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<br /> <br />ompetitive Market Area <br />emand for Office Space, 2005-2010 <br /> <br />Gross RanCle. 2005-2010 <br /> <br />Annu <br /> <br />m Business & Employment Growth <br /> <br />nployment Growth, Twin Cities Metro Area, 2005-2010 1 <br />lated % "Office" Jobs 2 <br />jeded "office" employment growth, 2005-2010 <br />200 square feet per employee <br />jeded regional demand for office space 2005-2010 (Sq. Ft.) <br />nated Market Share for Northeast Sector 3 <br />jeded Positive Absorption in Northeast Sector (Sq. Ft.), 2005-2010 <br />'ent Excess Vacancy (to brinq sector from 14% to 7% vacancy) <br />. <ed Demand for New Office Space in Northeast Sector (Sq. Ft.), 2005-2010 <br /> <br /> Low HiQh Low <br /> 125,000 to 125,000 25,000 to <br />x 30% to 35% to <br />= 37,500 to 43,750 3,750 to <br />x 200 200 <br />= 7,500,000 to 8,750,000 750,000 to <br />x 16% 18% <br />= 1,200,000 to 1,575,000 120,000 to <br /> 475.000 475,000 <br /> 725,000 to 1,100,000 72,500 to <br /> <br />ew of projections by MN Workforce Center, Twin Cities Met Council, and regional economists <br />~w of current employment and projected employment growth by industry sector - per MN Workforce Center <br />:tor capture rate is based upon analysis of the Northeast Sector share of regional office space and also its share of regionwide office absorption 1995 to present. <br /> <br />. Marquette Advisors <br />