Downtown West Industrial

We couldn't find any industrial spaces for Lease and Sublease

Downtown West

Office Space Market Report

Number of Listings (last 90 days)
123
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,310
As of: July 27, 2017

Downtown West Rates

The typical asking rate per listing is in the $20's per square foot per year. The Downtown West submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 8% decrease in rent.

Compared to the rest of the Minneapolis market, the Downtown West submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

Downtown West Listing Supply

In the last 90 days, 123 listings have been posted online, so you'll want to check back regularly for new listings. About 33% of the office spaces in the Downtown West are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,310 sqft. Most properties in this region are around 12 floors. Most buildings in this area were built in 1962 and are Class B.

Downtown West Community

Real estate is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Downtown West residents. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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