Minnesota Office Space

Minnesota

Office Space Market Report

Number of Listings (last 90 days)
3,108
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
3,010
As of: January 22, 2017

Minnesota Rates

The typical asking rate per listing is in the $10's per square foot per year. The Minnesota region is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 6% decline in rent.

Minnesota Listing Supply

In the last 90 days, 3025 listings have been made available, so you'll want to check back regularly for new listings. About 1% of the listings 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 3,000 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 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