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United Properties' Outlook Market Research Report provides an in-depth analysis of commercial real estate conditions in the Twin Cities. The report reviews the office, industrial, retail, medical office, multi-family leasing and investment sale markets.
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Our market research report is prepared by experts for our clients and prospective clients in January and July. To request access to Outlook Online, please complete the following form. You will be notified by e-mail when your request has been processed.
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BUILDING AN INDUSTRIAL-STRENGTH FOUNDATION
Increased activity in the industrial market has spurred conversations about the benefits of a strong industrial base not only for individual communities, but also for the metropolitan area as a whole.
Review third-quarter market and transaction activity by submarket
Twin Cities office and industrial property landlords are in a position to raise rental rates at an accelerated pace over the next six to 12 months, with higher-quality Class A office properties and office-showroom industrial properties leading the way. New demand for space, supported by continuing economic growth, will quicken the pace of rental rate increases. New construction activity is also impacting rental rates: in addition to higher land costs, construction costs are 25-30% higher than a decade ago, and the new properties coming to market are priced accordingly.
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