Downtown St. Paul's tenant base is anchored by government, law, professional services, financial services.

• Tier: established.
• Tenant character: Capital city government and law cluster.
• Average rent: $26/sqft/yr.

TL;DR

• Tier: established.
• Tenant character: Capital city government and law cluster.
• Average rent: $26/sqft/yr.

Who clusters here

Government, law, professional services, financial services.

What that means for newcomers

Newcomers to Downtown St. Paul should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

Frequently asked questions

What kind of tenants lease in Downtown St. Paul?

Government, law, professional services, financial services.

Related

• Downtown St. Paul — submarket overview
• Minneapolis — full city profile
• Minneapolis submarkets — all
• Downtown St. Paul — Rents
• Downtown St. Paul — Transit
• Downtown St. Paul — Amenity
• Downtown St. Paul — Buildings

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

• CBRE Marketview reports — CBRE
• JLL Office Insight — JLL
• Cushman & Wakefield Marketbeat — Cushman & Wakefield
• Savills World Research — Savills
• Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction

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