Michigan Office Space

Michigan

Office Space Market Report

Number of Listings (last 90 days)
2,702
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,570
As of: June 23, 2017

Michigan Rates

Most listings are in the $20's per square foot per year. The Michigan region is seeing a an increase in rates. In the last 3 months, the median rate increased $22 per sqft per year.

Michigan Listing Supply

In the last 90 days, 2702 listings have been made available, so you'll want to check back regularly for new listings. About 53% of the listings in the Michigan are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,440 sqft. Most properties in this area are around 1 floors. Most buildings in this region were built in 1968 and are Class B.

Michigan Community

Market Report

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

Market Data

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