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5.0. EDSR 08-09-2004
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5.0. EDSR 08-09-2004
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City Government
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8/9/2004
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ST. PAUL, EAST - COMBINED <br /> • <br /> CURRENT UNIVERSE <br /> Annual Net <br /> Total Occupied Vacant Percent Absorption <br /> (Sq.Ft.) (Sq.Ft.) (Sq.Ft.) Vacant (Sq.Ft.) <br /> Existing Projects 19,455,913 17,619,850 1,836,063 9.4% (27,219) <br /> New Projects 323,250 164,000 159,250 49.3% 164,000 <br /> Current Universe 19,779,163 17,783,850 1,995,313 10.1% 136,781 <br /> FUTURE PROJECTS <br /> Total Number Of <br /> (Sq.Ft.) Projects <br /> Under Construction 37,000 1 <br /> Planned Projects 325,462 4 <br /> Future Projects 362,462 5 <br /> NET ABSORPTION(Years Ended April 30) <br /> Annual Net Percent of <br /> Absorption Occupied <br /> Year (Sq.Ft.) Square Feet <br /> 2000 799.499 6.1 <br /> 2001 465,126 3.4 <br /> • 2002 (412,246) 2.3 <br /> 2003 1,207,957 6.2 <br /> 2004 136,781 0.8 <br /> Five Year Average 439,423 <br /> LARGEST CONTIGUOUS SPACE BREAKDOWN <br /> Vacancy Size Number of <br /> Square Feet Projects Square Feet <br /> 0 144 0 <br /> 1—9,999 20 91,696 <br /> 10,000—24,999 13 213,031 <br /> 25,000—49,999 10 323,474 <br /> 50,000—99,999 7 575,693 <br /> 100,000+ 3 496,960 <br /> Total* 197 1,700,854 <br /> *One block of space per project,may not reflect total vacancy.Not all projects reporting Largest Contiguous Space figures. <br /> • <br /> 21 <br /> NAIOP 2004 ANNUAL INDUSTRIAL MARKET UPDATE <br />
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