North Loop is best-fit for tech, creative agencies, advertising, food and beverage hqs.

  • Tier: prime.
  • Tenant fit: Tech, creative agencies, advertising, food and beverage HQs.
  • Average rent $38/sqft/yr.

North Loop, Minneapolis: best fit for…

North Loop is best-fit for tech, creative agencies, advertising, food and beverage hqs.

TL;DR

  • Tier: prime.
  • Tenant fit: Tech, creative agencies, advertising, food and beverage HQs.
  • Average rent $38/sqft/yr.

Best fit

Tech, creative agencies, advertising, food and beverage HQs.

Less good fit

Tenants demanding the absolute top-of-market trophy address may find prime tier just below their target.

Key facts

cityMinneapolis
submarketNorth Loop
tierprime
averageRentLocal$38/sqft/yr
cityClassARentUsd$32/sqft/yr
cityVacancyPct23.7%

Frequently asked questions

Is North Loop the right fit for my office?
Tech, creative agencies, advertising, food and beverage HQs. If your profile aligns, yes. If your priority is cost over address, consider value-tier submarkets first.

Related

Editorial provenance

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

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