In addition to preferred particularities of local culture, economy, and geography, businesses looking to expand or relocate also give great consideration to the size, variety, and quality of the commercial real estate in and around their city of interest.
Total Office Space in Michigan: 849,026 Sq. Ft.
In Michigan, the largest share of office space is in office properties sized 100k to 500k square feet. In terms of quality rating, you’ll find that 184,000 square feet of office space in Michigan is rated Class A. Office space rated Class B amount to 615,026 square feet.
Michigan Office Market Breakdown by Building Size
| Building Size Range |
Total Square Feet |
Share of Total Office |
| 50k to 100k Sq. Ft. |
233,153 Sq. Ft. |
27.46% |
| 100k to 500k Sq. Ft. |
615,873 Sq. Ft. |
72.54% |
Michigan Office Market Breakdown by Building Quality Rating
| Class |
Total Square Feet |
Share of Total Office |
| Class A |
184,000 Sq. Ft. |
21.67% |
| Class B |
615,026 Sq. Ft. |
72.44% |
| Class C |
50,000 Sq. Ft. |
5.89% |
Data was provided by CommercialEdge, refers to properties larger than 50,000 square feet.
Total Industrial Space in Michigan: 19,385,032 Sq. Ft.
Michigan is home to an industrial real estate market that encompasses 19,385,032 square feet of space across 8 industrial properties of various use types, sizes, and quality ratings.
Michigan Industrial Market Breakdown by Building Size
| Building Size Range |
Total Square Feet |
Share of Total Industrial |
| 50k to 100k Sq. Ft. |
1,253,724 Sq. Ft. |
6.47% |
| 100k to 500k Sq. Ft. |
10,014,269 Sq. Ft. |
51.66% |
| 500k to 1M Sq. Ft. |
1,516,099 Sq. Ft. |
7.82% |
| > 1M Sq. Ft. |
6,600,940 Sq. Ft. |
34.05% |
Michigan Industrial Market Breakdown by Building Quality Rating
| Class |
Total Square Feet |
Share of Total Industrial |
| Class A |
2,734,676 Sq. Ft. |
14.11% |
| Class B |
12,670,175 Sq. Ft. |
65.36% |
| Class C |
967,181 Sq. Ft. |
4.99% |
Data was provided by CommercialEdge, refers to industrial use properties larger than 50,000 square feet.
Total Retail Space in Michigan: 3,314,056 Sq. Ft.
The Michigan commercial real estate market includes 21 properties that are dedicated to retail use. The various types of retail space here account for 3,314,056 square feet of commercial property in Michigan.
Michigan Retail Market Breakdown by Building Size
| Building Size Range |
Total Square Feet |
Share of Total Retail |
| 50k to 100k Sq. Ft. |
1,027,011 Sq. Ft. |
30.99% |
| 100k to 500k Sq. Ft. |
2,287,045 Sq. Ft. |
69.01% |
Data was provided by CommercialEdge and refers to retail properties larger than 50,000 square feet.
872 E Michigan Ave, Marshall, MIFor Lease
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