Wednesday, June 10, 2026
Family Office Briefing on research byLee & Associates·Oct 29, 2024

2024 Q3 Twin Cities, MN - Office

Minneapolis office market sees increased leasing activity in Q3 2024 — family offices should consider co-GP opportunities with modern office operators.

Office2024

Key Metrics

MetricValue
Vacancy Rate11.60%
Net Absorption(628,711)SF
Average Asking Rate26.91$/SF
Cap Rate9.6%

Metrics extracted from the source report and independently fact-checked. Method →

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