<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=669891663901487&amp;ev=PageView&amp;noscript=1">
Skip to content

    The Minneapolis Commercial Real Estate Lansdcape is Changing

    Minneapolis real estate is currently seeing shallow supply levels, with the exception of office space. Retail and industrial asset demand is especially high, which has been the case throughout 2021. Moreover, property values across all asset types have soared in the last few months in no small part due to inflation at a national level.

    What’s New?


    There has been a notable uptick in suburban community populations in the Twin Cities providing a plethora of opportunities for developers. 

    Read More

    In Minneapolis, developers and owners are pressing against the city council’s proposal to limit rent escalation schedules to 3% annually. Developers are concerned about taking on additional multifamily developments and have halted some projects. With inflation levels reaching an annual 6.8% in the 12 months ending November 2021, multifamily owners and operators understand that they would be losing money once they discount cash flows and account for inflation.

    Read More

    Exciting Projects Transforming Minneapolis


    Hines is acting as the developer on a mixed use project dubbed the North Loop Green 3. The project costs over $200M and includes 350,000 square feet of creative office space, 350 luxury market rate and 100 short-term rental residences, 17,000 square feet of food and beverage offerings, and a one-acre public green space. This transit-oriented project is strategically located in proximity to downtown Minneapolis.

    Read More

    Ryan Companies and Arcadia LLC are working together on the Eleven Condo Tower, a 41-story luxury condo tower.  When completed, it will be the largest residential building in Minneapolis, with units starting at $900,000.

    Read More

    Click me



    Other posts you might be interested in

    View All Posts

    Subscribe to our Newsletter

    Never miss a real estate development beat.