3. U.S. industrial vacancy has declined
8.83% a year ago (Q1 2013) to 7.9% (Q1 2014)
COLLIERS INTERNATIONAL | MINNEAPOLIS – ST. PAUL
4. Q1 2014 experienced another
quarter of approximately
net absorption
COLLIERS INTERNATIONAL | MINNEAPOLIS – ST. PAUL
50M S F
5. COLLIERS INTERNATIONAL | MINNEAPOLIS – ST. PAUL
Markets for Q1 Absorption
1. Atlanta (5.8msf)
2. Dallas (4.1msf)
3. LA-Inland Empire (3.1msf)
4. Seattle (2.5msf)
5. Chicago (2.4+msf)
6. LA-Port (2.4msf)
7. Houston (1.8+msf)
8. Washington DC (1.8msf)
9. Columbus OH (1.725msf)
10.Toronto CN (1.725msf)
6. COLLIERS INTERNATIONAL | MINNEAPOLIS – ST. PAUL
accounted for over half of Q1 absorption
Top 10
Markets
Port
Markets accounted for 25% of Q1 absorption