Minneapolis CBD Retail Shake-up Continues with Added Vacancies

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JLL’s Chart of the Week:
Minneapolis CBD Retail Shake-up Continues with Added VacanciesMinneapolis CBD Retail

Over the last year and into 2017 the Minneapolis CBD Retail including, Macy’s, Sports Authority and Barnes & Noble, each occupying 20,000 square feet or more have announced their departure. New York-based 601 W Companies’ acquisition and plan to redevelop former Macy’s building alludes to a market consensus where excess space will be best suited for diversified mixed use.

Source:  JLL Research

Click to download JLL’s Chart of the Week: January 9, 2016

 

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