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MSP Industrial Advisors

The MSP Industrial Advisors has established itself as one of the top industrial sales and leasing teams in the Minneapolis-St. Paul commercial real estate market. David and Chris have extensive experience in all facets of the industrial market, including representing landlords and tenants. They assist their clients with owner/occupier sales and acquisitions, new developments and investment sales. They have the  resources, processes and  proven track record to support clients in maximizing operational efficiency and minimizing occupancy costs. The MSP Industrial Advisors will develop and implement a comprehensive plan that aligns with your firm's strategic objectives.

Focused primarily on the Minneapolis-St. Paul industrial market, the MSP Industrial Advisors provides a complete range of commercial real estate services impartially representing tenants, landlords, buyers and sellers in the marketplace. We combine the resources and proven reputation of a global brand with decades of local, market-leading expertise to provide added value for our clients.

We take the time to completely understand our clients' short and long-term business goals, allowing us to provide our clients with custom tailored industrial real estate solutions. Our seamless and consistent approach provides complete business solutions, improves shareholder values, and maximizes cost saving opportunities.

Current Marketbeats

Office MarketBeat Report
Q3 2022 Minneapolis Office Report

Sublease space in the Twin Cities market registered another marginal QOQ increase of 2.1% in Q3 2022.

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Industrial MarketBeat Report
Q3 2022 Minneapolis Industrial Report

The Minneapolis-St. Paul industrial market through Q3, just over 9.6 msf of new leases were signed as overall vacancy declined 80 bps year-over-year (YOY) to 3.0%.

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Retail MarketBeat Report
Q4 2020 Minneapolis Retail Report

In aggregate, average asking rates in the Twin Cities retail market remained stable despite the uptick in vacancy recorded at year-end. Rents will start to decline if the vacancy rate continues to climb.

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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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Recent Transactions

Lexington (imagE)
Lexington Preserve I

Size: 187,000 SF
Location: Blaine, MN
Lexington (imagE)
910 Hastings Ave

Size: 72,000 SF 
Location: Newport, MN
Lexington (imagE)
Highcrest II

Size: 72,000 SF
Location: Roseville, MN
Lexington (imagE)
7301 Northland Drive

Size: 89,000 SF
Location: Brooklyn Park, MN
Lexington (imagE)
3641 Marshall Street NE

Size: 76,000 SF
Location: Minneapolis, MN
Lexington (imagE)
375 Rivertown Drive

Size: 195,000 SF
Location: Woodbury, MN

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