Cushman & Wakefield: 2019 ends on strong note for Twin Cities CRE
31 Jan 2020
The commercial real estate marekt in the Twin Cities remained on a hot streak in the second half of 2019, with vacancies in the office, industrial and retail sectors continuing to fall.
Cushman & Wakefield, in its recently released Minneapolis/St. Paul Compass Report, said that at the end of the fourth quarter of last year, the vacancy rate across office, industrial and retail properties stood at a low 10.4 percent.
That’s down from 10.8 percent as of the end of the first six months of 2019.
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