Pandemic takes toll on southern Minn. office market
Pandemic takes toll on southern Minn. office market Pandemic takes toll on southern Minn. office market By Marissa Voss | February 18, 2021 at 5:57 PM CST - Updated February 18 at 7:10 PM MANKATO, Minn. (KEYC) — With so many people working from home, the offices they used to inhabit sit empty. In 2021, renters dropped 11.7%, according to Real Estate Information Services. With the decline in rent, the supply for single-use office spaces and drive-thrus have skyrocketed. Demand for small to mid-size industrial space is predicted to spike as well. Local real estate experts say more invest...
Source: keyc.com