Category Archives: Agency Leasing

Minneapolis/St. Paul commercial tax rates result in business growth

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Minneapolis/St. Paul commercial tax rates result in business growth

The Minneapolis/St. Paul area is a hotbed of activity that not only helps us make a name for ourselves in the Midwest, but also puts us on par with other more populous areas. For example, our budding tech industry, high residential multi-tenant occupancy… Read More

Record breaking years for Minneapolis CBD multi-tenant office sales

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Record breaking years for Minneapolis CBD multi-tenant office sales

Minneapolis is transforming to encourage people to live, work and play in downtown. Nicollet Mall is undergoing redevelopment to increase its vibrancy by adding pedestrian-friendly features. Target Field, U.S. Bank Stadium and Target Center are attracting sports and entertainment after hours. Many new residential properties have sprung… Read More

New development turns focus outside of the Minneapolis CBD core

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New development turns focus outside of the CBD core
Minneapolis building development by the decades

Minneapolis building development by the decades

Over the years, the Minneapolis CBD has enjoyed a steady increase in office inventory fueled by surges in new construction. Each decade since 1970, Minneapolis CBD has averaged 5.15 million square feet… Read More

Average office holding period average 6.1 years

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JLL Minneapolis – St. Paul Snapshots:
Average office holding period averages 6.1 years; holding length continues to decline after 2015 peak

Average office holding period

•In the Minneapolis – St. Paul market the average holding period for office sales of at least $25 million has trended sideways with year-over-year fluctuation from 2012-2016.
•The year 2015 marked the… Read More

Minneapolis among nation’s top metros for total tech job growth, #3 in Midwest

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JLL Minneapolis – St. Paul Snapshots:
Minneapolis among nation’s top metros for total tech growth, #3 in Midwest
Tech Job Growth

Top twenty metros with the largest absolute increase in tech jobs, 2013-2015

  • Brookings recently analyzed job creation in four key digital services industries: software publishing, data processing and hosting, computer systems design,
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JLL Fringe Market Report: North Loop – Warehouse District

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North Loop - Warehouse District - JLL Fringe Report

We all know that the North Loop – Warehouse District are hot right now for tech talent. Take a look at this additional info:
  • Nearly 1/5 of the tenants are tech companies – see JLL’s Q4 Warehouse District Submarket Report
  • The size of our tech employment in Minneapolis is bigger than
  • Read More

JLL Minneapolis’ Law Firm Report | 2016

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A turning point in market dynamics provide firm will enhanced opportunity ahead for the Minneapolis Law Firm sector.

sentiment

Overall, The U.S. economy remains the anomaly among mature and emerging markets in its relative stability despite global economic uncertainty. The domestic economy has weathered a number of potential shocks throughout the… Read More