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Minneapolis Market Report

Minneapolis Office Market

Average Asking Rate (Price/SF)
   $24.43
Vacancy Rate (%)
     12.4%
Net Absorption (SF)
 470,763

The Minneapolis-St. Paul office market positively absorbed 480,763 square feet during the second quarter of 2018. Vacancy was 12.4%, down from 12.8% at year-end 2017. The West submarket led absorption with 263,512 square feet absorbed.



Minneapolis Office Market Report
2Q18
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Minneapolis-St. Paul Office Market Trends
2Q18
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