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FIGURES I MINNEAPOLIS INDUSTRIAL 1 032022
<br /> FIGURE 11:Minneapolis/St.Paul Industrial Market Statistics
<br /> Inventory •
<br /> Submarket Availability Asking Rate
<br /> Absorption (Sq. Ft.)
<br /> • •
<br /> Metro Overall 348,189,534 3.9% 2.9% 2,636,672 $7.26
<br /> East 20,102,090 3.4% 3.0% 573,971 $6.10
<br /> Northwest 77,355,601 4.4% 3.3% 1,153,991 $7.75
<br /> Southwest 71,085,032 5.3% 4.3% 257,956 $6.94
<br /> South Central 53,336,797 3.4% 2.5% (89,267) $7.08
<br /> North Central 53,759,440 2.8% 2.3% 500,864 $6.48
<br /> Minneapolis 25,546,336 3.2% 1.9% 95,499 $6.23
<br /> St Paul 16,068,037 2.3% 1.6% 117,787 $9.11
<br /> Midway 30,936,201 3.4% 1.4% 25,871 $9.25
<br /> Source:CBRE Research,03 2022.
<br /> FIGURE 12:Minneapolis/St.Paul Industrial Construction Statistics
<br /> Submarket Construction Sta rts Spec • - BTS Under • • -r Spec BTS Construction
<br /> Sta rts Preleased Construction Construction Construction Completed Completed Completions
<br /> Metro Overall 2,504,218 540,250 5,817,248 2,592,851 8,410,099 629,919 1,458,536 2,088,455
<br /> East 199,919 0 1,552,753 0 1,552,753 0 517,000 517,000
<br /> Northwest 2,304,299 540,250 2,764,145 1,510,251 4,274,396 331,419 941,536 1,272,955
<br /> Southwest 0 0 423,448 0 423,448 168,000 0 168,000
<br /> South Central 0 0 494,600 100,000 594,600 0 0 0
<br /> North Central 0 0 582,302 982,600 1,564,902 0 0 0
<br /> Minneapolis 0 0 0 0 0 130,500 0 130,500
<br /> St Paul 0 0 0 0 0 0 0 0
<br /> Midway 0 0 0 0 0 0 0 0
<br /> Source:CBRE Research,03 2022.
<br /> 5 CBRE RESEARCH ©2022 CBRE,INC.
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