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MARI<ET REPORT I AUGUST 2015 1 INDUSTRIAL I MINNEAPOLIS -ST. PAUL
<br />Market Statistics (EXPANDED MARKET)
<br />AIRPORT/SOUTH OF THE RIVER
<br />Bulk Warehouse
<br />17,113,080
<br />618,301
<br />3.61%
<br />54,941
<br />3.93%
<br />$5.08-$8.32
<br />54,453
<br />(18,813)
<br />Office Showroom
<br />4,679,267
<br />521,457
<br />11.14%
<br />33,554
<br />11.86%
<br />$4.78-$9.26
<br />76,159
<br />67,148
<br />Office Warehouse
<br />10,870,022
<br />819,162
<br />7.54%
<br />15,783
<br />7.68%
<br />$5.06-$9.27
<br />8,372
<br />65,389
<br />Totals:
<br />32,662,369
<br />1,958,920
<br />6.0%
<br />104,278
<br />6.32%
<br />$4.99-$9.04
<br />138,984
<br />113,724
<br />MINNEAPOLIS NORTH
<br />Bulk Warehouse
<br />20,434,616
<br />758,203
<br />3.71%
<br />21,222
<br />3.81%
<br />$5.48-$8.79
<br />23,896
<br />84,937
<br />Office Showroom
<br />6,119,792
<br />367,430
<br />6.0%
<br />31,947
<br />6.53%
<br />$5.43-$9.65
<br />117,829
<br />82,046
<br />Office Warehouse
<br />19,636,495
<br />1,088,972
<br />5.55%
<br />14,425
<br />5.62%
<br />$4.68-$8.86
<br />192
<br />104,525
<br />Totals:
<br />46,190,903
<br />2,214,605
<br />4.79%
<br />67,594
<br />4.94%
<br />$5.03-$9.05
<br />141,917
<br />271,508
<br />SOUTHWEST
<br />Bulk Warehouse
<br />23,621,742
<br />2,750,907
<br />11.65%
<br />350,127
<br />13.13%
<br />$4.35-$7.29
<br />123,150
<br />307,000
<br />Office Showroom
<br />8,677,779
<br />850,279
<br />9.8%
<br />82,341
<br />10.75%
<br />$4.96-$9.67
<br />103,727
<br />145,888
<br />Office Warehouse
<br />17,985,035
<br />1,530,920
<br />8.51%
<br />225,344
<br />9.77%
<br />$4.61-$8.94
<br />(366,301)
<br />(301,542)
<br />Totals:
<br />50,284,556
<br />5,132,106
<br />10.21%
<br />657,812
<br />11.51%
<br />$4.69-$9.03
<br />(139,424)
<br />151,346
<br />ST. PAUL EAST
<br />Bulk Warehouse
<br />19,429,091
<br />899,037
<br />4.63%
<br />30,643
<br />4.78%
<br />$4.27-$8.39
<br />(207,267)
<br />(167,927)
<br />Office Showroom
<br />4,026,510
<br />221,962
<br />5.51%
<br />6,420
<br />5.67%
<br />$6.74-$10.90
<br />75,266
<br />134,234
<br />Office Warehouse
<br />20,571,557
<br />764,729
<br />3.72%
<br />60,514
<br />4.01%
<br />$4.94-$9.01
<br />92,873
<br />147,396
<br />Totals:
<br />44,027,158
<br />1,885,728
<br />4.28%
<br />97,577
<br />4.5%
<br />$5.09-$9.25
<br />(39,128)
<br />113,703
<br />WEST/NORTHWEST
<br />Bulk Warehouse
<br />38,745,614
<br />2,570,949
<br />6.64%
<br />371,026
<br />7.59%
<br />$4.82-$8.08
<br />876,404
<br />994,817
<br />Office Showroom
<br />8,002,881
<br />583,250
<br />7.29%
<br />8,966
<br />7.4%
<br />$4.93-$9.54
<br />4,409
<br />(39,827)
<br />Office Warehouse
<br />25,914,876
<br />1,490,024
<br />5.75%
<br />125,217
<br />6.23%
<br />$4.88-$8.72
<br />292,106
<br />352,922
<br />Totals:
<br />72,663,371
<br />4,644,223
<br />6.39%
<br />505,209
<br />7.09%
<br />$4.87-$8.70
<br />1,172,919
<br />1,307,912
<br />TOTAL ALL MARKETS
<br />Bulk Warehouse
<br />119,344,143
<br />7,597,397
<br />6.4%
<br />827,959
<br />7.1%
<br />$4.40-$8.79
<br />870,636
<br />1,200,014
<br />Office Showroom
<br />31,506,229
<br />2,544,378
<br />8.1%
<br />163,228
<br />8.6%
<br />$4.90-$9.57
<br />377,390
<br />389,489
<br />Office Warehouse
<br />94,977,985
<br />5,693,807
<br />6.0%
<br />441,283
<br />6.5%
<br />$4.70-$8.92
<br />27,242
<br />368,690
<br />Totals:
<br />245,828,357
<br />15,835,582
<br />6.4%
<br />1,432,470
<br />7.0%
<br />$4.72-$9.10
<br />1,275,268
<br />1,958,193
<br />The above table is summarized data on multi- and single -tenant industrial buildings greater than 10,000 square feet.
<br />Owner -occupied properties are also included.
<br />COLLIERS INTERNATIONAL I MINNEAPOLIS -ST. PAUL
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