2024 Office Space Rent & Sales
- $18.36 2024 Avg. Asking Rent
- 39.09% 2024 Office Vacancy Rate
Wauwatosa office price per square foot in 2024 was $18.36 on average. The local office market recorded an average vacancy rate of 39.09% 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
2024 Average Office Rent per Square Foot
- Wisconsin Class A & A+ Office Space$22.30
- Wisconsin Class B Office Space$19.73
- Wisconsin Class C Office Space$13.73
Wauwatosa, WI Office Asking Rents by Class
Office Spaces for Rent in Wisconsin
Coworking Spaces in Wisconsin
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2024 Office Construction in Wauwatosa, WI
| Office building | Address | SF | Completed |
|---|---|---|---|
| Mayfair Medical Commons | 800 North Mayfair Road, 53226 | 45,823 | 2024 |
| Innovation One - 1401 Discovery Pkwy | 1401 Discovery Pkwy, 53226 | 70,357 | 2022 |
| Muir Woods Research & Technology Center | 10401 West Innovation Drive, 53226 | 85,278 | 2019 |
| Milwaukee County Research Park - Meadowland Research & Technology Center | 10100 West Innovation Drive, 53226 | 155,000 | 2016 |
| 1425 Discovery Pkwy | 1425 Discovery Pkwy, 53226 | 91,007 | 2014 |
| 1425 Discovery Pkwy | 1425 Discovery Pkwy, 53226 | 91,007 | 2014 |
| Mayfair Woods Business & Technology Center | 10700 West Research Drive, 53226 | 163,350 | 2007 |
| Milwaukee County Research Park - Bloom Center | 10501 West Research Drive, 53226 | 31,169 | 2007 |
| 9900 West Innovation Drive | 9900 West Innovation Drive, 53226 | 506,195 | 2006 |
| Oakwood Center | 10361 Innovation Drive, 53226 | 67,240 | 2001 |
Worth noting among recent office completions on the Wauwatosa market is Mayfair Medical Commons, which is currently the largest new office development in the city, at 45,823 square feet.
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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 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Wauwatosa 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.