2023 Office Space Rent & Sales
- $18.32 2023 Avg. Asking Rent
- -4.25% Y-o-Y Avg. Asking Rent Change
- 18.89% 2023 Office Vacancy Rate
Brooklyn Center office price per square foot in 2023 was $18.32 on average. This marked a -4.25% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 18.89% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- Minnesota Class A & A+ Office Space$31.15
- Minnesota Class B Office Space$23.44
- Minnesota Class C Office Space$26.99
Brooklyn Center, MN Office Asking Rents by Class
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Office building | Address | SF | Completed |
---|---|---|---|
2800 Freeway Blvd | 2800 Freeway Blvd, 55430 | 7,000 | 1988 |
6200 Shingle Creek Pkwy | 6200 Shingle Creek Pkwy, 55430 | 113,450 | 1986 |
Concorde Executive Center | 6160 Summit Drive North, 55430 | 104,063 | 1986 |
6160 Summit | 6160 Summit Drive, 55430 | 103,539 | 1986 |
EBT Office Center | 6120 Earle Brown Drive, 55430 | 112,952 | 1974 |
Earle Brown Plaza | 6040 Earle Brown Drive, 55430 | 54,100 | 1972 |
Brookdale Towers | 5701 Shingle Creek Pkwy, 55430 | 63,000 | 1971 |
Brookdale West | 5901 Brooklyn Blvd, 55429 | 20,305 | 1968 |
4810 Lilac Drive North | 4810 Lilac Drive North, 55429 | 43,000 | 1957 |
Worth noting among recent office completions on the Brooklyn Center market is 2800 Freeway Blvd, which is currently the largest new office development in the city, at 7,000 square feet.
See reports for other markets
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- Miami Office Rent Price
This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Brooklyn Center commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.