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Minneapolis MarketBeat Reports

Patrick Hamilton • 7/17/2020
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 COVID-19 pandemic struck the U.S. in March 2020, late in the quarter but with enough time to have a significant impact on first quarter market fundamentals. In the second quarter of 2020, the U.S. economy felt its effects more fully, as government-mandated shutdowns along with shelter-in-place ordinances pushed the country deeper into recession.

Current Marketbeats

Office MarketBeat Report
Q2 2020 Minneapolis Office Report

Leasing activity in the Minneapolis-St. Paul office sector remained steady through the first quarter of 2020 before pausing in the second quarter. Overall absorption finished a positive 198,681 square feet in the second quarter.

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Industrial MarketBeat Report
Q2 2020 Minneapolis Industrial Report

Minneapolis industrial absorption remained positive in the second quarter as new construction projects delivered with tenants in place and leases signed in late 2019 and 2020 commenced.

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Retail MarketBeat Report
Q2 2020 Minneapolis Retail Report

Direct vacancy rate at mid-year was 9.5% in the Twin Cities with first-half 2020 absorption virtually flat.

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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

Q2 2020 U.S. Office MarketBeat Card Image
MarketBeat • Office

Office Reports

Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Kenneth McCarthy • 7/14/2020
Q2 2020 US Industrial MarketBeat Card Image
MarketBeat • Industrial

Industrial Reports

Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Jason Tolliver • 7/9/2020
Q2 2020 US Retail MarketBeat Card Image
MarketBeat • Retail

Shopping Center Reports

Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Garrick Brown • 7/14/2020

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