Andy Pham CRE

09/04/2026

🏢📊 MINNESOTA CRE MARKET UPDATE | SEPTEMBER 4, 2026

The Minnesota commercial real estate market continues to show signs of stabilization, but investors and tenants remain selective.

🏭 INDUSTRIAL: The Twin Cities industrial market recorded 488,000 SF of positive absorption in Q2, while vacancy remained relatively low at 4.4%. Modern Class A properties continue to attract the strongest demand.

🛍️ RETAIL: Retail remains one of the healthier sectors, with Q2 vacancy around 5.8% and nearly 188,000 SF of positive absorption. Suburban retail continues to outperform urban locations.

🏢 OFFICE: Office remains the most challenging sector, but the market is becoming increasingly divided between high-quality, well-located properties and older buildings that require repositioning or redevelopment.

🏥 MEDICAL & MULTIFAMILY: Healthcare-related properties and multifamily continue attracting investor attention because of their relatively stable demand and income potential. Recent financing activity in West St. Paul also highlights continued capital flowing into multifamily development.

💰 INVESTOR TAKEAWAY: Buyers are focusing less on simply acquiring “commercial real estate” and more on finding quality assets, strong tenants, attractive locations, and opportunities to add value.

📌 BOTTOM LINE: Minnesota CRE is moving toward stability rather than a rapid rebound. Industrial, retail, medical, and multifamily remain the stronger opportunities, while office properties continue to require a more strategic approach.

09/02/2026

08/31/2026

You don’t need everyone in your corner. You just need to stop getting in your own way.

Start believing in yourself. The rest will follow.

08/28/2026

🏢📊 **MINNESOTA CRE MARKET UPDATE | AUGUST 28, 2026**
*Twin Cities Commercial Real Estate*

The Minnesota commercial real estate market is showing **clear signs of stabilization**, but performance continues to vary significantly by property type.

🏢 **OFFICE:** The Twin Cities office vacancy rate edged down to **20.0% in Q2**, signaling early stabilization. Class A and well-located suburban properties are outperforming, while downtown Minneapolis and St. Paul continue to face challenges.

🏭 **INDUSTRIAL:** Industrial remains a strong performer, with **4.4% vacancy** and positive Q2 absorption. Demand continues to favor modern logistics and warehouse facilities.

🛍️ **RETAIL:** Retail is one of the market's brightest spots. Limited new construction and strong tenant demand have pushed available retail space near historic lows, particularly in desirable suburban locations.

🏥 **MEDICAL & SENIOR HOUSING:** Healthcare-related real estate continues attracting investors looking for stable, long-term demand. Recent Twin Cities transactions highlight continued institutional interest in senior housing and medical-related assets.

💰 **INVESTOR TAKEAWAY:** The market is shifting from recovery to **selective opportunity**. Investors are focusing on quality assets, strong locations, reliable tenants, and properties with repositioning or redevelopment potential.

📌 **BOTTOM LINE:** Minnesota CRE is not booming across the board—but the market is becoming healthier. **Industrial, retail, medical, and high-quality suburban properties are leading the way**, while challenged office properties continue to require creative repositioning.

08/26/2026

🌳 LAND FOR SALE IN HUGO, MN — SPACE, PRIVACY & PEACEFUL LIVING

📍 15### Everton Ave N, Hugo, MN 55038

Looking for the perfect place to build your dream home? This approximately 12-acre property in Hugo offers the space, privacy, and peaceful surroundings you’ve been looking for—while still being conveniently located near everyday amenities.

✨ PROPERTY HIGHLIGHTS

• Approximately 12 acres
• Buildable lot
• Plenty of space and privacy between neighbors
• Quiet, low-traffic setting
• Open and usable land
• Convenient access from Everton Ave N
• Ideal location for a custom-built home
• Plenty of room for outbuildings, gardens, recreation, or hobby space
• Peaceful natural surroundings and scenic views
• Excellent long-term potential in a growing community

📍 WHY HUGO?

• Peaceful small-town atmosphere
• Convenient access to shopping, dining, schools, and other amenities
• Easy access to major roads for commuting
• Friendly, well-maintained neighborhood
• A great balance of privacy, space, and convenience

🏡 Imagine building your home with room to breathe—without giving up the convenience of being close to everything you need.

📲 Contact us today for more information or to schedule a private tour.

Andy Pham — (651) 565-6499
Tuan Tran — (651) 373-6557

08/24/2026

Every day is another chance to become the person you’re working toward.

You don’t have to have it all figured out. Just keep moving, keep growing, and keep showing up.

Make today count. ✨

08/21/2026

🏢📊 Minnesota CRE Market Update | August 2026

Minnesota’s commercial real estate market continues to stabilize, but investors remain selective.

🏭 Industrial remains the strongest sector, supported by steady demand for logistics, warehouse, and manufacturing space.

🏥 Medical Office continues to attract strong investor interest thanks to stable tenants and long-term healthcare demand.

🛍️ Retail remains resilient, especially grocery-anchored and neighborhood centers.

🏢 Office is recovering more slowly, with Class A and suburban properties performing better while downtown buildings continue facing higher vacancy and repositioning challenges.

💰 Investment activity is gradually improving, with buyers focused on strong cash flow, quality tenants, and well-located assets.

📌 Bottom Line: Minnesota’s CRE market is moving toward stability, with the strongest opportunities currently concentrated in industrial, medical office, neighborhood retail, and strategically positioned value-add properties.

08/17/2026

Monday reminder: Focus on what you’re doing. Get better at what you’re doing. Everything else is a distraction.

Start the week focused. Stay consistent. Keep getting better. 💯