2020 Office Space Rent & Sales
- $19.71 2020 Avg. Asking Rent
- -2.01 % Y-o-Y Avg. Asking Rent Change
- 11.95 % 2020 Office Vacancy Rate
Auburn Hills office price per square foot in 2020 was $19.71 on average. This marked a -2.01 % change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 11.95 % across all asset classes combined.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- Auburn Hills Class A Office Space$20.46
- Auburn Hills Class B Office Space$19.27
- Michigan Class A Office Space$25.50
- Michigan Class B Office Space$20.35
- Michigan Class C Office Space$17.64
Auburn Hills, MI Office Asking Rents by Class
2020 Office Construction in Auburn Hills, MI
- Auburn Hills, MI Total Sqft completed in 2020
During 2020, square feet of new office space were delivered across the market. At the close of 2020, the Auburn Hills office inventory included buildings equal to or larger than 25,000 square feet, which comprised square feet of office space.
|Oakland Technology Park - Hutchinson North American Headquarters||3201 Cross Creek Pkwy, 48326||60,502||2018|
|1 Chrysler Drive||1 Chrysler Drive, 48326||55,000||2018|
|Fieldstone Industrial Complex - 2020 Taylor Road||2020 Taylor Road, 48326||140,000||2015|
|Faurecia North America Headquarters||2800 High Meadow Circle, 48326||278,000||2014|
|2200 North Opdyke Road||2200 North Opdyke Road, 48326||168,000||2014|
|Meemic Insurance Headquarters||1685 North Opdyke Road, 48326||104,000||2005|
|1885 Pond Run||1885 Pond Run, 48326||40,986||2005|
|2365 Pontiac Road||2365 Pontiac Road, 48326||29,959||2005|
|Auburn Ridge||3850 West Hamlin Road, 48326||60,000||2004|
|1272 Doris Road||1272 Doris Road, 48326||52,183||2003|
Worth noting among recent office completions on the Auburn Hills market is Oakland Technology Park - Hutchinson North American Headquarters, which is currently the largest new office development in the city, at 60,502 square feet.
See reports for nearby markets
This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2020 through December 31st 2020. Construction pipeline data represented herein is valid as of April 2021. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Auburn Hills commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.