In 2023 the Ingham County, MI commercial real estate market totaled 8,282,957 square feet of office spaces, 6,625,983 square feet of office spaces with retail, and 15,441,643 square feet of industrial space.
Office Spaces
Total: 8,282,957 SF
Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
| Range |
Total square feet |
Share of total |
| 50k to 100k SqFt |
3,189,893 SqFt |
38.51% of total office |
| 100k to 500k SqFt |
5,093,064 SqFt |
61.49% of total office |
By class:
| Class |
Total square feet |
Share of total |
| Class A |
3,046,439 SqFt |
36.78% of total office |
| Class B |
4,202,986 SqFt |
50.74% of total office |
| Class C |
933,532 SqFt |
11.27% of total office |
Class A office space holds a 36.78% share of the overall Ingham County, MI office market, while Class B office assets make up approximately 50.74%.
Industrial
Total: 15,441,643 SF
Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
| Range |
Total square feet |
Share of total |
| 50k to 100k SqFt |
3,195,541 SqFt |
20.69% of total industrial |
| 100k to 500k SqFt |
6,395,254 SqFt |
41.42% of total industrial |
| 500k to 1M SqFt |
2,450,848 SqFt |
15.87% of total industrial |
| > 1M SqFt |
3,400,000 SqFt |
22.02% of total industrial |
By class:
| Class |
Total square feet |
Share of total |
| Class A |
7,094,059 SqFt |
45.94% of total industrial |
| Class B |
5,919,877 SqFt |
38.34% of total industrial |
| Class C |
2,427,707 SqFt |
15.72% of total industrial |
There are 6,395,254 square feet of commercial real estate properties between 100k to 500k square feet, representing 41.42% of the Ingham County, MI industrial inventory. Class A assets total 7,094,059 square feet of industrial space, with an additional 5,919,877 square feet of Class B and 2,427,707 square feet of Class C properties.
Office Spaces with Retail
Total: 6,625,983 SF
Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
| Range |
Total square feet |
Share of total |
| 50k to 100k SqFt |
1,675,704 SqFt |
25.29% of total office with retail |
| 100k to 500k SqFt |
4,139,252 SqFt |
62.47% of total office with retail |
| 500k to 1M SqFt |
811,027 SqFt |
12.24% of total office with retail |
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