Site / Space Specs
Developer Wit / Attempted Humor
Market Metrics
Can We Get a Pulse Check?
Back2Work
100
What is the most common benchmark to determine the amount of SF needed within a healthcare clinic?
What is the # of doctors/providers operating there?
100
What is a common nickname for timing on when healthcare deals get done?
What is HST: Healthcare Standard Time aka, a different time zone the rest of the world because they take so long?
100
What is the most common lease term in healthcare?
What is 10 years?
100
This is a policy decision used by Cities to temporarily pause development and crush dreams.
What is a moratorium?
100
According to Gensler’s 2022 Workplace Survey, what is the top reason employees say they will come into office?
What is to focus on my work?
200
What is the minimum parking ratio for healthcare use?
What is 5.00 per 1,000, minimum 4.00 per 1,000?
200
This is the sentiment by few that their site is special and deserving of a massive price premium over the rest of the market.
What is "every land owner's opinion of their site"?
200
Which office submarket within the Twin Cities posted the highest absorption in 2022?
What is West Submarket?
200
What is the fastest growing asset type in healthcare real estate?
What are Ambulatory Surgery Centers?
200
According to Gensler’s 2022 Workplace Survey, what is the least compelling reason employees will return to the office?
What is access to office building amenities?
300
What are the two most important site attributes for healthcare?
What are Access and Visibility?
300
What is what capital markets brokers will tell you when you ask them to quote a cap rate more than 12 months in advance.
What is price discovery mode?
300
10 West End achieved what % rent premium over the competing Class A buildings in the same market?
What is approximately 40% rent premium?
300
What was the latest longest lead time item in healthcare construction in the Twin Cities market?
What is Wood doors! Some recent MOBs have opened without doors or with residential stand ins!
300
According to Gensler, which space within the office ranked #1 in terms of creating the greatest experience?
What is Quiet/Tech-Free Zones?
400
DAILY DOUBLE!
According to Cushman & Wakefield, what percentage of US’s 5.5 billion SF of office space will be considered “trophy”?
What is 15%?
400
This is currently the worst enemy of many developers and is the longest lead time item in the supply chain?
What is Switchgear?
400
According to Cushman & Wakefield, which submarket has posted the highest vacancy rate?
What is Minneapolis CBD?
400
This disgusting mammal can fly, use echo location and completely destroy your construction schedule.
What is the North American Long Eared Bat?
400
According to the pop group Fifth Harmony’s 2016 hit, what is their recommendation for work location?
What is Work from Home?
500
According to Cushman & Wakefield, where are we headed in terms of SF per Employee?
What is 160-170 SF?
500
This is an old cliche regarding industrial building rental rates that is (thankfully) no longer relevant.
What is "I don't care what the question is, the answer is $8.00 and $4.00"?
500
DAILY DOUBLE!
What is the current return on cost target for institutional multifamily investment in the Twin Cities market?
What is 6.25%?
500
This is the common thread between a pending recession and Ron Burgandy.
What is Uncertainty?
500
What is the actual cost of an office TI build out per square foot?
What is anywhere from $90 - $120 per square foot but definitely more than I budgeted in my proforma?