CRE Market Report: September 2026 | Minneapolis, MN Market Spotlight
The Fed's first rate hike since 2023, CMBS delinquency at 7.85%, and a Minneapolis, MN market spotlight where industrial vacancy holds below its 20-year average.
TenantBase
The Fed's first rate hike since 2023, CMBS delinquency at 7.85%, and a Minneapolis, MN market spotlight where industrial vacancy holds below its 20-year average.
Minneapolis has one of the highest concentrations of Fortune 500 headquarters anywhere, tight industrial space, and a genuinely bifurcated office market. What to know before you search.
Three Fed presidents dissented in favor of a rate hike in July, the first unified directional dissent since 2016. CMBS delinquency eased to 7.35% while maturity stress widened. Plus a Tampa, Florida market spotlight, where retail vacancy sits at 3.8% and no office project has broken ground in four quarters.
USMCA's non-renewal, a hawkish Fed, and an AI-driven leasing rebound in Seattle — TenantBase's July 2026 commercial real estate market report.
Retail demand leads in 74 of 75 markets. Construction pipelines are collapsing in every region. Office flight-to-quality is universal — TenantBase's Q2 2026 national CRE report.
Direct-to-chip liquid cooling is making water rights the new gating constraint on data centers, Industrial Outdoor Storage has gone institutional, and private credit has filled the gap left by regional banks. Plus a Phoenix, Arizona market spotlight.
AI infrastructure demand has outrun the U.S. power grid, Section 232 tariffs pushed the effective import rate to its highest level since 1943, and a $525 billion maturity wall is forcing resolution. Plus a Columbus, Ohio market spotlight.
U.S. manufacturing construction has doubled to more than $230 billion a year, cold storage vacancy sits at 2.8%, and private credit has replaced regional banks as the primary middle-market lender. Plus a Lexington, Kentucky market spotlight.
FinCEN's nationwide residential reporting rule took effect March 1, the Fed holds at 3.50% to 3.75% ahead of a pivotal March FOMC meeting, and AT&T's downtown exit removes 300,000 SF from the CBD. Plus a San Antonio market spotlight.
95% of investors plan to maintain or increase buying activity in 2026 against $562 billion in projected volume, Weiser Business Park delivers its final phase in Houston, and Norfolk's MacArthur Center is slated for demolition. Plus a Virginia Beach and Hampton Roads spotlight.
A submarket-by-submarket guide to Atlanta's office market — current vacancy, rent, and where tenants hold real leverage in 2026.