Warehouse District Sublease

Warehouse District

Office Space Market Report

Number of Listings (last 90 days)
79
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
3,800
As of: January 16, 2017

Warehouse District Rates

The typical asking rate per listing is in the $20's per square foot per year. The Warehouse District region is seeing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 11% decrease in rent.

Compared to the rest of the Minneapolis market, the Warehouse District region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.

Warehouse District Listing Supply

In the last 90 days, 82 listings have been made available, so you'll want to check back regularly for new listings. About 6% of the available space in the Warehouse District 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 posted, so finding a space for a small business might be tough.

Even though the median size is 3,800 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 5 stories. Most buildings in this area were built in 1907 and are Class B.

Warehouse District Community

A large portion of this market is residential, but there's plenty of office_space. Professional services is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Warehouse District occupants. Commuting around an hour and a half 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 Warehouse District.
Market Report

Market Data

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