Family Office Briefing on research byLee & Associates·Jan 28, 2025
2024 Q4 Twin Cities, MN - Industrial
Twin Cities industrial market shows steady demand with rising rental rates in Q4 2024 — family offices should consider co-GP opportunities with active developers.
Industrial2024
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 4.2% |
| Avg NNN Asking Rate PSF | 9.14$ |
| Net Absorption SF | 4,707,857SF |
| Under Construction SF | 1,600,000SF |
Metrics extracted from the source report and independently fact-checked. Method →
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