Highlights
- The average rent for office space in Bloomfield Hills is $22.30 per square foot, 6.45% lower compared to the previous year.
- The market’s vacancy rate stands at 15.00%, lower than the state average of Michigan, which is 22.02%.
2025 Office Space Rent & Sales
- $22.30 2025 Avg. Asking Rent
- -6.45% Y-o-Y Avg. Asking Rent Change
- 15.00% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Bloomfield Hills?
Average asking rents for office space here stand at $22.30 per square foot. The local office market recorded an average vacancy rate of 15.00% in 2025, unchanged from 15.00% in 2024.
Bloomfield Hills, MI Office Asking Rents by Class
What is the average office rent per square foot by property class in MI?
- Avg. Asking Rent Class A & A+$22.82
- Avg. Asking Rent Class B$21.47
- Avg. Asking Rent Class C$15.43
For comparison, the average rent for Class A and A+ office space in Michigan was $22.82 per square foot. The state-wide average for Class B space was $21.47 per square foot, and Class C office spaces averaged $15.43 per square foot.
2025 Office Construction in Bloomfield Hills, MI
- Bloomfield Hills, MI Total SF completed in 2025 35,000
How much office space was built in Bloomfield Hills in 2025?
What are the largest recent office completions in Bloomfield Hills?
The largest recent office completion here is 100 Bloomfield Hills Pkwy at 213,600 square feet, completed in 1987. The next largest completions are Stoneridge Office Park - Stoneridge I and Bloomfield Centre - South.
| Office building | Address | SF | Completed |
|---|---|---|---|
| Bloomfield Centre - South | 39533 Woodward Avenue, 48304 | 137,356 | 1988 |
| 100 Bloomfield Hills Pkwy | 100 Bloomfield Hills Pkwy, 48304 | 213,600 | 1987 |
| Governor's Place | 33 Bloomfield Hills Pkwy, 48304 | 60,000 | 1987 |
| Stoneridge II Office Building | 40950 Woodward Avenue, 48304 | 110,544 | 1984 |
| Stoneridge Office Park - Stoneridge I | 41000 Woodward Avenue, 48304 | 155,707 | 1981 |
| 21 East Long Lake Road | 21 East Long Lake Road, 48304 | 26,688 | 1974 |
| Bloomfield Office Center - 40701 Woodward Avenue | 40701 Woodward Avenue, 48304 | 77,497 | 1969 |
| 74 W Long Lake Rd | 74 W Long Lake Rd, 48304 | 36,099 | 1968 |
| 40700 Woodward Avenue | 40700 Woodward Avenue, 48304 | 34,005 | 1966 |
| Woodhills Office Building | 40700 Woodward Avenue, 48304 | 29,307 | 1966 |
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Disclaimer
All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.
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 Yardi Research Data can guarantee that the information provided is complete.