Category Archives: Medical

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

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New Development Model Reshapes Off-Campus Medical Office Market

The big story in medical office is that off-campus development is evolving as strategies shift. The typical medical office building of the early 2000s – individual suites in a multi-tenant property –¬†will likely be a thing of the past. Cushman … Continue reading

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Construction Activity Ramps Up in Medical Office Market to Accommodate Expanding Patient Base

With a healthy supply of development activity underway, the Twin Cities multi-tenant medical office market continues to be strong. Totaling more than 6.1 million square feet (msf), the medical office market saw its overall vacancy rate drop to 9.7% in … Continue reading

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Healthcare Reform Spurs Repositioning, Continued Medical Office Development as Systems and Practices Prepare for Influx of New Patients

Vacancy rate remained relatively flat at 9.6% Multiple projects under construction that should come on line in 2014 Continuing to attract interest of investors The Twin Cities multi-tenant medical office market, totaling more than 6 million square feet (msf) remains … Continue reading

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Twin Cities Medical Office Space Sees Continued Momentum on Numerous Fronts in First Half

The Twin Cities multi-tenant medical office market, totaling more than 6 million square feet (msf) continues to perform well. The overall vacancy rate held mostly for first-half 2013, only increasing to 9.8% compared with 9.7% at year-end 2012. Many on-campus … Continue reading

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