Uptown Office Space

Uptown

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
1,200
As of: December 2, 2016

Uptown Rates

The typical asking rate per listing is in the $20's per square foot per year. The Uptown region is going through a an increase in rates. In the last 3 months, the median rate went up $26 per sqft per year. That's a Inf% increase in rent.

Compared to the rest of the Minneapolis market, the Uptown region has more expensive rates, and you'll need to pay a premium to be in this hot region.

Uptown Listing Supply

In the last 90 days, 13 listings have been made available, which means new listings most likley are 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,200 sqft. Most properties in this market are close to 3 stories. Most buildings in this market were built in 1925 and are Class A.

Uptown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Uptown folk. Commuting approximately an hour 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 Uptown.
Market Report

Market Data

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