Bloomington Office Space
Bloomington Office Space Advisors
Search Bloomington office space for lease or sale. Our advisors have years of experience finding the right office space that meets your need. Get the most up-to-date information on available Bloomington office space for sale or lease that is generally not available to the public. For landlords and building owners, we go above and beyond just putting a sign out front and hoping for the best. Whether you are searching all available office listings in Bloomington, MN or looking to market your building, we are here to help.
Bloomington Office Space for Lease
Bloomington, MN is a thriving suburban community that offers a range of opportunities for businesses looking for office space to lease. There are several office space options available for rent in Bloomington, including traditional office buildings, coworking spaces, executive suites, and sublease space including near the Mall of America. The MOA is right next to the airport, is within walking distance to an unbelievable amount of nearby shops & restaurants, and has easy access to Hwy 77 and Interstate 494. Normandale Lakes in Bloomington is known for its high-end class A office buildings and easy access to Hwy 100 & 494.
We List Bloomington Office Buildings For Sale
If you’re looking to sell an office building in Bloomington, you’re in luck. Bloomington is a growing suburban community with a high demand with numerous companies looking to lease, sublease, and purchase office space. We know the market, can help you determine the fair market value of your Bloomington office building, navigate the selling process, market it to potential buyers, and negotiate the best possible sale deal. Let us help you list and market your Bloomington office building for sale.
Bloomington, MN
One of the biggest advantages of setting up an office in Bloomington is its convenient location. The city is located near the International Airport and major highways like Interstate 494 and 35W, making it easy to access other parts of the metropolitan area. Bloomington is also home to the Mall of America, which is the largest mall in the United States and a major tourist destination.
Bloomington offers a wide variety of amenities and services that make it an attractive location for businesses seeking office space. The city has many parks and recreational areas, including Hyland Lake Park Reserve and Normandale Lake Park & corresponding Normandale Lakes Office Towers. There are also numerous restaurants, shops, and entertainment venues in the area, making it easy to find everything you need for your business and your employees.
Bloomington Office Market Stats
The Bloomington (or I-494 corridor) office space market comprises of over 33,000,000 square feet. The area has a good mix of Class A (38%), Class B (49%), and Class C (13%). The Normandale Towers are the most recognizable office buildings in the area. The Normandale towers have easy access to Hwy 100 and I-494 and have amenities galore. The buildings also have some of the highest rental rates in the area. The MOA area has seen new development, but also offers lower-end options. Some of the larger buildings include: Offices at Mall of America at 245,000 SF, 8000/8200/8400/8500 Tower at over 1 million SF, and numerous other class A buildings in the 250,000 SF range. The Bloomington submarket can generally accommodate users in all size ranges (200 SF – 50,000 SF +).
Start your search with us! We can help you locate all the various options, in all size ranges. We have access to a subscription-based MLS database that may have far more Bloomington, MN office space options than the public can find online. We do all the leg work: lengthy internet searches, detailed property info gathering, set up property tours, compare the financial details, provide due diligence assistance, and negotiate a deal.
The cost of renting or leasing office space in Bloomington, MN has a very large range depending on the building and location. The area has a few notable buildings (including Normandale Lakes), existing multi-story office buildings, older class C buildings, and some single-story flex buildings. Tenant improvements, credit, lease term, total square footage, parking needs, and market trends will play a big factor. In Bloomington, the cost to rent office space can be anywhere from $20 per square foot gross to $45 per square foot gross.