Minneapolis/St. Paul – 2019-2020 Commercial Real Estate Value Trends
Simonson Real Estate
JANUARY 23, 2020
Medical office, on campus properties are more desirable in terms of rents, vacancy and cap rates. Life insurance companies use $/SF as one of the valuation loan metrics for medical office. 2010 – 2019: 40,000+ units delivered (market/affordable). 2010 – 2019: 31,000 affordable unit deficit. New Supply. Rent Growth.
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