• Asking rates are 14.4% higher than the 10-year average
  • The Nordic and 201 Irving completed in Q2, and 2019 will see the most new construction in the Minneapolis market in a decade
  • The much-anticipated 33-story Gateway Tower broke ground in Q2
  • Leases in renovated and repositioned buildings drove 193,729 sq. ft. of positive absorption in the Minneapolis CBD
  • The 1.1 million sq. ft. Wells Fargo Center sold for $313.6 million, a near-record for the Minneapolis market