RBC Gateway — Sale in Minneapolis, MN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Minneapolis, MN 55401

Description

RBC Gateway brings a new vision for a historic downtown Minneapolis site. At just under two acres, the site is situated on what was once home to the renowned Nicollet Hotel. This area is historically referred to as Bridge Square, because of it’s location at the southern foot of the Hennepin Avenue Bridge and is said to be Minneapolis’ original downtown. At the turn of the 20th century, the area was rebranded into The Gateway District to celebrate its status as the gateway into Minneapolis. Today, this area remains as the historic core of the city and the RBC Gateway project helps celebrate these deep roots. Within its 1.2 million square feet, RBC Gateway is home to RBC Wealth Management’s world headquarters, the Pohlad Companies, and a Four Seasons Hotel - Minneapolis’ first 5-star luxury hotel. The tower also includes 33 private residential condos, a public plaza with green space, and the street-level restaurants, Mara and Socca Café.

Market Context

This office in Minneapolis, MN is listed for sale. It has been on the market for 141 days. Compare it against other office listings for sale in Minneapolis, MN — view the full market.

As of Q1 2026, the Minneapolis office market showed average asking rents near $29.92/SF/yr, and cap rates around 12.1%. Source: multiple brokerage reports, Q1 2026.

Office market FAQ

What is the typical cap rate for office in Minneapolis?
About 12.1% as of Q1 2026, per multiple brokerage reports.

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