Category Archives: St. Paul commercial real estate

A red-hot market? Data center business continues to boom

by Dan Rafter Microsoft, Oracle and a host of financial firms gobbled up big swaths of space in data centers across the Chicago market in 2016. These users helped make Chicago the third-busiest market for data center activity last year, … Continue reading

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Marcus & Millichap: Apartment market still sizzling as 2016 ends

by Dan Rafter Employers added more than 147,000 jobs from July through September in the Indianapolis market. That’s good news for apartment owners and developers: These jobs are drawing new people to the region, and these new residents need housing. … Continue reading

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The suburban apartment market is stronger than you think

Guest post by David Carlson, Redwood Capital Group Many real estate experts predicted that the multifamily market would run out of steam three years ago, and some are now saying they expect to see apartments take a dive next year.  … Continue reading

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Want your strip center to thrive? Find a grocery anchor

by Dan Rafter What’s the most important factor in whether a retail strip center succeeds or fails? For John Johannson, senior vice president in the Minneapolis-St. Paul office of Colliers International, it comes down to one key: a center’s anchor … Continue reading

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AppFolio: Apartment rents to keep rising, just not as quickly

  by Dan Rafter What word best describes the U.S. apartment market today? AppFolio, in its latest research report, points to “growth.” That’s the key word that the company, which provides property-management software, refers to in its 2016 Apartment Forecast … Continue reading

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Limited-service hotels leading the way in hospitality boom

  by Dan Rafter Is this the longest upswing in the Minneapolis hotel market in … forever? It just might be. Just ask Ronn Thomas, senior director of hospitality for Cushman & Wakefield/NorthMarq. “It’s pretty impressive how long this cycle … Continue reading

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Yardi Matrix predicting solid apartment rent growth in Kansas City, Nashville and Knoxville

by Dan Rafter Average apartment rents in the United States rose another $10 in June, marking the third straight month of double-digit gains, according to the latest apartment rent survey by Yardi Matrix. According to the Yardi Matrix survey of … Continue reading

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