Minneapolis is being recognized as number 13 in the Top 18 Distribution Markets in the nation according to JLL’s research
You may ask why not a typical top 10 list? Well, JLL believes that focusing solely on the largest distribution markets only validates what corporate occupiers and developers already know. In our expertise, site selections decisions are becoming much more regionalized as occupiers push deeper into the U.S. population, hence the top 18 market aggregations.
Minneapolis is not only known for their fair cost of living, but we also have an affluent core of residents and 16 Fortune 500 companies, just in the metro-area, 17 if count Hormel, located in SE corner of the state. Minneapolis stacks up to the other back nine in the population category. Though Minneapolis scores high on its blue-collar civilian labor force, it may result in relatively high-costs from a wage and real estate pricing perspective.
To get further insight on the rest of the distribution market course, click here.