Uptown Sublease

Uptown

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
43,560
As of: August 16, 2017

Uptown Rates

Compared to the rest of the Minneapolis market, the Uptown submarket has higher rates, and you'll need to make a great offer to be in this hot region.

Uptown Listing Supply

In the last 90 days, 9 listings have been made available, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 33% of the available leases in the Uptown 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 available, so finding a space for a small business might be tough.

Even though the median size is 43,560 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 3 stories. Most buildings in this area were built in 1911 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 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.

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