Real estate firm exiting its downtown Minneapolis office

Between the lines: CBRE was part of a big migration of companies from the suburbs to downtown Minneapolis in the 2010s.

• While the city hasn't seen a mass exodus of companies that some predicted during the pandemic, the move isn't a good sign.
• CBRE said in a statement the departure from LaSalle Plaza is a temporary consolidation while it evaluates its long-term space needs.

Editor's note: This story has corrected to reflect that CBRE has decided against renewing its downtown lease. (It is not terminating the lease early).