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General Comments <br />Not a warehouse distribution location due to access <br /> <br />Land, inclusive of special assessments is $3 to $5 sq/ft <br />Range is based upon spec vs. build-to-suit <br />Need incentives if you want more <br />If assessments could be over a 15 to 20 year period that would be helpful <br /> <br />A lot of vacant space in existing market area <br />Hard for new construction to compete <br />Not a lot of demand (NE market is not “hot” right now) <br />Competition from Arden Hills, Roseville, New Brighton, Fridley, Shoreview & <br />Mounds View <br /> <br />Current market is a build-to-suit, not spec <br /> <br />5 to 10 year build out <br /> <br />Acreage shown may be too much for flex <br /> <br />