Minneapolis Industrial

Minneapolis

Office Space Market Report

Number of Listings (last 90 days)
453
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
6,700
As of: December 6, 2016

Minneapolis Rates

On average, listings lease in the $20's per square foot per year. The Minneapolis region is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.

Minneapolis Listing Supply

In the last 90 days, 447 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the available space in the Minneapolis are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 6,920 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 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