minneapolis st. paul Office Market Report
By CREhunt Research · Data through Q4 2025 · Aggregated from JLL
Quarterly office market indicators for minneapolis st. paul, aggregated by CREhunt from JLL. As of Q4 2025, average asking rent was $31.40/SF/yr and vacancy was 24.1%, per JLL.
Projected current office pricing — minneapolis st. paul
Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for minneapolis st. paul office yet, so this applies the typical cap rate across comparable office markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q4 2025 JLL asking-rent data (benchmark cap rate 6.5%–8.6%, asking rent held flat). Assumes ~76% occupancy and a 50–65% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q4 2025 JLL | $31.40/SF/yr | 24.1% | — | — | JLL |
Frequently asked questions
- What is the average asking rent for office space in minneapolis st. paul?
- As of Q4 2025, the average asking rent for office space in minneapolis st. paul was $31.40/SF/yr, per JLL.
- What is the office vacancy rate in minneapolis st. paul?
- The office vacancy rate in minneapolis st. paul was 24.1% as of Q4 2025 (JLL).
- Where does CREhunt's minneapolis st. paul market data come from?
- This report aggregates quarterly office market data for minneapolis st. paul from JLL.