed the midway point of 2016 and the industrial market continued to be a strong performer. One driving factor was the strength of the Northeast submarket. The Northeast led the Metro in absorption and held the lowest vacancy rate … Continue reading

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Compass: Vacancy Rate Nears Record Low as CRE Market Continues to Stabilize

Cushman & Wakefield/NorthMarq releases the July 2016 edition of The Compass Report. Download the Executive Summary and get all of the details surrounding the Twin Cities commercial real estate market on the Compass website. According to Mike Ohmes, Executive Vice President … Continue reading

Posted in Hospitality, Industrial, Investment, Land, Medical, Multi-Family, Office, Retail | Leave a comment

What is Cool?

According to Cushman & Wakefield, “For economists or real estate analysts who usually strive to work in the realm of numbers and hard data, answering the question, “what is cool?” almost seems frivolous. Except that it is not. In fact, for … Continue reading

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Voracious Renter Demand Continues to Drive Multi-Family Market

The Twin Cities has enjoyed more than four years of sub-3% vacancy. That is a testament to the strong demand in the market, which is all the more notable given the influx of new supply. Cushman & Wakefield’s Robert Dulin shares his thoughts … Continue reading

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Hotel Performance Metrics Near Peak Levels Driving Development and Sales

An improving economy attracted a near-record number of business and leisure travelers to Minnesota and the Twin Cities in 2015. Significant benchmarks – occupancy, revenue per available room (RevPAR) and average daily rate (ADR) – all experienced gains in the … Continue reading

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