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: 1,645,549 Sq. Ft.
In Michigan, the largest share of office space is in office properties sized 500k to 1M square feet. In terms of quality rating, you’ll find that 166,806 square feet of office space in Michigan is rated Class A. Office space rated Class B amount to 1,478,743 square feet.
Michigan Office Market Breakdown by Building Size
Building Size Range |
Total Square Feet |
Share of Total Office |
50k to 100k Sq. Ft. |
341,935 Sq. Ft. |
20.78% |
100k to 500k Sq. Ft. |
353,048 Sq. Ft. |
21.45% |
500k to 1M Sq. Ft. |
695,084 Sq. Ft. |
42.24% |
Michigan Office Market Breakdown by Building Quality Rating
Class |
Total Square Feet |
Share of Total Office |
Class A |
166,806 Sq. Ft. |
10.14% |
Class B |
1,478,743 Sq. Ft. |
89.86% |
Data was provided by CommercialEdge, refers to properties larger than 50,000 square feet.
Total Industrial Space in Michigan: 36,745,541 Sq. Ft.
Michigan is home to an industrial real estate market that encompasses 36,745,541 square feet of space across 7 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. |
7,838,680 Sq. Ft. |
21.33% |
100k to 500k Sq. Ft. |
18,772,478 Sq. Ft. |
51.09% |
500k to 1M Sq. Ft. |
3,201,853 Sq. Ft. |
8.71% |
> 1M Sq. Ft. |
1,110,837 Sq. Ft. |
3.02% |
Michigan Industrial Market Breakdown by Building Quality Rating
Class |
Total Square Feet |
Share of Total Industrial |
Class A |
5,414,807 Sq. Ft. |
14.74% |
Class B |
29,136,070 Sq. Ft. |
79.29% |
Class C |
912,794 Sq. Ft. |
2.48% |
Data was provided by CommercialEdge, refers to industrial use properties larger than 50,000 square feet.
Total Retail Space in Michigan: 4,070,721 Sq. Ft.
The Michigan commercial real estate market includes 14 properties that are dedicated to retail use. The various types of retail space here account for 4,070,721 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. |
919,219 Sq. Ft. |
22.58% |
100k to 500k Sq. Ft. |
3,151,502 Sq. Ft. |
77.42% |
Data was provided by CommercialEdge and refers to retail properties larger than 50,000 square feet.