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Cushman & Wakefield closes nearly 45,000 square feet of office leases at 15 Building in Minneapolis – REJournals

Cushman & Wakefield closes nearly 45,000 square feet of office leases at 15 Building in Minneapolis – REJournals
rejournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rejournals.com Daily Mail and Mail on Sunday newspapers.

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Fox Rothschild moving to City Center, leasing some Target space - Minneapolis / St. Paul Business Journal

Fox Rothschild moving to City Center, leasing some Target space - Minneapolis / St. Paul Business Journal
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Experts assess how real estate looks after COVID


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. ....

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