Sep 27, 2024 | Market Notes Newsletter, Market Outlook
As we enter the second half of 2024, the industrial market has softened, but remains fundamentally strong with a market-wide vacancy rate of 5.3%, a marginal increase from 4.9% at the end of 2023. Rental rate growth is moderating, but tenants that have not been in the...
Sep 7, 2022 | Market Notes Newsletter
Industrial demand remains strong despite rising interest rates and an inflationary environment. While new construction activity has boomed, vacancy rates continue to decline as space absorption remains strong. We continue to see demand being driven by distribution and...
Aug 16, 2022 | Market Notes Newsletter
A Hybrid Model of Work has Arrived As companies focus on a return to the office it appears a hybrid work model is here to stay…for now. Historically low unemployment (1.8% in MN) has given employees more clout. Workers have grown accustomed to remote work and more...
Feb 15, 2022 | Market Notes Newsletter
Leasing activity remains sluggish as employers continued to delay return to work dates and contemplate the “new normal” and hybrid work scenarios. Many tenants are choosing short term lease renewals. Those companies that are comfortable making longer term commitments...
Nov 19, 2021 | Market Notes Newsletter
By Mike Koehler & Brad Mateer Soaring Minnesota Industrial Market Continues To Persist With an estimated nearly 5.3 million sq. ft. under construction in Minnesota, industrial supply is trying to keep up with demand. Construction costs and delays in material are...
Aug 10, 2020 | Exis Global, Market Notes Newsletter
Market Report – Mid Year 2020 Minneapolis-St. Paul TaTonka Real Estate Advisors is the Minneapolis member of Exis, an international network of best-in-class tenant and buyer representation firms. At Exis, our loyalties aren’t compromised; because we do not...
