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12,491 Commercial Real Estate Listings in Michigan

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Michigan Commercial Inventory Breakdown

In 2023 the Michigan commercial real estate market totaled 181,548,563 square feet of office spaces, 105,384,225 square feet of office spaces with retail, and 669,332,579 square feet of industrial space.

Office Spaces

Total: 181,548,563 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 41,030,474 SqFt 22.6% of total office
100k to 500k SqFt 95,813,049 SqFt 52.78% of total office
500k to 1M SqFt 26,752,186 SqFt 14.74% of total office
> 1M SqFt 17,952,854 SqFt 9.89% of total office
By class:
Class A+ 3,098,000 SqFt 1.71% of total office
Class A 65,712,553 SqFt 36.2% of total office
Class B 97,765,342 SqFt 53.85% of total office
Class C 8,707,473 SqFt 4.8% of total office
Roughly 14.74% of the total office space in Michigan is comprised of properties between 500K to 1M square feet, and buildings between 50k to 100k square feet represent 22.6% of the office inventory.

Class A office space holds a 36.2% share of the overall Michigan office market, while Class B office assets make up approximately 53.85%.

Industrial

Total: 669,332,579 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 96,535,982 SqFt 14.42% of total industrial
100k to 500k SqFt 315,874,155 SqFt 47.19% of total industrial
500k to 1M SqFt 82,617,649 SqFt 12.34% of total industrial
> 1M SqFt 174,304,793 SqFt 26.04% of total industrial
By class:
Class A 192,263,813 SqFt 28.72% of total industrial
Class B 416,984,316 SqFt 62.3% of total industrial
Class C 44,204,113 SqFt 6.6% of total industrial
There are 315,874,155 square feet of commercial real estate properties between 100k to 500k square feet, representing 47.19% of the Michigan industrial inventory. Class A assets total 192,263,813 square feet of industrial space, with an additional 416,984,316 square feet of Class B and 44,204,113 square feet of Class C properties.

Office Spaces with Retail

Total: 105,384,225 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 21,586,664 SqFt 20.48% of total office with retail
100k to 500k SqFt 72,883,914 SqFt 69.16% of total office with retail
500k to 1M SqFt 9,558,647 SqFt 9.07% of total office with retail
> 1M SqFt 1,355,000 SqFt 1.29% of total office with retail

Michigan Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total SF
Michigan Office 1,692 30,199,664
Michigan Retail 1,551 11,984,558
Michigan Industrial 891 36,819,295
Michigan Other 5,290 82,394,337
Ofice Icon

1,692

Office

Industrial Icon

891

Industrial

Retail Icon

1,551

Retail

Current local active listing encompass 161,397,854 square feet of commercial space for lease in . There are 1,692 active office listings, which amount to 30,199,664 square feet and account for 17% of commercial spaces on the market. Local retail availability includes 11,984,558 square feet across 1551 listings. Current industrial offerings on the market amount to 36,819,295 square feet across a total of 891.