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01/12/23
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01/12/23
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FIGURES I MINNEAPOLIS INDUSTRIAL 1 032022 <br /> Investment Sales. <br /> FIGURE 10:Minneapolis Industrial Investment Sales Volume,2012-Q3 2022 <br /> • Volume:Investment sales volume totaled$305 million in 03,bringing the 2022 year-to-date total volume to$1.06 Millions CS) <br /> billion.This is a 22% increase year-over-year. <br /> • Buyer Composition:Private sales account for the largest percentage of 03 activity at 48%followed by Listed/REIT 3000 <br /> buyers with 26%and institutional buyers at 21%of all sales. <br /> • Product Type:03 sales were predominantly for flex properties representing 58%of the total sales volume. 2500 <br /> Of the largest deals this quarter,CBRE represented the seller in the sale of 4 properties as part of the Abbott <br /> Laboratories Life Sciences Campus deal and the sale of 4835 White Bear Parkway. In total,CBRE transacted$110M of <br /> total industrial sales this quarter,representing 36%of the market activity. 2000 <br /> FIGURE 9:Q3 2022 Top Investment Sales <br /> 1500 <br /> Property Location <br /> Abbott Laboratories Life Sciences Minnetonka Virus RE Capital 53,000,000 280,000 189 <br /> Campus 1000 <br /> Blackstone Waters Business Eagan Hyde Development 37,100,000 328,546 113 <br /> Center Portfolio <br /> Alidade Capital MI Industrial Portfolio Various Westmount Realty 33,200,000 314,553 106 500 <br /> 4835 White Bear Parkway White Bear Lake Norman Properties 21,500,000 117,518 183 <br /> 0 <br /> Times Venture MN Industrial Portfolio Various Capital Partners 19,800,000 159,530 124 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022Q3 <br /> Source:CBRE Research,032022. ■Rolling 4-Quarter Volume ■Quarterly Volume <br /> Source:Real Capital Analytics. <br /> 4 CBRE RESEARCH ©2022 CBRE,INC. <br />
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