North Loop prime stock delivers a mid-to-high Cat-A baseline; tenant fit-out is typically Mid or High-end spec.

  • Typical spec: 15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
  • Minneapolis fit-out range — Basic $65–95/sqft, Trophy $215–320/sqft.
  • Submarket tier: prime.

North Loop, Minneapolis fit-out and specification

North Loop prime stock delivers a mid-to-high Cat-A baseline; tenant fit-out">fit-out is typically Mid or High-end spec.

TL;DR

  • Typical spec: 15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
  • Minneapolis fit-out range — Basic $65–95/sqft, Trophy $215–320/sqft.
  • Submarket tier: prime.

Spec baseline

15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.

Cost bands

City-wide Minneapolis fit-out bands: Basic $65–95/sqft, Mid $100–145/sqft, High-end $150–215/sqft, Trophy $215–320/sqft.

Key facts

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

Frequently asked questions

What spec level is normal in North Loop?
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.

Related

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

Full sources index · Submit a correction

Related topics