Bloomfield Hills Office Space

Bloomfield Hills

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
3,650
As of: July 24, 2017

Bloomfield Hills Rates

Most listings are in the $30's per square foot per year. The Bloomfield Hills submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $75 per sqft per year. That's a 70% decline in rent.

Compared to the rest of the Metro Detroit market, the Bloomfield Hills submarket has greater rates, and you'll need to make a great offer to be in this hot region.

Bloomfield Hills Listing Supply

In the last 90 days, 6 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 83% of the available space in the Bloomfield Hills are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,650 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are around 2 floors. Most buildings in this region were built in 1980 and are Class A.

Bloomfield Hills Community

Market Report

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

Market Data

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

Bloomfield Hills Submarkets