Category Archives: Technology

Minnesota leaps five spots; now ranks as seventh top tech state

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JLL Minneapolis – St. Paul Snapshots:
Minnesota leaps five spots; now ranks as seventh top tech state

MN a top tech state

• According to Milken Institute’s State Technology and Science Index of 2016 Minnesota jumped five spots into the top ten. This move puts the state within the top ten for the first time in more than ten years.
•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, and web publishing/search.
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Energy Outlook 2016 | North America

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JLL’s top five key themes impacting energy markets To receive the full report, email the Minneapolis Tenant Representation Team Theme one: Macroeconomics factors influencing energy markets

Despite low oil prices, the U.S. marked its fourth year as the world’s top
producer of petroleum and natural gas in 2015, accounting for over twice
the production of Saudi Arabia, according to the U.S. Energy Information
Administration (EIA). Significant supply increases in the U.S. are directly
attributable to production… Read More

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 San Francisco – I
  • Read More

Medical device venture capital dominates suburbs while medical software lands in CBD

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JLL Minneapolis – St. Paul Snapshots:
Medical device venture capital dominates suburbs while medical software lands in CBD
Medical device venture capital JLL Minneapolis

Map of top 30 most recent med-tech deals funded by V.C.

• Closing out 2016, Minnesota’s venture capital-backed medical technology economy ranked 2nd in the country, only bowing to tech mecca San… Read More

Who will build the next office development in the North Loop?

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JLL’s Chart of the Week:
Who will build the next office development in the North Loop? North Loop Proposed Development
Sources: JLL Research

Of all the speculative development occurring in the Minneapolis CBD, 4 out of 4 projects are occurring outside the traditional downtown zone. And unlike the skyscrapers that dot Nicollet Mall, these new projects range… Read More

Office Product to the NW of Nicollet Mall Continues to Fare Better Than the SE

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JLL’s Chart of the Week:
Office Product to the Northwest of Nicollet Mall Continues to Fare Better than the Southeast Office Product around Nicollet Mall
Source: JLL Research

Office product in the CBD area northwest of Nicollet Mall has historically performed better than the southeastern part of the CBD, and that trend has only become more… Read More