About The Compass Report

Compass is an award-winning research report that provides exclusive market research and insight on commercial real estate in the Twin Cities. This report provides an in-depth analysis of commercial real estate conditions in the Minneapolis-St. Paul metro area for the office, industrial retail, medical office, hotel, land, multifamily leasing and investment sales markets.

Published bi-annually, the report provides a market recap of the past six months, as well as an outlook for the coming six.


  • Executive Summary
  • Eight Property Type Reports
  • 11 Submarket Reports

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Twin Cities Absorption Exceeds Expectations in Dynamic, Competitive Commercial Real Estate Market

The Twin Cities multi-tenant commercial real estate market exceeded expectations in the first half of 2018, outpacing projected absorption by about 20 percent even as the retail and office sectors slowed significantly. At the end of June, the market's multitenant properties had a measured vacancy rate of 10.6 percent, two basis points lower than six months prior.

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For more about the local market, download our updated Twin Cities Market Overview

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