Downtown St. Paul Office Space

Downtown St. Paul

Office Space Market Report

Number of Listings (last 90 days)
87
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
3,530
As of: January 23, 2017

Downtown St. Paul Rates

The typical asking rate per listing is in the $10's per square foot per year. The Downtown St. Paul region is seeing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 8% decrease in rent.

Downtown St. Paul Listing Supply

In the last 90 days, 87 listings have been listed, so you'll want to check back regularly for new listings. About 1% of the listings in the Downtown St. Paul are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 3,530 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 8 floors. Most buildings in this area were built in 1942 and are Class B.

Downtown St. Paul Community

A large portion of this market is residential, but there's plenty of office_space. Agriculture is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Downtown St. Paul folk. Commuting around 30 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 St. Paul.
Market Report

Market Data

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