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Average Retail Lease Size in Minneapolis Hits Six-Year High, Bucks National Trend

Consumer Purchasing Power Fuels Retailers' Push for Bigger Stores
By Brian Anderson
CoStar Analytics
December 12, 2023 | 6:55 P.M.

The average retail lease size in Minneapolis has continued to grow over the past year and is now at a six-year high, as one of the nation's strongest markets in terms of consumer purchasing power has kept an array of big-box tenants in expansion mode, a trend that runs counter to what is being seen across the country.

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