2024 Office Space Rent & Sales
- $23.01 2024 Avg. Asking Rent
- 25.47% 2024 Office Vacancy Rate
East Lansing office price per square foot in 2024 was $23.01 on average. The local office market recorded an average vacancy rate of 25.47% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2024 Average Office Rent per Square Foot
- Michigan Class A & A+ Office Space$23.20
- Michigan Class B Office Space$21.30
- Michigan Class C Office Space$15.30
East Lansing, MI Office Asking Rents by Class
Office Spaces for Rent in Michigan
Coworking Spaces in Michigan
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2024 Office Construction in East Lansing, MI
| Office building | Address | SF | Completed |
|---|---|---|---|
| 1,582 SF Office Condo Available within East Lansing Office Corridor | 1690 Watertower Pl, 48823 | 14,452 | 2008 |
| Pointe Professional Center | 1427 W Saginaw St, 48823 | 19,546 | 2004 |
| Premier Office Space Available - 13,144 SF For Sale & 7,004 SF For Lease | 3495 Coolidge Rd, 48823 | 13,144 | 2002 |
| Park Place Office Park - 3100 West Road | Park Place Office Park - 3100 West Road, 48823 | 107,708 | 2000 |
| 780 W Lake Lansing Rd | 780 W Lake Lansing Rd, 48823 | 19,000 | 2000 |
| 1504 E Grand River Ave | 1504 E Grand River Ave, 48823 | 17,434 | 2000 |
| 231 W Lake Lansing Rd | 231 W Lake Lansing Rd, 48823 | 10,533 | 1992 |
| 702 W Lake Lansing Rd | 702 W Lake Lansing Rd, 48823 | 18,252 | 1991 |
| 2035 W Lake Lansing Rd | 2035 W Lake Lansing Rd, 48823 | 7,500 | 1990 |
| 139 W Lake Lansing Road | 139 W Lake Lansing Road , 48823 | 16,720 | 1988 |
Worth noting among recent office completions on the East Lansing market is 1,582 SF Office Condo Available within East Lansing Office Corridor, which is currently the largest new office development in the city, at 14,452 square feet.
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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 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all East Lansing 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.