Steelcase Global Headquarters

Off-Market

901 44th Street SE, Grand Rapids, MI 49508

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 302,656 SF
  • Lot Size 55.67 Acre
  • Parking Spaces Avail. 605
  • Parking Ratio 2.00 / 1,000 SF
  • Property Tenancy Owner Occupied
  • LEED Certified
  • Building Class A
  • Year Built 1983

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Grand Rapids

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Grand Rapids Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2021 Avg. Asking Rent $21.65
  • 2021 Office Vacancy Rate 14.55%
  • 2021 Office Completions (SF) 329,230

Grand Rapids Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2021 Avg. Price per SF $163.26
  • Y-o-Y Avg. PpSF Change -17.52%
  • 2021 Office Sales Volume $31.7M
  • 2021 Number of Transactions 3
View more Grand Rapids market trends

Location

Getting Around

  • Walk Score ®

    37/100 Car-Dependent
  • Transit Score ®

    34/100 Some Transit
  • Bike Score ®

    42/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Grand Rapids, MI
  • Neighborhood Millbrook
  • Zip Code 49508
  • Market Grand Rapids

Points of Interest

  • Grand Rapids

    5.18 miles

  • Speedway

    0.25 miles

  • Marathon

    0.30 miles

  • Admiral

    0.71 miles

  • Speedway

    0.75 miles

  • Pacific Pride

    0.99 miles

  • Speedway

    1.05 miles

  • Citgo

    1.11 miles

  • GoLo

    1.21 miles

  • Citgo

    1.27 miles

  • Marathon

    1.28 miles

  • Stauffer Street Trailhead

    2.06 miles

  • The Rapid Silverline Park & Ride

    2.32 miles

  • bus parking

    2.51 miles

  • Wing Street Trailhead

    3.19 miles

  • Lake Michigan Academy's Parking

    3.34 miles

  • Gerald R. Ford Airport Cell Phone Lot

    4.87 miles

  • Ethel Parking Lot

    4.88 miles

  • Wealthy Market's Parking

    4.89 miles

  • Eastown Hub Parking Lot

    4.95 miles

  • East Albertus Lot

    5.15 miles

  • Home

    0.97 miles

  • Super 8 by Wyndham Wyoming/Grand Rapids Area

    2.10 miles

  • WoodSpring Suites Grand Rapids South

    2.14 miles

  • Budgetel Grand Rapids

    2.45 miles

  • Travelodge

    2.50 miles

  • Best Western Executive Inn & Suites

    2.60 miles

  • Baymont

    2.61 miles

  • Days Inn & Suites

    2.63 miles

  • TownePlace Suites

    2.78 miles

  • Ramada Plaza

    3.44 miles

  • Florentine Sports Lounge

    0.69 miles

  • Pizza Hut

    0.69 miles

  • Great White Fish Chicken

    0.72 miles

  • Papa John's

    0.76 miles

  • McDonald's

    0.86 miles

  • Mr. Burger

    0.93 miles

  • Subway

    1.11 miles

  • Taco Bell

    1.30 miles

  • McDonald's

    1.43 miles

  • First Wok

    1.48 miles

  • Bowen Elementary School

    0.59 miles

  • Meadowlawn Elementary School

    0.74 miles

  • New Branches Charter Academy

    0.86 miles

  • Valleywood Middle School

    0.92 miles

  • East Kelloggsville Elementary School

    1.05 miles

  • Saint Mary Magdalena School

    1.07 miles

  • Kelloggsville Middle School

    1.13 miles

  • South Godwin School

    1.18 miles

  • Kelloggsville School

    1.22 miles

  • Kelloggsville High School

    1.39 miles

  • Kelloggsville Early Childhood Learning Center

    2.46 miles

  • Adventures Learning Center

    8.02 miles

  • Milestones Child Development Center

    8.29 miles

Frequently Asked Questions

What is the total square footage of Steelcase Global Headquarters?

Steelcase Global Headquarters totals 302,656 square feet.

When was this property built?

Steelcase Global Headquarters was built in 1983.

What is the property tax for Steelcase Global Headquarters?

The property tax for Steelcase Global Headquarters in 2022 was $2,635,736.

What is the market value for Steelcase Global Headquarters?

The market value* for Steelcase Global Headquarters in 2022 was $99,344,427.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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