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MINNEAPOLIS—The Twin Cities’ industrial market has been quite active for several years, pushing down vacancy rates and leaving companies that want to expand or relocate very few options. And First Industrial Realty Trust, Inc., a Chicago-based owner, operator and developer of industrial real estate, has decided to take advantage of the situation. It will break ground today on a 142,290-square-foot speculative facility with 32′ clear height on a recently acquired site at the northwest corner of I-694 and Hwy. 81, known as the Interstate North Business Center, in northwest suburban Brooklyn Park.

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