Julie Kimble and other CRE experts were part of Minnesota REjournal’s State of the Market panel discussions on the industrial, retail and office sectors earlier this month. Here is a summary of key points from each of those market panel discussions.

What does COVID-19 mean for the workplace? While we will continue to see a need for office space, we’ll also continue to see shifts in the ways in which companies and employees use these spaces. Here are some of our early predictions on how COVID-19 may affect the workplace.

To kick off the new year, our team put together thoughts on real estate—the lay of the land as we embark on 2020 and what you can expect in the coming months. For instance, did you know that building energy causes 73% of the pollution that contributes to climate change? As a result, the City of Minneapolis declared a Climate Emergency in December. From this, Kate Damato predicts that developers and contractors will increase their efforts to construct buildings with climate sustainability in mind. Here’s what else you need to know as we dive in to 2020:

Real estate is one of your company’s largest expenses and when seeking out a new business space that aligns with your needs, you want to make sure that you are looking at all the best options and finding the right fit. Working with professionals to help manage all the pieces of the puzzle is what tenant representation is all about—these are licensed agents/brokers acting as fiduciaries for you, the tenant.

Mergers and acquisitions require careful planning. Real estate, typically one of a company’s three largest expenses, should not be overlooked in the process. Learn about the process and steps to take for a successful M&A.