Minneapolis commercial real estate
The Avison Young Minneapolis office provides commercial real estate services to property owners and occupiers
Avison Young Minnesota offers a full suite of commercial real estate services to best meet the needs of our customers and clients. Centrally located in the Twin Cities, we readily serve the metropolitan area, and greater Minnesota and Wisconsin.
Our experienced team of commercial real estate advisors cover all major industry sectors including office, industrial, retail, multi-family, and hospitality. Our services include but not limited to, consulting, capital markets, leasing, property management, and project management.
Avison Young is grounded on a unique foundation of partnership. Our Principals are both the owners and leaders - the shareholders and team managers - of our business. This model allows us the freedom to configure and re-shape our team and expertise around your business demands, ensuring that your commercial real estate needs will always be met.
Minneapolis commercial real estate services
Avison Young’s brokerage teams in Minnesota have consistently completed major leasing and sales transactions across all asset types. We’ve worked on the behalf of tenants, landlords, investors, vendors, and buyers alike, including many large national and international corporate clients.
Whether you are an owner, investor, occupier, or developer, our team delivers results aligned with your strategic business objectives, supporting real estate initiatives that add value and build a competitive advantage for your organization. Pair our commercial real estate experts’ critical market knowledge with the best technology in the industry, and you will gain solutions carefully tailored for you.
Minneapolis commercial real estate news
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Avison Young appoints Jarret Horst as Project Management Lead for both national Healthcare and the Mid-Atlantic regionJune 3, 2026 -
Avison Young strengthens U.S. Project and Construction Management platform with new leadershipMay 28, 2026 -
Avison Young taps industry veteran Scott Carter to lead Texas healthcare real estate platformMay 26, 2026 -
Avison Young bolsters brokerage services in New York City with five new hiresMay 13, 2026
Minneapolis commercial real estate insights
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
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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. This gives an interesting graphic that details office-using job posting dropped significantly throughout the pandemic, spiked in the initial recovery phase immediately following the pandemic, saw an overcorrection phase of plummeting office-using job postings volume as many employers embraced hybrid and remote work models, and is now experiencing a period of steady improvement, with multiple months of positive contributions and increasing YoY growth rates. This surge is driven largely by onsite job growth in MSP’s professional services sectors, including over 50% increases in the consulting, research, accounting and recruiting, and engineering, architecture, construction, and building materials sectors, compared to national growth of 25% and 10%, respectively.
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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 (pre-COVID), H1 leasing volume averaged 2.99 msf, nearly 700 ksf more than the post-COVID average of 2.29 msf recorded between 2020 and 2024, which appears to be indicative of the market’s new baseline of average H1 leased space. In the first half of 2025, suburban submarkets accounted for 73.8% of leased space—the highest share recorded in any year of the survey. However, this disparity is not anticipated to continue growing, as urban submarkets should experience a boost in interest corresponding with large downtown employers, such as Target, US Bancorp, and Ameriprise Financial increasing RTO policies going into effect in the second half of the year.
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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.
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