Minneapolis Industrial

Minneapolis

Office Space Market Report

Number of Listings (last 90 days)
276
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
3,600
As of: June 26, 2017

Minneapolis Rates

The typical asking rate per listing is in the $20's per square foot per year. The Minneapolis submarket is going through a an increase in rates. In the last 3 months, the median rate went up $21 per sqft per year.

Minneapolis Listing Supply

In the last 90 days, 276 listings have been listed, so you'll want to check back regularly for new listings. About 50% of the listings in the Minneapolis are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,600 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 3 floors. Most buildings in this market were built in 1927 and are Class B.

Minneapolis Community

Market Report

Trends and status of the commercial real estate market in Minneapolis.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Minneapolis.
Research