Research

Minneapolis - St. Paul office insight - Q2 2018

Cantel Medical will fill Sleep Number’s former space at 9800 at Bass Creek. The 159,000 SF single-tenant office was only vacant since the end of 2017, demonstrating demand for affordable large suburban blocks. In addition, The Mosaic Company announced it will relocate its headquarters to Tampa, FL which will open up nearly 75,000 SF of new sublease space at the ATRIA Corporate Center. The Northwest is not typically a prime target for large leases but its adjacency to the popular West and nearly twenty percent discount to the market average asking rate makes economic sense.

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