Industrial demand remains strong

Industrial demand remains strong Main Photo

27 Dec 2021

News, Todd, Wright Hennepin

Minnesota’s industrial market saw heightened activity this year — a continuation of the trend from last year.

The Blackstone Group topped portfolio transactions again in 2021 with a 22-building acquisition worth $247 million in April. But Nicola Wealth’s first foray into Minnesota real estate nearly reached this amount, with its 22-building portfolio hitting $225.745 million. No other industrial portfolio or individual transactions reached nine figures this year.

Click here to view the original article from Finance & Commerce.