Plymouth, for example, restricts the types of tenants who can lease buildings, and Brooklyn Park has standards that restrict the type of construction and jobs in new development projects. Warehouses and industrial-related businesses, including junkyards and distribution centers, are being forced to move farther from the core cities. United officials said industrial developers are purchasing large parcels in outer-ring communities, including Rogers, Champlin, Lino Lakes and Farmington. Housing remains one of the hottest areas of the real estate market. Apartment vacancy rates remain below 2 percent in the Twin Cities, compared with a national average of 9 percent.
Retail development is another strong area of the real estate market.
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