17 Office Buildings for Sale in Minneapolis, MN

The Twin Cities metro area is a global hub of life sciences innovation and commercialization, home to more than 750 health and life sciences companies and the highest density of medical device jobs in the country. At the same time, the area also claims some of the lowest operating costs among life sciences clusters in the U.S.

The new owner of the 1.2-million-square-foot office space at 90 South 7th Street is Starwood Property Trust, a company best known for creating Starwood Hotels & Resorts in the mid-1990s. The Wells Fargo Center was its second major office acquisition in Minneapolis; it also snagged The Colonnade for $100 million in 2017.

The STEM sector in Minneapolis accounts for 10% of local jobs; 28% of these jobs are held by women, which placed the city sixth in the region for representation of women in STEM industries. The City of Lakes also ranked third for median earnings, and received the fourth-highest score for employee heatlh coverage.

Minneapolis ranked second within this group with a total score of 10.57 points. The local STEM workforce here is 27,000 strong and accounts for 10.8% of total employment in the city, and women are 25.3% of the Minneapolis STEM sector. But, unfortunately, this percentage follows a five-year decrease. According to Census numbers, the share of women working in STEM jobs in Minneapolis dropped 2.6pp compared to 2015.