Category Archives: Uncategorized

Minneapolis-St. Paul is densifying faster than the rest of the nation; #3 among all large metros

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JLL Minneapolis – St. Paul Snapshots:
Minneapolis-St. Paul is densifying faster than the rest of the nation; #3 among all large metros

Change in average neighborhood density, 2010 to 2016

Change in average neighborhood density, 2010 to 2016

  • Since 2010, average neighborhood density rose in only 10 of the nation’s 51 metro areas that have a population of at
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Turning points in market dynamics will provide law firms with enhanced opportunity ahead

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JLL’s Law Firm Outlook Highlights | 2016 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 first half of 2016. However, year-to-date growth in GDP, jobs and other economic indicators have been less consistent than in 2014 and 2015, with employment gains varying increasingly on a monthly basis and inflation stubbornly low due to… Read More

Minneapolis commuter behavior shifts since 2010

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JLL Minneapolis – St. Paul Snapshots:
Minneapolis commuter behavior shifts since 2010
MplsJLL-SnapshotCommuterGrowth

Graph of Minneapolis commuter modes of transportation

  • According to the U.S. Census Bureau from 2010 to 2015 individual drivers still made up the largest volume of commuter growth, adding nearly 9,500 drivers totaling 133,113 per day.
  • Walking and biking modes have gained collectively twenty-five
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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… Read More

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Life Sciences Report: A Constantly Evolving Industry

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Life Sciences in 2016: A constantly evolving industry

The United States life sciences sector is constantly changing and it is
impacting all aspects of the industry. The overall cost of operating is
rising due to increased lab rents in top-tier clusters, R&D costs and
higher wages for skilled employees.

JLL has researched and concluded that these are the four major industry themes in 2016:

#1: Strategic hunt for revenue growth
The United States saw M&A activity soar… Read More

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JLL Minneapolis Office Insight | Q3 2016

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Q3 2016 Office Insight:
BTS Developments Usher in Negative Absorption Rates

Xcel Energy and Wells Fargo employees relocate to new digs
This quarter saw unprecedented levels of negativecbd-bldgs-w-significant-negative-q-absorbtion absorption due to some new
build-to-suit (BTS), single-tenant buildings. Opus delivered Xcel Energy’s headquarters at 401 Nicollet Mall last quarter and Q3 saw the consolidation of employees formerly spread across multiple buildings. Wells Fargo has… Read More

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