Industrial Lease Expiration Checklist & Considerations

An industrial lease expiration can be daunting for any business. It often prompts several questions that take time and energy to answer. Our team at Cresa has been involved in helping companies answer these questions for over thirty years. To help our partners and clients organize their thoughts, we created the checklist below. Answering these…

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Construction Update – February 2022

Construction Site

Over two years into the pandemic and there has been a negative effect on significant number ofindustries. One of those industries is construction. The pandemic, along with the Suez Canal blockagefrom the Ever Given container ship, showed us how quickly an event can affect material availability andimpact project timelines and budgets. Like many, there was…

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4 Things You Should Know This Tax Season

Happy tax season! (Just us? Your office isn’t celebrating with donuts and balloons?) But seriously. Most companies need real estate to do business, and we should all pay our fair share of taxes on that real estate. So how do you know if you’re actually paying a fair share? This time of year, real estate…

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Commercial Real Estate Strategic Planning

It’s an exciting moment for companies when a real estate decision is made. Whether it be purchasing land for new construction, buying an existing building, or signing a new lease. That transaction and the resulting space will play a critical role in your business. It will be the space where your business comes together to…

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Conflicts of Interest

Conflicts are abundant in many areas of life. If prior to any endeavor, you had an opportunity to eliminate a potential future conflict, wouldn’t you take the proper steps to ensure you did so? Many brokers in commercial real estate have landlords and tenants as their clients. In this situation, how could a tenant be…

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Defining Occupier-Centric Services

The commercial real estate industry and its supporting services can be complex to navigate. That’s why our team at Cresa feels it’s important to reinforce that companies who lease or own their space deserve the best representation. In an effort to continue educating our clients and partners, we sat down with Cresa Minneapolis advisors Mitch…

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Do the Right Thing: My Career at Cresa Minneapolis

What does it take to be successful in commercial real estate? For me, the answer has stayed the same, even as the industry and our city has evolved: Do the right thing. Earlier this year, I was honored to be named on the Twin Cities Business list of Notable Women in Commercial Real Estate 2020.…

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What’s Next with Meet Minneapolis CEO Melvin Tennant

Cresa is committed to building a community of learning. Our customers look to us for insight not just on what’s happening in real estate, but what’s happening in the markets and industries we serve. In our new interview series “What’s Next,” we’ll highlight the Twin Cities leaders whose big ideas will shape the future of…

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Tracking the “Amenities Boom” in Downtown Minneapolis

amenities downtown Minneapolis

Image courtesy of Baker Center. Companies want to be in downtown Minneapolis, even if it means paying more to be there. In 2017, we saw an overwhelming trend of companies moving their offices from suburban locations to downtown. Why? One simple answer: Millennials. Gen Y employees are a driving factor behind the suburban-to-urban migration seen…

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5 Blocks to Watch in Downtown Minneapolis

downtown Minneapolis

Downtown Minneapolis is an exciting place to live, work, shop and play these days. I’ve been working downtown since the 90’s and we’re seeing new development in areas that have long gone untouched, along with new trends in how companies use their existing spaces. Leaders are rethinking how they use office space. While businesses used to…

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