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M E M O R A N D U M <br />• DATE: March 28, 1988 <br />� <br />TO: Jim Andre . <br />FROM: Craig A. Waldron <br />SIIBJECT: Twin Cities Area c parison of vacancy rates <br />Pursuant to our discussi n, I have completed a review of <br />Roseville's office vacancy rate for class A/A-, which is 13�, to <br />other areas in the Twin Cities. Based on Coldwell Bankers most <br />recent data, I have obsexved the following. <br />� <br />1. <br />2. <br />3. <br />4. <br />5. <br />6. <br />a. <br />AREA <br />North Carridor <br />Highway 12 Corridor <br />Higl�way 494 Corrido� <br />�urnsville, Eagan, Apple <br />V�lley <br />Surburban St. Paul <br />Dawnta�n S�. Paul <br />Downtown Mir�neapolis <br />VACANCY RATE <br />44.09� <br />20.18$ <br />24.16� <br />35.57% <br />24.36� <br />1f .9$ <br />16.'7$ <br />AlthQugh Roseville'� ra�e appears to look favorable taday, the <br />repoxt points out that �ajQ � t�at the s�averallllrat��nwill <br />developinc� in �this �zea, an <br />eventually star� �o creep up. <br />