Minneapolis Office Space
Minneapolis Office Space Advisors
Search Minneapolis 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 Minneapolis office space for sale or rent 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 Minneapolis or looking to market your office building…
Minneapolis Office Space for Lease
Leasing office space in downtown Minneapolis can be a great option for businesses looking to be in the heart of the city. The area offers a wide range of office space options, from traditional, to creative, to co-working. Many of the office buildings have been recently renovated and offer modern amenities. These amenities include high-speed internet, conference rooms, training centers, and on-site fitness centers. Downtown Minneapolis is also home to many restaurants, bars, and entertainment venues, making it a vibrant place to work and do business. Let us help you rent office space in downtown Minneapolis.
List Your Minneapolis Office Building
If you’re looking to list your Minneapolis office building for sale or lease, partnering with CRE Partners can be instrumental in achieving your goals. By enlisting the services of our experienced professionals, we can help you determine optimal marketing and pricing strategies to effectively sell, lease, or sublease your office space. We conduct comprehensive market analyses to assess current trends and demand, helping you make informed decisions about pricing and positioning. Additionally, we leverage our extensive network and resources to maximize exposure for your listing. We can streamline the process and enhance the chances of securing a favorable outcome for your office building transaction in Minneapolis.
Minneapolis Neighborhoods
The Minneapolis office space market has many diverse subsections. The city has numerous traditional Class A, Class B, Class C, shared, co-working, and medical office space options for sale or lease. Other neighborhood subsections of Minneapolis outside of the downtown CBD offer more unique or creative office space choices. The city has many subsections including: North Loop, Northeast, Uptown, Downtown East, Downtown West, University, Bryn Mawr, Loring Park, and Hiawatha. Minneapolis is the 16th-largest metropolitan area in the United States. The metro is the second-largest economic center in the Midwest containing America’s fifth-highest concentration of Fortune 500 companies.
Downtown Minneapolis Office Market Stats
The Downtown Minneapolis office space market comprises of over 52,000,000 square feet. A vast majority (65%) of the office buildings are considered Class A, approx 30% Class B, and less than 5% Class C. Some of the larger buildings include: IDS Center at 1,400,000 SF, Capella Tower at 1,400,000 SF, 90 S 7th at 1,200,000 SF, the new Dayton’s project at 1,000,000 SF. The downtown submarket has seen significant development in recent years and can generally accommodate users in all size ranges (200 SF – 200,000 SF +).
Minneapolis Office Space FAQ
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 Minneapolis 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 Minneapolis office space varies a great deal depending on building class (A, B, C), location (skyway connected), tenant improvements, credit, lease term, total square footage, and market trends. In downtown Minneapolis, the cost to rent office space can be anywhere from $22 per square foot gross to $45 per square foot gross (or higher).
Pricing for Minneapolis office buildings vary and will fluctuate depending on the type of building (class A, B, C), location, condition, if tenants are in place, and market trends. If you are looking to potentially sell or lease your office building, we would be happy to provide you with a free evaluation or opinion of value.
The Minneapolis office market has a wide range of various sizes for office users. You can find individual offices or co-working spaces that can accommodate very smaller users under 200 SF. Small suites between 1,500 – 10,000 SF are widely available. The submarket also has availability for large users of 50,000 SF + and everything in-between.