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Minneapolis–St. Paul
Finance and insurance driving expansions
and relocations in the market
Chart of the week: October 20, 2015
• As of third quarter, metro employment in the finance and insurance industries finally approached pre-
recession levels.
• The office market saw substantial leasing activity from firms like Ally Financial which recently relocated
150 employees to the Shoreview Corporate Center with plans to add another 250 jobs by 2017.
• Other firms like One Beacon Insurance Group, Securian Financial Group, Travelers Companies, and
General Casualty Company have either invested in new space or absorbed existing space in all corners
of the Minneapolis-St. Paul market.
Source: BLS, Federal Reserve Bank of St. Louis, JLL Research
MSP metro employment in finance & insurance (thousands)
114.3
114.8
113.1
111.7
108.9
108.2
109.7
111.7 112.0
113.0
114.2
104.0
108.0
112.0
116.0
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015YTD

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Minneapolis–St. Paul Chart of the Week October 20, 2015

  • 1. Minneapolis–St. Paul Finance and insurance driving expansions and relocations in the market Chart of the week: October 20, 2015 • As of third quarter, metro employment in the finance and insurance industries finally approached pre- recession levels. • The office market saw substantial leasing activity from firms like Ally Financial which recently relocated 150 employees to the Shoreview Corporate Center with plans to add another 250 jobs by 2017. • Other firms like One Beacon Insurance Group, Securian Financial Group, Travelers Companies, and General Casualty Company have either invested in new space or absorbed existing space in all corners of the Minneapolis-St. Paul market. Source: BLS, Federal Reserve Bank of St. Louis, JLL Research MSP metro employment in finance & insurance (thousands) 114.3 114.8 113.1 111.7 108.9 108.2 109.7 111.7 112.0 113.0 114.2 104.0 108.0 112.0 116.0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015YTD
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