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Forte Receives First 2023 Best Places to Work Honor by Minneapolis/St. Paul Business Journal


"We treat clients and employees like friends. We celebrate each other's successes and share in our challenges. We are passionate about creative thinking, transparent actions, and doing the right thing." - Jim Jetland, Principal

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Office Market Overview


  • The Mpls-St Paul office market posted 155,503 sf negative absorption and finished with a 16.3% vacancy rate for all property types.
  • Multi-tenant properties posted 177,010 sf negative absorption, finishing with a 21.4% vacancy rate.
  • 14 construction projects totaling 816,000 sf were underway while 7 properties delivered YTD with 146,000 sf.



Industrial Market

Overview


  • The Mpls-St Paul industrial market posted 304,037 sf positive absorption with a 3.9% vacancy rate.
  • Multi-tenant properties posted nearly 208,782 sf positive absorption with a 5.8% vacancy rate.
  • 58 construction projects were underway totaling 10.3M sf and 14 properties delivered totaling 2.66M sf.



Data Source: REDI | Moody's Analytics | Catylist

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Happy Anniversary Forte!


We spent an afternoon celebrating Forte’s 2nd anniversary at Topgolf! What an incredible first two years we have had. To all of our clients, partners, friends, and staff – we are so grateful for all your support and hard work thus far. Cheers to many more successful years for Forte!