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: 502,280 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 95,130 square feet of office space in Michigan is rated Class A. Office space rated Class B amount to 209,874 square feet.
Michigan Office Market Breakdown by Building Size
Building Size Range |
Total Square Feet |
Share of Total Office |
50k to 100k Sq. Ft. |
240,688 Sq. Ft. |
47.92% |
Michigan Office Market Breakdown by Building Quality Rating
Class |
Total Square Feet |
Share of Total Office |
Class A |
95,130 Sq. Ft. |
18.94% |
Class B |
209,874 Sq. Ft. |
41.78% |
Class C |
197,276 Sq. Ft. |
39.28% |
Data was provided by CommercialEdge, refers to properties larger than 50,000 square feet.
Total Industrial Space in Michigan: 11,001,283 Sq. Ft.
Michigan is home to an industrial real estate market that encompasses 11,001,283 square feet of space across 4 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. |
2,529,390 Sq. Ft. |
22.99% |
100k to 500k Sq. Ft. |
4,790,943 Sq. Ft. |
43.55% |
500k to 1M Sq. Ft. |
611,964 Sq. Ft. |
5.56% |
> 1M Sq. Ft. |
1,200,000 Sq. Ft. |
10.91% |
Michigan Industrial Market Breakdown by Building Quality Rating
Class |
Total Square Feet |
Share of Total Industrial |
Class A |
752,696 Sq. Ft. |
6.84% |
Class B |
9,093,765 Sq. Ft. |
82.66% |
Class C |
1,154,822 Sq. Ft. |
10.5% |
Data was provided by CommercialEdge, refers to industrial use properties larger than 50,000 square feet.
Total Retail Space in Michigan: 3,601,387 Sq. Ft.
The Michigan commercial real estate market includes 15 properties that are dedicated to retail use. The various types of retail space here account for 3,601,387 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. |
564,147 Sq. Ft. |
15.66% |
100k to 500k Sq. Ft. |
2,441,783 Sq. Ft. |
67.8% |
500k to 1M Sq. Ft. |
595,457 Sq. Ft. |
16.53% |
Data was provided by CommercialEdge and refers to retail properties larger than 50,000 square feet.