The Rokos Minute
Expert commercial real estate advice from
award-winning brokers.
One of the most common questions we get is, "What is going to happen to Downtown Minneapolis?" While the situation is complex, we can tell you that things ARE happening - and we have reason to be optimistic about the future of this vibrant city.
With a tumultuous 2022 behind us and 2023 underway, the commercial real estate market is poised for a number of changes. But what exactly is in store for the industrial market this upcoming year? Will demand continue to outpace supply? Will rates drop? And how would a recession affect this dynamic market?
The office market has no doubt experienced a variety of challenges and changes over the past few years. So, what exactly is the state of the office market at present? Are most employees back in the office? Are rates going up or down? And is there any optimism for future projects to move forward?
Many people assume that office rates everywhere are dropping due to the impacts of COVID-19 and remote work. With landlords under pressure, it would make sense that deals would get better for tenants and rates would go down. But is that actually the case?
With the onset of the pandemic and the subsequent surge in e-commerce, the industrial market went from slow and steady to altogether booming. But is industrial demand still high? And how is that affecting how the market is evolving as a whole?
Over the past several years, the healthcare real estate market has been heavily influenced by the COVID-19 pandemic. The market has continued to overcome challenges and adapt during these unique times. But what exactly is happening in this market?
When interest rates go up, property values tend to decline. In a matter of months, the Fed has increased rates from 0.25% to 2.5% - and it’s anticipated that they will climb even higher. So, what does that mean for real estate investors?
Since the onset of the pandemic, industrial users have been fighting to find space in a highly competitive market, causing rents to skyrocket and space to be in short supply. In this Rokos Minute, we cover why many are predicting that rates will continue to climb and why demand will stay high.
As we finally turn a corner with COVID, activity in the office market is accelerating as companies seek high-quality space, and the industrial market continues to boom.
Throughout the pandemic, the suburbs have seen the most leasing activity in the Twin Cities, and the West Office Market, located along the I-394 corridor, has continued to be a clear leader.
Over the past year, the Minneapolis-St. Paul market has faced the same challenges that all markets have faced as companies continue to navigate through various work from home policies. Despite these challenges, the Southwest office market has proven to be one of the strongest submarkets in the Twin Cities.
The onset of COVID-19 turned industrial product into one of the hottest assets in commercial real estate as markets have seen low vacancy rates, increased rent growth, and a need for new product.
The North Loop has proven to be one of the strongest submarkets in the Twin Cities. Despite a challenging year due to the COVID-19 pandemic, this Minneapolis neighborhood has continued to thrive.
Downtown Minneapolis has experienced a variety of challenges over the past year, leaving people wondering if it will ever return to normal. Although there is no definitive answer, movement seems to be trending in a positive direction.
Movement in the industrial real estate sector has skyrocketed over the past year largely due to the increase in e-commerce during the pandemic. But is the growth we saw during COVID a misleading indicator of future market movement?
In the past year, the COVID-19 pandemic has had a significant impact on healthcare delivery. Today we discuss the top healthcare trends impacting real estate.
Expert commercial real estate advice from
award-winning brokers.