Average Rent for Office Space in Milwaukee, WI
Rents for offices in Milwaukee range between $12.5 and $23 per square foot, with the market-wide average currently at $16.89 per square foot according to the latest listing data.
Learn More About Office Spaces for Rent in Milwaukee, WI
The Milwaukee, WI market currently features 269 distinct office spaces available for lease, totaling approximately 2.9 million square feet.
Local inventory includes subtypes such as General Office with 199 listings, as well as other property types such as Creative Office and Flex - Office.
Available office spaces range from 178 square feet to 305,600 square feet, with an average size of 10,840 square feet, accommodating businesses across various growth stages and operational requirements.
Range
Total Square Feet
Share of Total Office
25k to 50k Sq. Ft.
3,184,412
12.28%
50k to 100k Sq. Ft.
4,149,920
16.01%
100k to 500k Sq. Ft.
13,782,839
53.17%
500k to 1M Sq. Ft.
2,354,489
9.08%
> 1M Sq. Ft.
2,450,000
9.45%
Of the office inventory in Milwaukee, 37 properties were constructed since 2000, typically offering up-to-date amenities.
An additional 55 buildings were developed between 1975 and 2000, while the remaining 134 date prior to 1975.
Milwaukee, WI Office Market Breakdown
The office market in Milwaukee, WI comprises 123 buildings totaling 25.9 million square feet.
Class A and A+ properties make up 33.17% of the office market in Milwaukee, while Class B properties total 61.31% of the market and Class C properties take up the remaining 5.53%.
Range
Total Square Feet
Share of Total Office
Class A
12,256,634
47.28%
Class B
13,052,905
50.36%
Class C
612,121
2.36%
The market offers substantial flexibility in space configuration, with spaces reaching up to 305,600 square feet and an average square footage of 10,840 across all spaces located here.
Best Neighborhoods for Office Space in Milwaukee, WI
Milwaukee’s neighborhood with the most office spaces is Juneau Town, offering 65 listings currently available.
The neighborhoods with the next largest offerings include Historic Third Ward with 43 listings, as well as Kilbourn Town, which offers a total of 41 listings.
Neighborhood
No. of Listings
Total Sq. Ft.
Juneau Town
65
1,142,038
Historic Third Ward
43
224,380
Kilbourn Town
41
272,861
Park Place
38
498,999
Walker's Point
27
111,777
1500-1540 W North Ave, North Division, Milwaukee, WI