--- title: MN BACK TO SCHOOL MARKET UPDATE description: Minnesota is back to school and it is time for the commercial real estate market update. Get up to date Minnesota real estate market update at CERRON here. image: https://blog.approdevelopment.com/hs-fs/file-1032294996-jpg/blog-files/back-to-school-re-market-report-2013-300x200.jpg --- office@approdevelopment.com info@cerron.com [![Commercial Real Estate Solutions Providers - Appro and Cerron](https://blog.approdevelopment.com/hs-fs/hubfs/raw_assets/public/ApproDevelopment_Oct2020/images/dual_logo_400_offset2.png?width=400&height=225&name=dual_logo_400_offset2.png "Commercial Real Estate Solutions Providers - Appro and Cerron")](https://approdevelopment.com/) - [Home](https://approdevelopment.com/) - [Appro Design & Build](https://approdevelopment.com/design-build/) - [Current Projects](https://approdevelopment.com/design-build/current-projects/) - [Land Development](https://approdevelopment.com/design-build/land-development/) - [Design & Build](https://approdevelopment.com/design-build/design-build/) - [General Contractor](https://approdevelopment.com/design-build/general-contractor/) - [Completed Construction Projects](https://approdevelopment.com/design-build/completed-projects/) - [Cerron Real Estate](https://approdevelopment.com/real-estate/) - [Property Search](https://approdevelopment.com/property-search/) - [Commercial Brokerage Services](https://approdevelopment.com/real-estate/brokerage-services/) - [Real Estate For Lease](https://approdevelopment.com/real-estate/real-estate-for-lease/) - [Industrial Real Estate For Lease](https://approdevelopment.com/real-estate/real-estate-for-lease/industrial-real-estate-for-lease/) - [Office Real Estate For Lease](https://approdevelopment.com/real-estate/real-estate-for-lease/office-real-estate-for-lease/) - [Retail Real Estate For Lease](https://approdevelopment.com/real-estate/real-estate-for-lease/retail-real-estate-for-lease/) - [Real Estate For Sale](https://approdevelopment.com/real-estate/real-estate-for-sale/) - [Land For Sale](https://approdevelopment.com/real-estate/land-for-sale/) - [Industrial Real Estate For Sale](https://approdevelopment.com/real-estate/real-estate-for-sale/industrial-real-estate-for-sale/) - [Office Real Estate For Sale](https://approdevelopment.com/real-estate/real-estate-for-sale/office-real-estate-for-sale/) - [Retail Real Estate For Sale](https://approdevelopment.com/real-estate/real-estate-for-sale/retail-real-estate-for-sale/) - [Unique & Special Use Properties For Sale](https://approdevelopment.com/real-estate/real-estate-for-sale/unique-special-use-properties-for-sale/) - [MN Investment Real Estate For Sale](https://approdevelopment.com/real-estate/investment-real-estate/) - [Services](https://approdevelopment.com/services/) - [Finance Resources](https://approdevelopment.com/design-build/finance-resources/) - [1031 Tax Deferred Exchange](https://approdevelopment.com/design-build/1031-tax-deferred-exchange/) - [Cost Segregation](https://approdevelopment.com/design-build/cost-segregation/) - [About Us](https://approdevelopment.com/about-us/) - [Testimonials](https://approdevelopment.com/testimonials/) - [Meet Our Team](https://approdevelopment.com/about-us/meet-the-team/) - [Mission, Vision, Values](https://approdevelopment.com/mission-statement/) - [In the Community](https://approdevelopment.com/in-the-community/) - [Property Solutions Newsletter](https://approdevelopment.com/newsletter-archives/) - [Safety Mission](https://approdevelopment.com/design-build/safety-mission/) - [Contact Us](https://approdevelopment.com/contact-us/) - [Resources](https://approdevelopment.com/resources/) - [Mortgage Calculator](https://approdevelopment.com/mortgage-calculator/) - [Space Calculator](https://approdevelopment.com/space-calculator/) - [Lean Principles](https://approdevelopment.com/services/lean-principles/) - [Finance Resources](https://approdevelopment.com/design-build/finance-resources/) - [1031 Tax Deferred Exchange](https://approdevelopment.com/design-build/1031-tax-deferred-exchange/) - [Cost Segregation](https://approdevelopment.com/design-build/cost-segregation/) - [Subcontractor Info](https://approdevelopment.com/design-build/subcontractor-info/) - [Property Owner](Javascript:void(0);) - [Building Maintenance Checklist](Javascript:void(0);) - [Blog](https://blog.approdevelopment.com/) × - [Home](https://approdevelopment.com/) - [Appro Design & Build](https://approdevelopment.com/design-build/) - [Current Projects](https://approdevelopment.com/design-build/current-projects/) - [Land Development](https://approdevelopment.com/design-build/land-development/) - [Design & Build](https://approdevelopment.com/design-build/design-build/) - [General Contractor](https://approdevelopment.com/design-build/general-contractor/) - [Completed Construction Projects](https://approdevelopment.com/design-build/completed-projects/) - [Cerron Real Estate](https://approdevelopment.com/real-estate/) - [Property Search](https://approdevelopment.com/property-search/) - [Commercial Brokerage Services](https://approdevelopment.com/real-estate/brokerage-services/) - [Real Estate For Lease](https://approdevelopment.com/real-estate/real-estate-for-lease/) - [Industrial Real Estate For Lease](https://approdevelopment.com/real-estate/real-estate-for-lease/industrial-real-estate-for-lease/) - [Office Real Estate For Lease](https://approdevelopment.com/real-estate/real-estate-for-lease/office-real-estate-for-lease/) - [Retail Real Estate For Lease](https://approdevelopment.com/real-estate/real-estate-for-lease/retail-real-estate-for-lease/) - [Real Estate For Sale](https://approdevelopment.com/real-estate/real-estate-for-sale/) - [Land For Sale](https://approdevelopment.com/real-estate/land-for-sale/) - [Industrial Real Estate For Sale](https://approdevelopment.com/real-estate/real-estate-for-sale/industrial-real-estate-for-sale/) - [Office Real Estate For Sale](https://approdevelopment.com/real-estate/real-estate-for-sale/office-real-estate-for-sale/) - [Retail Real Estate For Sale](https://approdevelopment.com/real-estate/real-estate-for-sale/retail-real-estate-for-sale/) - [Unique & Special Use Properties For Sale](https://approdevelopment.com/real-estate/real-estate-for-sale/unique-special-use-properties-for-sale/) - [MN Investment Real Estate For Sale](https://approdevelopment.com/real-estate/investment-real-estate/) - [Services](https://approdevelopment.com/services/) - [Finance Resources](https://approdevelopment.com/design-build/finance-resources/) - [1031 Tax Deferred Exchange](https://approdevelopment.com/design-build/1031-tax-deferred-exchange/) - [Cost Segregation](https://approdevelopment.com/design-build/cost-segregation/) - [About Us](https://approdevelopment.com/about-us/) - [Testimonials](https://approdevelopment.com/testimonials/) - [Meet Our Team](https://approdevelopment.com/about-us/meet-the-team/) - [Mission, Vision, Values](https://approdevelopment.com/mission-statement/) - [In the Community](https://approdevelopment.com/in-the-community/) - [Property Solutions Newsletter](https://approdevelopment.com/newsletter-archives/) - [Safety Mission](https://approdevelopment.com/design-build/safety-mission/) - [Contact Us](https://approdevelopment.com/contact-us/) - [Resources](https://approdevelopment.com/resources/) - [Mortgage Calculator](https://approdevelopment.com/mortgage-calculator/) - [Space Calculator](https://approdevelopment.com/space-calculator/) - [Lean Principles](https://approdevelopment.com/services/lean-principles/) - [Finance Resources](https://approdevelopment.com/design-build/finance-resources/) - [1031 Tax Deferred Exchange](https://approdevelopment.com/design-build/1031-tax-deferred-exchange/) - [Cost Segregation](https://approdevelopment.com/design-build/cost-segregation/) - [Subcontractor Info](https://approdevelopment.com/design-build/subcontractor-info/) - [Property Owner](Javascript:void(0);) - [Building Maintenance Checklist](Javascript:void(0);) - [Blog](https://blog.approdevelopment.com/)   # **APPRO and CERRON Blog**   ![](https://blog.approdevelopment.com/hs-fs/file-1032294996-jpg/blog-files/back-to-school-re-market-report-2013-300x200.jpg) # MN BACK TO SCHOOL MARKET UPDATE Published by [Roz Peterson](https://blog.approdevelopment.com/author/roz-peterson) on Sep 3, 2013 8:12:01 AM ## **MN BACK TO SCHOOL MARKET UPDATE** [![Back to School - RE Market Report 2013](https://blog.approdevelopment.com/hs-fs/file-1032294996-jpg/blog-files/back-to-school-re-market-report-2013-300x200.jpg?width=300&height=200&name=back-to-school-re-market-report-2013-300x200.jpg)](https://blog.approdevelopment.com/hs-fs/file-1032294996-jpg/blog-files/back-to-school-re-market-report-2013-300x200.jpg)The kids are off to school. It’s time to close up the cabin and focus on getting something done before year end. Fall is always a busy time in the Minnesota [commercial real estate market,](http://cerron.com/) as we are seeing here at CERRON Commercial Properties. Third quarter we had a noticeable change in [office](http://cerron.com/) condominium sales. Businesses shifted to longer term leases and larger spaces. We actually had buyer wars—something we haven’t seen much of since 2007. [Land sales](http://cerron.com/) even saw an uptick. The national [retail](http://cerron.com/)ers are back. Dealmakers were abuzz at the International Council of Shopping Centers (ICSC) convention this spring. This is all good news to a heavily beat up industry over the past six years. We have been waiting for the inventory of [distressed](http://cerron.com/) product to be absorbed and while there are a few deals left out there, they are dwindling. The [market](http://cerron.com/) is heading in the other direction so if you are considering a move, now is the time. We can help you with a [market analysis](http://cerron.com/). An initial one is no charge. In fact we only get paid if we produce a buyer or a tenant. Most owners pay our fee, so many times there is no charge for buyer/tenant representation services. We now have all [commercial properties for sale](http://cerron.com/) and [lease](http://cerron.com/) on our website, and may be searched for free. Check it out at [www.cerron.com](http://www.cerron.com) or call me direct at 612-708-5281 email [rozp@cerron.com](mailto:rozp@cerron.com).   Tags: [Real Estate For Sale](https://blog.approdevelopment.com/topic/real-estate-for-sale), [Financial Topics](https://blog.approdevelopment.com/topic/financial-topics), [Minnesota](https://blog.approdevelopment.com/topic/minnesota), [Real Estate For Lease](https://blog.approdevelopment.com/topic/real-estate-for-lease), [Commercial Real Estate](https://blog.approdevelopment.com/topic/commercial-real-estate), [office](https://blog.approdevelopment.com/topic/office), [commercial properties for sale](https://blog.approdevelopment.com/topic/commercial-properties-for-sale), [land sales](https://blog.approdevelopment.com/topic/land-sales), [market update](https://blog.approdevelopment.com/topic/market-update), [tenant](https://blog.approdevelopment.com/topic/tenant), [retail](https://blog.approdevelopment.com/topic/retail), [lease](https://blog.approdevelopment.com/topic/lease), [free property search](https://blog.approdevelopment.com/topic/free-property-search), [office condo](https://blog.approdevelopment.com/topic/office-condo), [Lakeville](https://blog.approdevelopment.com/topic/lakeville), [commercial properties for lease](https://blog.approdevelopment.com/topic/commercial-properties-for-lease), [tenant rep](https://blog.approdevelopment.com/topic/tenant-rep), [market analysis](https://blog.approdevelopment.com/topic/market-analysis) [Back to Blog](https://blog.approdevelopment.com) ## Related Articles ## [The Time to Buy or Lease Commercial Real Estate in Minnesota is Now...](https://blog.approdevelopment.com/real-estate-for-lease/the-time-to-buy-or-lease-commercial-real-estate-in-minnesota-is-now) For anyone in the market to lease or buy commercial real estate – This is a good time to make a... [Read More](https://blog.approdevelopment.com/real-estate-for-lease/the-time-to-buy-or-lease-commercial-real-estate-in-minnesota-is-now) ## [Commercial Real Estate Activity: South Metro, MN](https://blog.approdevelopment.com/blog/commercial-real-estate-activity-south-metro-mn) Commercial Real Estate Activity: South Metro, Minnesota - CERRON Commercial Properties [Read More](https://blog.approdevelopment.com/blog/commercial-real-estate-activity-south-metro-mn) ## [Are You Considering Purchasing Commercial Office Space?](https://blog.approdevelopment.com/real-estate-for-sale/are-you-considering-purchasing-commercial-office-space) By Dan Huntington [Read More](https://blog.approdevelopment.com/real-estate-for-sale/are-you-considering-purchasing-commercial-office-space) --- ![APPRO Development & CERRON Commercial Properties](https://blog.approdevelopment.com/hubfs/raw_assets/public/ApproDevelopment_Oct2020/images/dual_logo_400_offset1.png "APPRO Development & CERRON Commercial Properties") --- #### Contact Us --- --- #### About Us At APPRO Development and CERRON Commercial Properties, creating real estate solutions for our clients is our life’s work. 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