Birmingham Industrial

We couldn't find any industrial spaces for Lease and Sublease

Birmingham

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$44
Median Size (sqft)
3,520
As of: February 24, 2017

Birmingham Rates

Most listings are in the $40's per square foot per year. The Birmingham submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% increase in rent.

Compared to the rest of the Metro Detroit market, the Birmingham region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Birmingham Listing Supply

In the last 90 days, 15 listings have been listed, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 7% of the available leases in the Birmingham are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,520 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this area were built in 1970 and are Class B.

Birmingham Community

Market Report

Trends and status of the commercial real estate market in Birmingham.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Birmingham.
Research

Birmingham Submarkets