Minneapolis MarketBeat Reports

Patrick Hamilton • 1/16/2020
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.


Learn more about our local markets and property types by clicking our most recent Minneapolis MarketBeat reports below.


The U.S. economy ended the year on an optimistic note. Businesses continued to add jobs at a healthy clip. Employment in the key office-using sectors increased by 150,000 jobs in the fourth quarter. Consumer confidence remains high. Wages are rising faster than inflation, yielding extra spending power, reflected in the 18.8% increase in online shopping over the holiday season.

Current Marketbeats

Office MarketBeat Report
Q4 2019 Minneapolis Office Report

The Twin Cities (Minneapolis) market continued to see steady rent growth in aggregate, with overall asking rates up 2.6% year-over-year. The growth has been more pronounced in key micro-markets.

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Industrial MarketBeat Report
Q2 2019 Minneapolis Industrial Report

Strong economic fundamentals continued to support sustained space demand as the Twin Cities industrial vacancy rate declined 20 basis points from second quarter 2018 to 8.0% in second quarter 2019. 

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Retail MarketBeat Report
Q4 2019 Minneapolis Retail Report

Retail fundamentals in the Minneapolis market remained solid with good absorption and stable rents. The market’s vacancy rate, while still high, dipped to 9.2%, and absorption increased to just over 425,000 square feet (sf) for the second half of 2019.

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Multifamily MarketBeat Report
Q2 2019 Minneapolis Multifamily Report

Multifamily’s positive momentum continued into 2019 as the Twin Cities (Minneapolis) saw 2,050 units of absorption in the first quarter. Vacancy continues to trend down at 2.6% in Q1 compared to 3.0% in Q4 2018, and even accounting for new properties undergoing lease-up, the vacancy rate notches only slightly higher to 2.8%.

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Featured Insights: Current U.S. MarketBeats

Q4 2019 U.S. Office MarketBeat Snapshot
MarketBeat • Office

Office Reports

Remarkably stable vacancy rate reflects solid demand in the fourth quarter of 2019.
Revathi Greenwood • 1/16/2020
Q4 2019 U.S. Industrial MarketBeat Snapshot
MarketBeat • Industrial

Industrial Reports

After a slow start to the year, the industrial market finishes the decade strong.
Carolyn Salzer • 1/16/2020
Q4 2019 U.S. Retail MarketBeat Snapshot
MarketBeat • Retail

Shopping Center Reports

2019 ended on a positive note with consumer spending rising at a healthy pace and retail sales up.
Garrick Brown • 1/17/2020


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