May 2018

Found 2 blog entries for May 2018.

Younger Workers Fuel Growth of Minneapolis Apartment and Office MarketsAfter an especially long winter, there seems to be good reason to be optimistic about the future of commercial real estate, especially office space, in downtown Minneapolis, according to April reports. The urban core, apparently, is where workers want to be.

The buzz for a couple of seasons now has been that the current cycle is in its end stages. Since it is common wisdom that real estate is cyclical, that led to some foreboding and "what if" discussions. However, there is now, based on data from the National Real Estate Institute, ample reason to believe that the good times are not slated to end just yet, particularly in the office sector. The expectation is upbeat; forecasts remain bullish for rents and occupancies.

Investor Outlook for

134 Views, 0 Comments

Minneapolis Light Rail Extensions Face Logistical Funding ProblemThe Green Line was a huge success story for the Twin Cities. In 2014, when the light rail line connected Minneapolis and St. Paul, there was cause for celebration. And the cities have been enamored by the 11-mile stretch of track—dubbed the Green Line—that brought the two cities together for the first time in more than 60 years. On the first day, more than 45,000 people rode from one downtown to the other, with stops at 23 stations in between.

It was a day to remember, but getting to that point was not without controversy. It took more than eight years of active planning and actual construction, not to mention decades of political maneuvering. St. Paul was hesitant and hard to bring "on board" during the planning, partly because the bulk of the

145 Views, 0 Comments