The Minneapolis Industrial market ended the first quarter 2014 with a vacancy rate of 6.2%.

The vacancy rate was down over the previous quarter, with net absorption totaling positive 951,553 square feet in the first quarter. That compares to positive 289,739 square feet in the fourth quarter 2013. Vacant sublease space decreased in the quarter, ending the quarter at 801,373 square feet.

Tenants moving into large blocks of space in 2014 include…

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