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min-normandalelakeofficepark (2) Normandale Lake Office Park, the largest office property in the suburban Minneapolis-St. Paul market

MINNEAPOLIS—The Twin Cities region has one of the healthiest economies in the US, with record-low unemployment and every expectation of further growth. As a result, optimism still reigns in the office sector, even as net absorption numbers began straying into negative territory about one year ago. The vacancy rate continues to hover under the historical average, and rents have also risen steadily. And although both the Minneapolis and St. Paul CBDs attract a lot of attention, brokers for well-located suburban properties also see tenants lining up to take space.

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Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

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