2023 Office Space Rent & Sales
- $19.71 2023 Avg. Asking Rent
- -1.73% Y-o-Y Avg. Asking Rent Change
- 27.12% 2023 Office Vacancy Rate
Brookfield office price per square foot in 2023 was $19.71 on average. This marked a -1.73% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 27.12% 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
- Wisconsin Class A & A+ Office Space$26.13
- Wisconsin Class B Office Space$20.38
- Wisconsin Class C Office Space$22.14
Brookfield, WI Office Asking Rents by Class
Office Spaces for Rent in Wisconsin
Coworking Spaces in Wisconsin
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2023 Office Construction in Brookfield, WI
| Office building | Address | SF | Completed |
|---|---|---|---|
| Golf Parkway Corporate Center - Building 1 | 17335 Golf Pkwy, 53045 | 186,000 | 2022 |
| Calfield Business Center | 16960 West Greenfield Avenue, 53005 | 49,558 | 2016 |
| 20633 Watertown Court | 20633 Watertown Court, 53186 | 31,752 | 1999 |
| 21905 Gateway Road | 21905 Gateway Road, 53045 | 103,250 | 1998 |
| Crossroads Corporate Center XII | 20225 Water Tower Blvd, 53045 | 77,042 | 1998 |
| Crossroads Corporate Center XIV | 20300 Water Tower Blvd, 53045 | 40,600 | 1998 |
| Crossroads Corporate Center - 20700 Swenson Drive | 20700 Swenson Drive, 53186 | 86,521 | 1996 |
| Fox River Business Center | 19265 West Capitol Drive, 53045 | 76,342 | 1996 |
| Bluemound Office Plaza | 15800 West Bluemound Road, 53005 | 92,080 | 1995 |
| Crossroads Corporate Center - 20935 Swenson Drive | 20935 Swenson Drive, 53186 | 71,276 | 1992 |
Worth noting among recent office completions on the Brookfield market is Golf Parkway Corporate Center - Building 1, which is currently the largest new office development in the city, at 186,000 square feet.
See reports for other markets
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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 Brookfield 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.