MARKET OVERVIEW ‒ Overall, the Minneapolis industrial market absorbed 1.9 million sq. ft. in Q1 2022. This is a 29% increase year-over-year and a 41% increase quarter-over-quart
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CBRE, the foremost commercial real estate firm in the world, began operations in the Minneapolis/St. Paul area in 1974. CBRE leads the region with hundreds of professionals working together delivering superior service to our clients through diverse service lines; we combine brokerage, capital markets, institutional, land, corporate services, property management, facilities management, valuation, project management and financial services more effectively than any other commercial real estate company in the world.
Our success in the Minneapolis/St. Paul area can be credited to the entire staff and senior leadership's commitment to collaboration, transparency, ethics, education and true client focus. Through this commitment, we leverage our position in the market to provide our clients with the best possible solutions to meet their financial, operational and strategic needs. Whether located locally or across the world, CBRE ensures that each client is provided the same best-in-class expertise and client service that has become of the hallmark of our company.
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MARKET OVERVIEW ‒ Minneapolis’ office market recovery continued. In Q1 2022 the market saw 517,560 sq. ft. of positive net absorption, its highest since 2018. Class A net
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2022 U.S. Real Estate Market Outlook
Despite uncertainty from the omicron variant and other risks, a growing economy will fuel demand for space and increase real estate investment across all property types. Explore CBRE’s outlook for 2022.
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800 LaSalle Avenue,
Suite 1900
Minneapolis,
MN
55402