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Minneapolis MarketBeat Reports

Patrick Hamilton • 10/16/2020
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.

 

Upon the arrival of COVID-19 in the U.S., the economy entered a recession in March 2020, recording the worst decline in post-war history in Q2 2020. Mounting evidence indicates that the recovery began in May or June with Q3 2020 data likely reflecting that. But, until there is a public health resolution to the pandemic, the recovery is likely to remain uncertain and gradual. Only then can households and businesses become more confident.

Current Marketbeats

Office MarketBeat Report
Q3 2020 Minneapolis Office Report

Overall vacancy in Minneapolis-St. Paul increased 200 basis points year-over-year to 19.1% in the third quarter of 2020. 

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Industrial MarketBeat Report
Q3 2020 Minneapolis Industrial Report

New construction projects in the Minneapolis industrial market continue to deliver with significant pre-leasing in place, partially driving a continued increase in positive absorption which is nearly 1.9 million square feet (msf) year-to-date. 

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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

Q3 U.S. Office MarketBeat Report Card Image
MarketBeat • Office

Office Reports

Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Kenneth McCarthy • 10/14/2020
Q3 U.S. MarketBeat Industrial Report Web Card Image
MarketBeat • Industrial

Industrial Reports

Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Jason Tolliver • 10/8/2020
Q3 U.S. Retail MarketBeat Report 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 • 10/14/2020

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