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: 4,811,658 Sq. Ft.
In Michigan, the largest share of office space is in office properties sized 50k to 100k square feet. In terms of quality rating, you’ll find that 908,806 square feet of office space in Michigan is rated Class A. Office space rated Class B amount to 2,692,940 square feet.
Michigan Office Market Breakdown by Building Size
Building Size Range |
Total Square Feet |
Share of Total Office |
50k to 100k Sq. Ft. |
1,417,643 Sq. Ft. |
29.46% |
100k to 500k Sq. Ft. |
1,255,037 Sq. Ft. |
26.08% |
500k to 1M Sq. Ft. |
800,000 Sq. Ft. |
16.63% |
Michigan Office Market Breakdown by Building Quality Rating
Class |
Total Square Feet |
Share of Total Office |
Class A |
908,806 Sq. Ft. |
18.89% |
Class B |
2,692,940 Sq. Ft. |
55.97% |
Class C |
1,209,912 Sq. Ft. |
25.15% |
Data was provided by CommercialEdge, refers to properties larger than 50,000 square feet.
Total Industrial Space in Michigan: 33,584,307 Sq. Ft.
Michigan is home to an industrial real estate market that encompasses 33,584,307 square feet of space across 20 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. |
4,327,333 Sq. Ft. |
12.88% |
100k to 500k Sq. Ft. |
8,591,557 Sq. Ft. |
25.58% |
500k to 1M Sq. Ft. |
1,772,582 Sq. Ft. |
5.28% |
> 1M Sq. Ft. |
15,598,595 Sq. Ft. |
46.45% |
Michigan Industrial Market Breakdown by Building Quality Rating
Class |
Total Square Feet |
Share of Total Industrial |
Class A |
14,491,222 Sq. Ft. |
43.15% |
Class B |
17,095,156 Sq. Ft. |
50.9% |
Class C |
1,997,929 Sq. Ft. |
5.95% |
Data was provided by CommercialEdge, refers to industrial use properties larger than 50,000 square feet.
Total Retail Space in Michigan: 11,255,155 Sq. Ft.
The Michigan commercial real estate market includes 55 properties that are dedicated to retail use. The various types of retail space here account for 11,255,155 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. |
2,877,212 Sq. Ft. |
25.56% |
100k to 500k Sq. Ft. |
7,747,034 Sq. Ft. |
68.83% |
500k to 1M Sq. Ft. |
585,182 Sq. Ft. |
5.2% |
Data was provided by CommercialEdge and refers to retail properties larger than 50,000 square feet.