Minnesota Office Space

Minnesota

Office Space Market Report

Number of Listings (last 90 days)
1,734
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
3,910
As of: December 8, 2016

Minnesota Rates

Most listings are in the $20's per square foot per year. The Minnesota region is seeing a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 3% increase in rent.

Minnesota Listing Supply

In the last 90 days, 1705 listings have been made available, so you'll want to check back regularly for new listings. About 3% of the available leases in the Minnesota are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,949 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 2 stories. Most buildings in this region were built in 1984 and are Class B.

Minnesota Community

Market Report

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

Market Data

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