106 Water Street — Lease in Saint Paul, MN
- Price: Contact for price
- Listing type: For lease
- Asset type: Office
- Location: Saint Paul, MN 55107
- Submarket: St. Paul CBD
Photos
Description
30,000 SF Available at 106 Water Street! Industrial, Brick and Beam Office. Great natural lighting, trail access, riverfront views and minutes to downtown St. Paul.
Market Context
This office in Saint Paul, MN is listed for lease. Compare it against other office listings for lease in Saint Paul, MN — view the full market.
As of Q1 2026, the Minneapolis office market showed a 26.4% vacancy rate, average asking rents near $29.95/SF/yr, and rents up 3.4% year over year. Source: multiple brokerage reports, Q1 2026.
Rising rents point to a competitive market where well-priced, well-located space leases quickly.
Office market FAQ
- Is the Minneapolis office market tightening or softening?
- Vacancy is around 26.4%, with asking rents rising year over year (Q1 2026).
By our match to nearby addresses in brokers' reports, this property is in the St. Paul CBD submarket, where average asking rent was $22.57/SF/yr in Cushman & Wakefield's Q2 2026 report.
Contact
- Chris Gliedman · 612 336 4311 · chris.gliedman@cbre.com
- Mike Marinovich · 612 336 4313 · mike.marinovich@cbre.com
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