Burnsville, Eagan, Apple Valley Submarket Report
Burnsville | Eagan | Apple Valley | Mendota Heights | West St. Paul Rosemount
Submarket Overview
Burnsville, Eagan and Apple Valley are suburbs of the Twin Cities metro area. This submarket is both a commuter region for Minneapolis and St. Paul as well as the home to several large employers. Large employers include Thomson Reuters (6,000 employees), BlueCross/Blue Shield of MN (3,000 employees), and the US Postal Service (2,400 employees). This submarket is known as being home to the Minnesota Zoo and the Twin Cities Orthopedics Performance Center, which serves as the Minnesota Vikings Training Facility.
The Burnsville, Eagan and Apple Valley submarket contains approximately 14.3 million square feet of office space. The vacancy rate has risen above the long-term market average at 9.5%; this rate is still slightly below the Minneapolis vacancy rate of 9.8%. There is nothing under construction currently, which is unusual for this submarket.
