MINNEAPOLIS—CSM Corp. has just signed E-Tech Inc. and Anagram International, Inc. to new leases totaling 112,000 square feet at its University Industrial Park in Minneapolis. The deals bring the park's occupancy from 75% to 100%, another sign that the local market remains one of the strongest in the US.
"These particular spaces at University Industrial Park have seen fairly strong interest," Jim Macchitelli of CSM tells GlobeSt.com. "These two tenants were the best fit for the existing condition and use of the space."
The metro area has an extraordinarily low unemployment rate, currently 3.3% according to the US Bureau of Labor Statistics, the lowest of any large region in the US. And its industrial sector has seen 17 consecutive quarters of positive net absorption.
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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.
