Loring Park Office Space

Loring Park

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$15
Median Size (sqft)
4,390
As of: July 27, 2017

Loring Park Rates

Compared to the rest of the Minneapolis market, the Loring Park submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Loring Park Listing Supply

In the last 90 days, 8 listings have been posted online, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 13% of the office spaces in the Loring Park are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 4,390 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this region were built in 1916 and are Class C.

Loring Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Loring Park folk. Commuting approximately 20 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 Loring Park.
Market Report

Market Data

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