More Flight to Quality, Fewer Vacancies: Checking In on the Office Market

The Twin Cities’ pattern of high office vacancies stopped expanding and even shrank a little in this year’s second quarter. It signals some progress in a post-Covid mission: to transform forsaken offices into—for the most part—apartments, warehouses, or their component parts. The metro office vacancy sits at 20%, a dip from first quarter’s 20.1%, according