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Minneapolis Market Report

Minneapolis Office Market

Average Asking Rate (Price/SF)
   $25.47
Vacancy Rate (%)
     12.8%
Net Absorption (SF)
 375,470

The Minneapolis-St. Paul office market positively absorbed 375,470 square feet during the first quarter of 2018. Vacancy was 12.8%, down 13.0% at year-end 2017. The lowest rate was recorded in the Southeast submarket at 7.7% and the highest in the St. Paul Central Business District at 19.7%.



Minneapolis Office Market Report
1Q18
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