Despite a year of increasing office vacancy rates due to remote work, real estate experts are optimistic about growth in this market and in others that were able to weather the pandemic.
The real estate outlook is improving, with new leasing activity on the rise, potential tenants demanding spec suites and people continuing to purchase new homes. Experts discussed current real estate market conditions and outlook during a virtual panel held by the Minnesota Dakotas Chapter CCIM on Tuesday.
The vacancy rate in the Twin Cities office market was 21.5% last quarter a figure that’s widely expected to increase as companies continue adopting remote work policies as well as subleasing and shedding space, said Katie Tufford, a senior director and broker with Cushman & Wakefield.
(Moohead, MN) – Lake Agassiz Habitat for Humanity will celebrate its 30 th year of building simple, decent and affordable homes, by building 4 homes across the greater Fargo-Moorhead area. The four builds this year will be: Faith Build - The home builds will begin in June with the annual Faith Build, a partnership between LAHFH, Thrivent Financial and area churches:
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Lutheran Social Services of North Dakota files bankruptcy to pay off creditors inforum.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inforum.com Daily Mail and Mail on Sunday newspapers.