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Minneapolis/St. Paul – 2019-2020 Commercial Real Estate Value Trends

Simonson Real Estate

An example is the Hydes Development in Fridley industrial property where they put together food truck Fridays, happy hours, etc. Lowest volume since 2013. Xcel Energy building constructed in 2016 totaling 222,000 square feet sold for close to $500/SF with a mid-5.5% Midway Field, with Allianz Field development.

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WILL WAR IN UKRAINE IMPACT OUR HOUSING MARKET?

Will Springer Realtor

Soaring costs of labor and construction materials is certainly contributing to the rising figure but there is evidence of a sharp increase in home improvements since the start of the pandemic. Developers can build only so many new homes at a time! Most notable, Senate Bill 5713 would provide a property tax exemption until Jan.