Skip to main content Skip to footer

Q3 2020 Industrial Market Report | Minneapolis-St. Paul

Download Report

Strong Industrial Market Sees Improvement Even Amid Pandemic

The Minneapolis-St. Paul multi-tenant industrial market showed a strong rebound during Q3 2020, with positive absorption reaching 402,244 square feet. As COVID-19 continues to challenge the economy, the industrial market marches forward with a strong vacancy rate of 5.89%, down from 6% last quarter. Manufacturing and distribution users continue to be a bright spot in commercial real estate, with third-party logistics suppliers and the last-mile delivery warehouses for Amazon, Walmart, and Target leading the pack.


Research Report Announcement_Industrial 554x310

Q3 2020 Industrial Market Report | Minneapolis-St. Paul

Download Report