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Smaller Office Footprints Elevate Lease Rollover Risk in Minneapolis

While Lease Expiration Wave Is Just Beginning, Minimal Supply Helps Keep Fundamentals Relatively Balanced
By Brian Anderson
CoStar Analytics
July 17, 2024 | 7:11 P.M.

Office leasing data for the first half of the year shows tenants in the Twin Cities continue to right-size their footprints in response to structural shifts in office space utilization and near nation-leading job losses in the typical office-using employment sectors, comprising professional and business services, financial activities and information.

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