WELCOME TO NEW HIRE WHO’S A PRO AT BUILDING BUSINESS

Posted by carlson on April 11, 2018 in Uncategorized

We’re excited to welcome a new member to the Carlson Commercial team. Connor Nichols is joining us as an associate, bringing with him the entrepreneurial spirit and positive energy that we know will translate into success for our clients. Connor started his career early and has shown a remarkable amount of persistence and natural savvy […]

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STRONG INDUSTRIAL PERFORMANCE IN 2017 POSITIONS THE TWIN CITIES MARKET FOR THE YEAR AHEAD

Posted by carlson on March 22, 2018 in Market Update, Uncategorized

Vacancy and Absorption Trends 2017 ended strong for the Twin Cities industrial market. The 4th quarter saw 1.1 million square feet of positive absorption, which was by far the strongest quarter of the year. Net absorption totaled 2.36 million square feet for the year. This puts 2017 slightly below the positive pace of 2016 and 2015 […]

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TWIN CITIES OFFICE MARKET EXPERIENCES NEGATIVE ABSORPTION IN 2017

Posted by carlson on February 28, 2018 in Market Update

Economic Overview According to the Bureau of Labor Statistics, the unemployment rate in the Twin Cities metropolitan statistical area (MSA) decreased 0.7 percentage points from 3.7% at the beginning of 2017 to 3.0% as of December 2017. The year-end unemployment rate compares favorably to Minnesota (3.1%) and the U.S. (4.1%) yearend figures. The Minneapolis-St. Paul MSA’s non-farm employment increased by 51,200 jobs over the past year. Office […]

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GET READY FOR BOMA’S NEW OFFICE STANDARDS

Posted by carlson on October 5, 2017 in Market Update

The Building Owners and Managers Association (BOMA) will be releasing a new version of its Office Standards this fall. The most significant changes will address how building measurements will be calculated. Proposed changes include additions to what’s considered to be “rentable areas.” Areas such as balconies and rooftop terraces and the lowest levels of vertical […]

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CARLSON COMMERCIAL TAILORS RELOCATION SOLUTION FOR BURSTING-AT-THE-SEAMS APPAREL COMPANY

Posted by carlson on August 21, 2017 in Case Study

Carlson Commercial provided a strategic role in securing a new, long-term lease and successful build-out for booming Creative Apparel Concepts (CAC). CAC is a global leader in the design, manufacturing and distribution of “trend-right” garments for men, women and children. CAC moved into its larger, customized headquarters at 10100 89th Avenue North, Maple Grove, MN, […]

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