The Industrial Market's Secret Sauce? Patience (and lots of it).
Industrial Market Trends
Written by John Young, CCIM
Vice President-Real Estate Advisory
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Why are “For Sale” industrial buildings so hard to find in the Twin Cities? Prior to the outbreak of COVID, building owners could sell their existing building and find another building to buy in a reasonable amount of time, typically within a 12-month period. Now, there is no certainty of buying a building within a reasonable amount of time.
It turns out real estate isn’t our only Forte. After a day spent with Habitat for Humanity Twin Cities building a twin home in Saint Paul Park, we are all quite the pros at installing windows and painting doors. We are grateful for the opportunity to work as a team to give back to the families in our community.
Ericka joins Forte Real Estate Partners as Vice President of Real Estate Advisory and will be working closely with our Healthcare and Office team. She is a 26-year veteran of the commercial real estate industry and brings experience from many areas.
Erik joins Forte Real Estate Partners with more than ten years of commercial real estate experience to continue to build out the firm’s full-service commercial real estate platform. He will be a Senior Associate working closely with our Industrial Advisory team.
Aggie joins Forte Real Estate Partners as a Property Administrator. She supports our Property Management and Accounting areas to reach efficiencies and cost savings thus building trust with clients.
Jessica joins Forte Real Estate Partners as a Marketing and Administrative Coordinator. Jessica plays a key role in supporting Forte’s branding and marketing efforts by creating content for our website and social media.
Known for going beyond the real estate transaction, we advise professional services companies of all sizes, considering the culture and operations of your business when considering the available options.
TCN Worldwide is a consortium of independent commercial real estate firms, which Forte Real Estate Partners is a member firm, provides complete integrated real estate solutions locally and internationally.