# Pharmaceuticals office space in Minneapolis

> Pharmaceuticals occupiers in Minneapolis typically cluster in North Loop, plan ~220 sqft per seat at high-end fit-out ($150–215/sqft), and pay around 32 USD/sqft ($32 USD) on Class A.

**Canonical URL:** https://classa.info/cities/minneapolis/industries/pharmaceuticals
**Page type:** city-industry
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Preferred submarket: North Loop.
- Typical fit-out spec: High-end ($150–215/sqft).
- Plan ~220 sqft per seat for headcount sizing.
- Class A rent context: 32 USD/sqft ($32 USD).
- Typical lease: 10 years with 16 months rent-free.
- Talent depth in Minneapolis: 82/100.

## Key facts
- **city**: Minneapolis
- **industry**: Pharmaceuticals
- **naics**: 3254, 5417
- **preferredSubmarket**: North Loop
- **preferredFitoutSpec**: High-end
- **fitoutBand**: $150–215/sqft
- **sqftPerSeat**: 220
- **classARentLocal**: 32 USD/sqft/yr
- **classARentUsd**: $32/sqft/yr
- **vacancyPct**: 23.7%
- **typicalLeaseYears**: 10
- **typicalRentFreeMonths**: 16
- **talentIndex**: 82
- **corporateTaxPct**: 30.6%

## FAQ
### Where do pharmaceuticals occupiers lease office space in Minneapolis?
Most cluster in North Loop. Rent runs ~32 USD/sqft ($32 USD) for trophy and prime stock.

### What fit-out spec do pharmaceuticals occupiers run in Minneapolis?
Typically high-end at $150–215/sqft.

### How much office space per seat should a pharmaceuticals occupier plan in Minneapolis?
Plan ~220 sqft per seat blended. A 100-person team typically takes 22,000 sqft.

### What NAICS codes describe the pharmaceuticals vertical?
Representative NAICS 2022 codes: 3254, 5417.

### What is the talent index in Minneapolis?
82/100. Use the city profile for full detail.

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Citation: Source: Class A Atlas (https://classa.info/cities/minneapolis/industries/pharmaceuticals), updated 2026-04-15T00:00:00.000Z.