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Commercial real estate sales picking up in Minneapolis

Multifamily and industrial properties lead the recovery
CoStar Analytics
December 30, 2025 | 10:28 P.M.

Minneapolis recorded its strongest third quarter for commercial real estate sales volume in four years, with more than $1.8 billion in properties traded across the multifamily, office, industrial and retail sectors. That represents a nearly 50% increase compared with both the same period last year and the average third-quarter volume recorded between 2015 and 2019.

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News | Commercial real estate sales picking up in Minneapolis