How many Class A submarkets are in Minneapolis?

5, ranging from trophy (Downtown East) down to established and emerging clusters.

Minneapolis has 5 distinct Class A submarkets we track, anchored by Downtown East at the trophy tier.

5 submarkets covered.
Trophy tier: Downtown East, Downtown West.
Prime tier: North Loop.
Established/emerging tier: Southwest Suburbs (Edina, Eden Prairie), Downtown St. Paul.

Minneapolis Class A submarkets

Minneapolis has 5 distinct Class A submarkets we track, anchored by Downtown East at the trophy tier.

TL;DR

5 submarkets covered.
Trophy tier: Downtown East, Downtown West.
Prime tier: North Loop.
Established/emerging tier: Southwest Suburbs (Edina, Eden Prairie), Downtown St. Paul.

By tier

**Downtown East** (trophy, ~$44/sqft/yr) — Trophy near US Bank Stadium. **Downtown West** (trophy, ~$42/sqft/yr) — Legacy trophy core with skyway connectivity. **North Loop** (prime, ~$38/sqft/yr) — Creative-class warehouse repositioning. **Southwest Suburbs (Edina, Eden Prairie)** (established, ~$28/sqft/yr) — Suburban Fortune 500 belt. **Downtown St. Paul** (established, ~$26/sqft/yr) — Capital city government and law cluster.

Key facts

city	Minneapolis
country	United States
region	Americas
classARentLocal	32 USD/sqft/yr
classARentUsd	$32/sqft/yr
vacancy	23.7%
typicalLeaseYears	10
typicalRentFreeMonths	16
submarkets	5
primeYieldPct	7.4%
trophyCount	2
primeCount	1

Frequently asked questions

How many Class A submarkets are in Minneapolis?: 5, ranging from trophy (Downtown East) down to established and emerging clusters.

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

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

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