Vicky Reports ".... Collier-Towle Real Estate in Minneapolis shows vacancies for the
nearly 26 million square feet of office space available downtown .....the
amount of sublease space bumps the vacancy rate up to more than 21 percent.
That's more than four times the rate for what's considered a stable lease
market." (MPR early 2003)"


The 26 million square feet referred to the article is the TOTAL office space not the vacant portion.

Your subject line completely misrepresents the facts and severely undercuts the arguments you are trying to make.

Sincerely

Nick Frank
Elliot Park

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