FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Decker Mark Okey Jr		 2. Issuer Name and Ticker or Trading Symbol

CENTERSPACE [ CSR ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
President, CEO and CIO
(Last)          (First)          (Middle)

C/O CENTERSPACE, 3100 10TH STREET SW		 3. Date of Earliest Transaction (MM/DD/YYYY)

1/1/2023
(Street)

MINOT, ND 58701
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
 6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Shares of Beneficial Interest 1/1/2023  M  991 A$0 43830.78 D  
Common Shares of Beneficial Interest 1/1/2023  M  663 A$0 44493.78 D  
Common Shares of Beneficial Interest 1/1/2023  F  804 (1)D$58.67 43689.78 D  
Common Shares of Beneficial Interest         20 I Child 4 
Common Shares of Beneficial Interest         20 I Child 2 
Common Shares of Beneficial Interest         20 I Child 3 
Common Shares of Beneficial Interest         1525 I By Spouse IRA 
Common Shares of Beneficial Interest         20 I Child 1 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)		2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)		8. Price of Derivative Security
(Instr. 5)		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units $0.0 1/1/2023  A   5369 (2)   1/1/2024 (2) (2)Common Shares of Beneficial Interest 5369.0 $0 5369 D  
Stock Options (Right to Buy) $58.67 1/1/2023  A   20061 (3)    (3)1/1/2033 Common Shares of Beneficial Interest 20061.0 $58.67 20061 D  
Restricted Stock Units $0.0 1/1/2023  M     991  1/1/2022 1/1/2024 Common Shares of Beneficial Interest 991.0 $0 991 D  
Restricted Stock Units $0.0 1/1/2023  M     663  1/1/2023 1/1/2025 Common Shares of Beneficial Interest 663.0 $0 1328 D  
Explanation of Responses:
(1) Shares withheld for payment of taxes in connection with the vesting of restricted stock units.
(2) Represents a time-based contingent right to receive 5,369 common shares of beneficial interest of Centerspace vesting over three years in one-third increments on each anniversary of the grant date: January 1, 2024, 2025 and 2026.
(3) Represents the right to purchase 20,061 common shares of beneficial interest of Centerspace, vesting over four years in one-fourth increments on each anniversary of the grant date: January 1, 2024, 2025, 2026 and 2027.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Decker Mark Okey Jr
C/O CENTERSPACE
3100 10TH STREET SW
MINOT, ND 58701		X
President, CEO and CIO
Signatures
Anne Olson, Attorney in Fact for Mark O. Decker, Jr.1/4/2023
**Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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