Category Archives: Tenant Representation

Where are all the Workers?

0 CommentsBy

The U.S. labor market is experiencing a chronic labor shortage. At the start of the decade unemployment numbers rivaled that of the Great Depression; however, we now have a ravenous job market with a significant labor shortage. As of January 2018, approximately 6.3 million positions remained open, but unfilled – a record high.

How did this… Read More

What trends are driving the Life Sciences in Minneapolis?

0 CommentsBy
Tight markets drive new real estate solutions

Minneapolis/St. Paul perspective: Although considered a secondary market on a national scale, Minneapolis boasts a very active Life Science community and competition for space is heightened. Decreasing vacancy rates are pushing companies to align real estate opportunities and space trends to attract and retain top talent in

Read More

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

0 CommentsBy
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
  • Read More

JLL Fringe Market Report: North Loop – Warehouse District

0 CommentsBy

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

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

0 CommentsBy
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… Read More

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

0 CommentsBy
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… Read More

Shifting landscape offers opportunity for investors

0 CommentsBy

Q3 2015 Office Insight (image)

Click here to view all Q3 2015 Minneapolis Office Market Reports

Minneapolis CBD leads in large leasing deals
Vacancy rates in Minneapolis CBD continue their trend of shrinking every quarter. Vacancy at IDS Center declined 250 basis points since 2014 and the building now has its lowest quarterly vacancy in recent years. The demand for premium downtown office space is substantial and even co-working firms are getting in on the craze. Recently, two shared-space companies out of Chicago, Industrious and Assemble, leased a collective 36,000 sf with plans to rent out collaborative workspace to entrepreneurs and small firms by end of year. … Read More