University Industrial


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 24, 2016

University Rates

On average, listings lease in the $10's per square foot per year. The University submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 7% increase in rent.

Compared to the rest of the Minneapolis market, the University submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.

University Listing Supply

In the last 90 days, 12 listings have been made available, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 9,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 3 stories. Most buildings in this market were built in 1931 and are Class B.

University Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst University occupants. Commuting under 5 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 University.
Market Report

Market Data

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