Minneapolis/St. Paul – 2019-2020 Commercial Real Estate Value Trends
Simonson Real Estate
JANUARY 23, 2020
Labor costs continue to climb for retailers, both from cities and states raising minimum wage requirements and tight labor market. Often times, the tenant is able to rationalize these locations with part of the costs allocated for marketing. Blackstone and Prologis control 10% of the industrial market nationally.
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