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Pandemic takes toll on southern Minn office market

Pandemic takes toll on southern Minn. office market Pandemic takes toll on southern Minn. office market By Marissa Voss | February 18, 2021 at 5:57 PM CST - Updated February 18 at 7:10 PM MANKATO, Minn. (KEYC) With so many people working from home, the offices they used to inhabit sit empty. In 2021, renters dropped 11.7%, according to Real Estate Information Services. With the decline in rent, the supply for single-use office spaces and drive-thrus have skyrocketed. Demand for small to mid-size industrial space is predicted to spike as well. Local real estate experts say more investors are coming into the marketplace, which could potentially be another bonus for this region.

B3m incentive cap deemed too low

B3m incentive cap deemed too low
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