Compared to the rest of the Minneapolis market, the Uptown submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 9 listings have been posted online, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 11% of the office spaces in the Uptown are subleases, so you might be able to snag a great spot on a short term. 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 11,000 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are around 3 stories. Most buildings in this market were built in 1911 and are Class A.
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 area. 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.