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: 6,054,476 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 2,154,840 square feet of office space in Michigan is rated Class A. Office space rated Class B amount to 3,486,209 square feet.
Michigan Office Market Breakdown by Building Size
Building Size Range |
Total Square Feet |
Share of Total Office |
50k to 100k Sq. Ft. |
1,887,916 Sq. Ft. |
31.18% |
100k to 500k Sq. Ft. |
2,906,770 Sq. Ft. |
48.01% |
500k to 1M Sq. Ft. |
632,218 Sq. Ft. |
10.44% |
Michigan Office Market Breakdown by Building Quality Rating
Class |
Total Square Feet |
Share of Total Office |
Class A |
2,154,840 Sq. Ft. |
35.59% |
Class B |
3,486,209 Sq. Ft. |
57.58% |
Class C |
350,299 Sq. Ft. |
5.79% |
Data was provided by CommercialEdge, refers to properties larger than 50,000 square feet.
Total Industrial Space in Michigan: 25,153,713 Sq. Ft.
Michigan is home to an industrial real estate market that encompasses 25,153,713 square feet of space across 27 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. |
4,067,484 Sq. Ft. |
16.17% |
100k to 500k Sq. Ft. |
13,229,515 Sq. Ft. |
52.59% |
500k to 1M Sq. Ft. |
1,391,626 Sq. Ft. |
5.53% |
> 1M Sq. Ft. |
3,025,400 Sq. Ft. |
12.03% |
Michigan Industrial Market Breakdown by Building Quality Rating
Class |
Total Square Feet |
Share of Total Industrial |
Class A |
6,006,768 Sq. Ft. |
23.88% |
Class B |
16,579,950 Sq. Ft. |
65.91% |
Class C |
2,404,871 Sq. Ft. |
9.56% |
Data was provided by CommercialEdge, refers to industrial use properties larger than 50,000 square feet.
Total Retail Space in Michigan: 6,844,888 Sq. Ft.
The Michigan commercial real estate market includes 56 properties that are dedicated to retail use. The various types of retail space here account for 6,844,888 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. |
1,459,455 Sq. Ft. |
21.32% |
100k to 500k Sq. Ft. |
5,385,433 Sq. Ft. |
78.68% |
Data was provided by CommercialEdge and refers to retail properties larger than 50,000 square feet.