Downtown East is best-fit for banking, professional services, sports and entertainment, corporate hqs.
Downtown East is best-fit for banking, professional services, sports and entertainment, corporate hqs.
Banking, professional services, sports and entertainment, corporate HQs.
Cost-sensitive operations and back-office functions are usually a poor fit — the rent premium is real and is paid for brand and address.
| city | Minneapolis |
|---|---|
| submarket | Downtown East |
| tier | trophy |
| averageRentLocal | $44/sqft/yr |
| cityClassARentUsd | $32/sqft/yr |
| cityVacancyPct | 23.7% |
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.