data
bites

Increased RTO mandates result in strong YoY recovery in MSP Return-to-office mandates fuel MSP HQ attendance surge of +11.4% YoY, signaling a market shift and leasing uptick through 2026...

MSP office market to see attendance boost? Office-using job postings show a promising trend. In this data bite, we looked at the trailing 12-month job posting volumes for office using industries....

Suburban superiority? MSP suburbs’ growth amidst new baseline In this data bite, we took a closer look at MSP’s H1 leasing by urban and suburban submarkets from 2015 to 2025. From 2015 to 2019...

Minneapolis-St. Paul's industrial vacancy is even tighter than it may seem Taking a closer look at the MSP industrial market’s total vacancy rates by build date....

Office busyness in MSP: is this new normal here to stay? Office busyness in the U.S. and Minneapolis–St. Paul has steadily risen post-2020, now plateauing near pre-COVID levels—signaling a new...

MSP office visitation is notably bifurcated by asset class Explore how office visitation trends reveal a strong preference for high-quality spaces, with Trophy/Class A outperforming B/C...

Small space users remain active amidst low MSP leasing activity In this data bite, we took a closer look at the Minneapolis – St. Paul Q1 2025 leasing activity by various lease size buckets in...

MSP office sublease market sees stabilizing availability In this data bite, we took a closer look at the Minneapolis – St. Paul sublease availability and its stabilization that we have observed...

Established MSP industrial properties maintain strong tenant retention In this data bite, we took a closer look at the industrial property occupancy rates by analyzing our tracked AY inventory by...

MSP’s office market could see 260 bps reduction in vacancy following office to residential conversions identified in St. Paul’s downtown In this data bite, we took a look at the potential market...

MSP office leasing congregating in next-newest tier of buildings In this data bite, we looked at the historical leasing volume by different office building construction eras. In the post-pandemic...

Comparing sublease and direct office availability in the MSP area In this data bite, we looked at the MSP Available Sublease Office space landscape and analyzed the decline in volume since peaking...

Higher quality offices command larger leases in Minneapolis – St. Paul In this data bite, we analyzed the changes in the average lease size each year since 2019 in office leases within high-quality...

Flight to “Experience” a prevalent theme in MSP office activity In this data bite, we took a look at the evolving “flight to experience” by analyzing Trophy & Class A and Class B & C visitation...

Breaking down MSP’s desirable office space In this data bite, we took a closer look at MSP’s available office space. We categorized available space as desirable & undesirable, with undesirable...

MSP Office market performance shows flawed space utilization In this data bite, we utilized Placer.ai data via the new AY Office Busyness Index to analyze MSP’s office visitation recovery since Q3...

Analyzing office visitations vs. leased office space across MSP In this data bite, we utilized Placer.ai data via the new AY Office Busyness Index to analyze MSP’s office visitation recovery since...

MSP office users favor going into the office early in the week In this data bite, we utilized Placer.ai data via the new AY Office Busyness Index to analyze changes in MSP’s office visitation level...

MSP Office visitation experiencing segmented recovery In this data bite, we utilized Placer.ai data via the new AY Office Busyness Index to analyze changes in MSP’s office visitation level in...

Examining Changes in MSP’s Office-Using Commuter Preferences Utilizing Placer.ai data, Avison Young analyzed select areas of the MSP Office Market (Minneapolis CBD, St. Paul CBD, & West End) to...

MSP’s retail market continues to tighten post-pandemic We analyzed the Minneapolis – St. Paul Retail Market’s annual net absorption and vacancy rate to give some context to the continued...

Newer construction has continued to see positive net absorption over the past 7 years within the MSP office market In 2024 YTD, net absorption has turned positive, primarily driven by office...

While traditional office occupying job creation is declining, healthcare remains a bright spot within Minneapolis Analysis of Minneapolis job postings over 6 years shows a decline following...

Traffic into Downtown Minneapolis and St. Paul continues to rebound Vehicular and pedestrian traffic is on the rise in Downtown Minneapolis and St. Paul...

Minneapolis developers increasingly aim to position office assets Indicative of the poor demand for office assets, nearly two-thirds of office space traded during 2023 was bought with the...