If the survey is restricted to multi-tenant, competitive space,the vacancy rate is up to 13.9% from 9.1% last year, according tothe report. Of the Downtown area's 16.4 million sf of office space,42% is composed of government and owner-occupied buildings.

The total Downtown market has absorbed 343,645 sf of additionaloffice space in 2001 compared to a year ago, but the competitivemarket showed 277,855 sf had been added to vacancy, according tothe report.

Five buildings accounted for about two-thirds of 481,000 sf ofadditional vacant office space this year in the downtown areaaccording to the annual report. Among the buildings is MinnesotaLife's 21-story tower at 400 N. Robert St, which ended up with120,000 sf of vacant office space as the insurer has shifted someoperations to its new 13-storyhigh-rise at 401 N. Robert St. Otherbuildings with increased vacancies include the North Central LifeTower, the Commerce Center, Park Square Court and the HammBuilding.

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