Downtown Milwaukee Office Space

Downtown Milwaukee

Office Space Market Report

Number of Listings (last 90 days)
115
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
3,160
As of: June 23, 2017

Downtown Milwaukee Rates

On average, listings lease in the $30's per square foot per year. The Downtown Milwaukee region is going through a an increase in rates. In the last 3 months, the median rate went up $30 per sqft per year.

Compared to the rest of the Milwaukee market, the Downtown Milwaukee region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Downtown Milwaukee Listing Supply

In the last 90 days, 115 listings have been made available, so you'll want to check back regularly for new listings. About 74% of the available leases in the Downtown Milwaukee are subleases, so you might be able to find a shorter term or below market rent. 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 3,160 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are around 6 floors. Most buildings in this market were built in 1916 and are Class A.

Downtown Milwaukee Community

A large portion of this region is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Downtown Milwaukee residents. Commuting between 30 and 45 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 Milwaukee.
Market Report

Market Data

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