Minneapolis Office Space

Minneapolis

Office Space Market Report

Number of Listings (last 90 days)
276
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
4,120
As of: May 20, 2017

Minneapolis Rates

On average, listings lease in the $20's per square foot per year. The Minneapolis region is experiencing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 6% rise in rent.

Minneapolis Listing Supply

In the last 90 days, 276 listings have been listed, so you'll want to check back regularly for new listings. About 3% of the listings in the Minneapolis are subleases, so you will probably have to consider a longer term lease. 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 4,120 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 3 stories. Most buildings in this area 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