Market Highlights and Reports

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Moving on Down?  As into downtown!!

The trend continues with companies both large and small looking to exchange their open landscape views and free parking in suburbia to the hustle and bustle of downtown Minneapolis, Uptown, and the North Loop submarkets.

The most recent large corporate announcement has Select Comfort leaving their 159,000 square foot suburban office building in the northeast corner of Plymouth along Highway 169 to move into downtown Minneapolis.  Select Comfort’s future building is more than a few blocks from Nicollet Mall on the corner of 3rd Avenue and 9th Street, but clearly the company is considering the ongoing generational shift, staffing concerns, and access to labor and mass transit that have caused many other notable companies to leave the burbs and move into “metropolis”.

Other notable companies that have made moves into the core are Arctic Cat (into the North Loop) and ECMC (downtown), and Varde Partners (downtown).

For details about the office and industrial markets, simply click on our most recent market report below.

Twin Cities Market Reports

Twin Cities Third Quarter 2016 Office:  ITRA Global 3rd Qtr 2016 Office Report Twin Cities

Twin Cities Third Quarter 2016 Industrial:  ITRA Global 3rd Quarter Industrial Market Report Twin Cities

Twin Cities Second Quarter 2016 Office and Industrial:  ITRA Global 2nd Quarter Office and Industrial Report Twin Cities

Twin Cities First Quarter 2016 Office and Industrial: ITRA Global-Mpls-StPaul 2016 1st Quarter Market Report Twin Cities Combined

 

 

 

 

 

 

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