Office Rental Market
- $18.78 2019 Avg. Asking Rent
- 33.66 % 2019 Avg. Vacancy Rate
- 0 2019 Office Completions (Sqft)
- 0 2020 Estimated Pipeline (Sqft)
Average Office Asking Rents by Class
2019 Average Office Rent per Square Foot
- Portage Class B Office Buildings$18.82
- Portage Class C Office Buildings$11.50
- MI Class A Office Buildings$25.15
- MI Class B Office Buildings$20.81
- MI Class C Office Buildings$17.05
Portage, MI Office Asking Rents by Class
OFFICE CONSTRUCTION IN Portage, MI
- Portage, MI Total Sqft completed in 2019 0
- Portage, MI Total Sqft under construction in 2020 0
Building name | Address | Total Sqft | Year built |
---|---|---|---|
1901 Romence Pkwy | 1901 Romence Road Pkwy, 49002 | 396,750 | 1972 |
6901 Portage Road | 6901 Portage Road, 49002 | 365,000 | 1989 |
950 Trade Centre Way | 950 Trade Centre Way, 49002 | 109,006 | 2007 |
5564 Portage Road | 5564 Portage Road, 49002 | 104,366 | 1989 |
650 Trade Centre | 650 Trade Centre Way, 49002 | 100,627 | 2018 |
750 Trade Centre Way | 750 Trade Centre Way, 49002 | 83,500 | 2005 |
Trestlebridge Office Center | 5148 Lovers Lane, 49002 | 73,617 | 1986 |
6101 Newport Road | 6101 Newport Road, 49002 | 73,502 | 1997 |
Borgess at Woodbridge Hills - North | 7901 Angling Road, 49024 | 70,846 | 1995 |
Borgess at Woodbridge Hills - South | 8001 Angling Road, 49024 | 60,329 | 1986 |
Office building | Address | Sqft | Completed |
---|---|---|---|
650 Trade Centre | 650 Trade Centre Way, 49002 | 100,627 | 2018 |
950 Trade Centre Way | 950 Trade Centre Way, 49002 | 109,006 | 2007 |
750 Trade Centre Way | 750 Trade Centre Way, 49002 | 83,500 | 2005 |
Creekside Commons III | 8175 Creekside Drive, 49024 | 36,000 | 2002 |
5528 Portage Road | 5528 Portage Road, 49002 | 45,870 | 2001 |
Creekside Commons II | 8075 Creekside Drive, 49024 | 40,000 | 2001 |
6101 Newport Road | 6101 Newport Road, 49002 | 73,502 | 1997 |
Borgess at Woodbridge Hills - North | 7901 Angling Road, 49024 | 70,846 | 1995 |
6901 Portage Road | 6901 Portage Road, 49002 | 365,000 | 1989 |
5564 Portage Road | 5564 Portage Road, 49002 | 104,366 | 1989 |
See trends for nearby markets
The Portage office market contains an inventory of 1,596,032 square feet of office space, in 20 buildings that are equal to or larger than 25,000 square feet.
This market trends report is based on analysis of city-level data. Averages were calculated based on values dated January 1st 2019 through December 31st 2019. Construction pipeline data shown is valid as of April 2020. The information on this page was compiled using data provided by our sister company, CommercialEdge – a market intelligence solution which offers comprehensive knowledge on all Portage 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.