Minneapolis Industrial MarketBeat Q1 2026
Cushman & Wakefield's Minneapolis Industrial MarketBeat Q1 2026 report tracks market conditions across a 360.9 million square-foot industrial portfolio, reporting a 4.9% vacancy rate, net absorption of -366,000 square feet, and asking rents of $8.54 per square foot, with manufacturing users accounting for 55.6% of new leased space and speculative construction limited to under 250,000 square feet delivered and approximately 627,000 square feet under construction. Investor sentiment shifted toward smaller multi-tenant infill assets with diversified tenant rosters, while local unemployment remained stable at 3.8% in Q4 2025, 50 basis points below the national average, and new leasing held steady at approximately 2.2 million square feet quarter-over-quarter.
Published by Cushman & Wakefield. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Cushman & Wakefield
- Obtained from
- Unknown: source not established
- Published
- Mar 31, 2026
- Last updated
- Jun 28, 2026 (1 month ago)
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