Downtown East Office Space

Downtown East

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
10,340
As of: January 23, 2017

Downtown East Rates

The typical asking rate per listing is in the $30's per square foot per year. The Downtown East region is experiencing a a rise in rates. In the last 3 months, the median rate went up $30 per sqft per year.

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

Downtown East Listing Supply

In the last 90 days, 1 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 10,340 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 4 floors. Most buildings in this area were built in 1908 and are Class B.

Downtown East Community

A large portion of this area is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Downtown East residents. Commuting close to 10 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 East.
Market Report

Market Data

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