Q3 / 2011 Market Update
Below is a snap shot of the Q3 results for the office and industrial markets for the twin city metro area. Don't hesitate to let us know how we can improve the presentation of this information.
| Office Market Statistics | ||
|---|---|---|
| Sector | Vacancy | Absorption |
| Minneapolis CBD | 15.1% | 200,764 |
| St.Paul East Suburban |
17.4% | (21,147) |
| West/Northwest | 16.4% | (24,387) |
| Airport/South | 18.1% | 67,832 |
| Southwest | 15.2% |
265,206 |
| St. Paul CBD | 15.1% | (20,976) |
| Twin Cities Metro | 15.9% | 467.029 |
| Industrial Market Statistics | ||
|---|---|---|
| Sector | Vacancy | Absorption |
| Airport/South | 14.5% | 76,686 |
| Minneapolis North |
11.5% | 57,424 |
| Southwest | 12.8% | (24,194) |
| St. Paul East |
7.2% | 137,199 |
| West/Northwest | 11.9% | 318,045 |
| Twin Cities Metro | 11.5% | 565,160 |
Information provided by Colliers International
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