
What should you look for when touring Minneapolis commercial real estate? Yes, the proposed space is important, but consider these other factors.

What should you look for when touring Minneapolis commercial real estate? Yes, the proposed space is important, but consider these other factors.
I often get asked “How are things going in the Commercial Real Estate market“? This is a tough question to answer.
Oh how things have changed. It is finally good times for everyone involved with Industrial Real Estate in Minneapolis. Over the last 12 months, there has been almost 2,000,000 SF absorbed in the overall market. Even with that surge in demand, vacancy rates have remained flat as developers were ahead of the curve and had a number of new speculative properties ready to accommodate new tenants.

There was a recent article in the Twin Cities Business magazine describing the Minneapolis North Loop Office Market as one of the top growing office submarkets for tech companies in the US.

Water Gremlin called on CRE Partner to assist them with a site search for a new facility. The company needed more space and was uncertain if purchasing, leasing, or building was the appropriate solution. The goal was to find additional space and limit logistics costs.