Minneapolis was chosen as the host city for the 2018’s big game in 2014, a full two years before the new US Bank Stadium was even completed. When the stadium was fully erected in 2016, construction of the US Bank Stadium totaled $1.13 billion. Investment in the surrounding area has added up to over another… Read More
After the purchase of your office building, you don’t just want someone to simply “manage” it. Instead, you must look for a valued partner who differentiates your assets to improve occupancy, increases your net operating income and maximizes your real estate performance.
Finding the right partner to manage your property can be daunting. Here’s what to… Read More
We recently released our annual “Most Expensive Streets” study, which takes a look at the priciest office space in America. The average rent on these streets is $48.65 per square foot. This represents a 46.9 percent premium compared to the rest of the country. Right here in the Twin Cities, our… Read More
How do you get a building up and running quickly soon after the sale? You turn to JLL’s Property Management Services team. Onward Investors quickly learned the value of partnering with our skilled team, which now handles more than 19 assets and 2.5M square feet and supports their acquisition and due diligence of new office assets.
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
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 CBD core
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
JLL Minneapolis – St. Paul Snapshots:
Minneapolis is #1 for Millennial homeownership among all large metros
• Not all Millennials are living in their parents’ basement and eating avocado toast. Nationally, 32.1% of people aged 18 to 35 years own their own house or condo. Minneapolis-St. Paul is the leader among all large metros with… Read More