Minneapolis commercial real estate

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.

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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.

 

Find Minneapolis properties for sale or lease

Search Avison Young’s Minneapolis commercial real estate listings for sale and lease to find the right commercial property for you. Our investment and leasing opportunities include office, industrial, warehouse and retail properties. 

Minneapolis commercial real estate news

SEE MORE Minneapolis REAL ESTATE NEWS

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 2019 by asset class. We cross-referenced the office visitation data with the market’s total availability rates by class and analyzed the relationship between the two datasets, as decreasing availability is expected to correlate with increasing office utilization. Despite this expected relationship, MSP’s office market has exhibited signs of flawed space utilization, with decreasing availability corresponding with declining office space utilization – a sign of potentially inefficient floor plans, underutilized spaces, and other flawed space utilization strategies.

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Busyness Index, Twin Cities, Q3 2024, Trophy, Class A,

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 Q3 2019. We cross-referenced the office visitation data with the market’s occupancy rates, which traditionally refers to the amount of leased space throughout the market, in order to identify the amount of office space in the market that is actively being paid for but is also sitting vacant.

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MSP, Visitations, leased, leasing, Office Busyness Index

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 by days of the week. This allowed us to draw insights on which days of the week properties are seeing employees going into the office more/less in 2024 compared to 2023, as well as overall visitation % recovery of pre-pandemic (June 2019) visitation levels. In general, MSP office users favor going into the office earlier in the week.

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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 urban/suburban high- and low-quality properties (Trophy/Class A, and Class B/C, respectively) from pre-pandemic (June 2019) and year-over-year (June 2023) to current visitation levels (June 2024). This allowed us to draw insights on which properties are seeing employees going into the office more/less in 2024 compared to 2023, as well as overall visitation % recovery of pre-pandemic (June 2019) visitation levels.

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high-quality, low quality, office building utilization, office visitation, urban and suburban markets, pre-pandemic levels,

Minneapolis commercial real estate consultants

Minneapolis office

1665 Utica Avenue South

Suite 300-E

St. Louis Park, MN 55416

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Tate Krosschell

Principal & Managing Director

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Our commercial real estate brokers and advisors leverage data-driven intelligence paired with deep Minneapolis knowledge. Connect with us to discuss how we can help you drive more value from your assets. 

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