Tuesday, July 14, 2026
Family Office Briefing on research byMarcus & Millichap·May 22, 2026

Minneapolis-St. Paul Industrial Market Report - 2Q 2026

Minneapolis-St. Paul industrial market shows bifurcated demand in 2Q26 — family offices eyeing warehouse/distribution co-GP plays amid manufacturing softness

IndustrialMinneapolisMinnesota2026

Key Metrics

MetricValue
Manufacturing Space Leasing Decline21%
Cottage Grove-Forest Lake Vacancy Decline500bps
2026 Deliveries Pre-Leased85%

Metrics extracted from the source report and independently fact-checked. Method →

Building a thesis around Minneapolis? Share it confidentially with the Thesis Exchange — we pair you anonymously with family offices running adjacent industrial strategies.

Peer Network · By Invitation

The Thesis Exchange

Share an investment thesis in confidence. We pair you anonymously with up to two other family offices running adjacent strategies. Reviewed by Gallium's editorial team. No vendor pitch.