<SEC-DOCUMENT>0000798359-22-000073.txt : 20220519
<SEC-HEADER>0000798359-22-000073.hdr.sgml : 20220519
<ACCEPTANCE-DATETIME>20220519132141
ACCESSION NUMBER:		0000798359-22-000073
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20220517
FILED AS OF DATE:		20220519
DATE AS OF CHANGE:		20220519

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Green Emily Nagle
		CENTRAL INDEX KEY:			0001553453

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35624
		FILM NUMBER:		22942015

	MAIL ADDRESS:	
		STREET 1:		CASELLA WASTE SYSTEMS
		STREET 2:		25 GREENS HILL LANE
		CITY:			RUTLAND
		STATE:			VT
		ZIP:			05701

	FORMER NAME:	
		FORMER CONFORMED NAME:	Nagle Emily K
		DATE OF NAME CHANGE:	20120702

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CENTERSPACE
		CENTRAL INDEX KEY:			0000798359
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				450311232
		STATE OF INCORPORATION:			ND
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		3100 10TH ST SW
		STREET 2:		PO BOX 1988
		CITY:			MINOT
		STATE:			ND
		ZIP:			58702-1988
		BUSINESS PHONE:		701-837-4738

	MAIL ADDRESS:	
		STREET 1:		3100 10TH ST SW
		STREET 2:		PO BOX 1988
		CITY:			MINOT
		STATE:			ND
		ZIP:			58702-1988

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INVESTORS REAL ESTATE TRUST
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
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<TYPE>4
<SEQUENCE>1
<FILENAME>wf-form4_165298088762691.xml
<DESCRIPTION>FORM 4
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    <documentType>4</documentType>

    <periodOfReport>2022-05-17</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000798359</issuerCik>
        <issuerName>CENTERSPACE</issuerName>
        <issuerTradingSymbol>CSR</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001553453</rptOwnerCik>
            <rptOwnerName>Green Emily Nagle</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O CENTERSPACE</rptOwnerStreet1>
            <rptOwnerStreet2>3100 10TH STREET SW</rptOwnerStreet2>
            <rptOwnerCity>MINOT</rptOwnerCity>
            <rptOwnerState>ND</rptOwnerState>
            <rptOwnerZipCode>58701</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
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    </reportingOwner>

    <nonDerivativeTable>
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                <value>Common Shares of Beneficial Interest</value>
            </securityTitle>
            <transactionDate>
                <value>2022-05-18</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
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                <transactionPricePerShare>
                    <value>0</value>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
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            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>5387.18</value>
                    <footnoteId id="F2"/>
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                <directOrIndirectOwnership>
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                <value>Common Shares of Beneficial Interest</value>
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        </nonDerivativeHolding>
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    <derivativeTable>
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                <transactionCode>A</transactionCode>
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                </transactionShares>
                <transactionPricePerShare>
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                <transactionAcquiredDisposedCode>
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                </transactionAcquiredDisposedCode>
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            <exerciseDate>
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            <expirationDate>
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                </sharesOwnedFollowingTransaction>
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            <securityTitle>
                <value>Restricted Stock Units</value>
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            <conversionOrExercisePrice>
                <footnoteId id="F1"/>
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            <transactionCoding>
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                <transactionPricePerShare>
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            <expirationDate>
                <value>2022-05-18</value>
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                <underlyingSecurityTitle>
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                </underlyingSecurityTitle>
                <underlyingSecurityShares>
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                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
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            <ownershipNature>
                <directOrIndirectOwnership>
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        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Each restricted stock unit represents a contingent right to receive one share of CSR common stock.</footnote>
        <footnote id="F2">The number of shares includes 95.18 additional shares that were not previously reported due to administrative errors, including shares acquired under the Company's dividend reinvestment program.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>Anne Olson, as Attorney in Fact for Emily Nagle Green</signatureName>
        <signatureDate>2022-05-19</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
