In addition to preferred particularities of local culture, economy, and geography, businesses looking to expand or relocate also give great consideration to the size, variety, and quality of the commercial real estate in and around their city of interest.
Total Office Space in Michigan: 210,475,266 Sq. Ft.
In Michigan, the largest share of office space is in office properties sized 100k to 500k square feet. In terms of quality rating, you’ll find that 67,015,264 square feet of office space in Michigan is rated Class A. Office space rated Class B amount to 114,938,086 square feet.
Michigan Office Market Breakdown by Building Size
Building Size Range |
Total Square Feet |
Share of Total Office |
50k to 100k Sq. Ft. |
42,306,089 Sq. Ft. |
20.1% |
100k to 500k Sq. Ft. |
95,823,277 Sq. Ft. |
45.53% |
500k to 1M Sq. Ft. |
25,054,239 Sq. Ft. |
11.9% |
> 1M Sq. Ft. |
17,952,854 Sq. Ft. |
8.53% |
Michigan Office Market Breakdown by Building Quality Rating
Class |
Total Square Feet |
Share of Total Office |
Class A+ |
2,690,000 Sq. Ft. |
1.28% |
Class A |
67,015,264 Sq. Ft. |
31.84% |
Class B |
114,938,086 Sq. Ft. |
54.61% |
Class C |
18,836,709 Sq. Ft. |
8.95% |
Data was provided by CommercialEdge, refers to properties larger than 50,000 square feet.
Total Industrial Space in Michigan: 796,600,244 Sq. Ft.
Michigan is home to an industrial real estate market that encompasses 796,600,244 square feet of space across 972 industrial properties of various use types, sizes, and quality ratings.
Michigan Industrial Market Breakdown by Building Size
Building Size Range |
Total Square Feet |
Share of Total Industrial |
50k to 100k Sq. Ft. |
110,764,218 Sq. Ft. |
13.9% |
100k to 500k Sq. Ft. |
329,030,788 Sq. Ft. |
41.3% |
500k to 1M Sq. Ft. |
82,561,341 Sq. Ft. |
10.36% |
> 1M Sq. Ft. |
179,457,374 Sq. Ft. |
22.53% |
Michigan Industrial Market Breakdown by Building Quality Rating
Class |
Total Square Feet |
Share of Total Industrial |
Class A |
200,588,753 Sq. Ft. |
25.18% |
Class B |
504,285,251 Sq. Ft. |
63.3% |
Class C |
73,860,706 Sq. Ft. |
9.27% |
Data was provided by CommercialEdge, refers to industrial use properties larger than 50,000 square feet.
Total Retail Space in Michigan: 136,350,787 Sq. Ft.
The Michigan commercial real estate market includes 1768 properties that are dedicated to retail use. The various types of retail space here account for 136,350,787 square feet of commercial property in Michigan.
Michigan Retail Market Breakdown by Building Size
Building Size Range |
Total Square Feet |
Share of Total Retail |
50k to 100k Sq. Ft. |
31,234,351 Sq. Ft. |
22.91% |
100k to 500k Sq. Ft. |
91,615,364 Sq. Ft. |
67.19% |
500k to 1M Sq. Ft. |
10,937,503 Sq. Ft. |
8.02% |
> 1M Sq. Ft. |
2,399,467 Sq. Ft. |
1.76% |
Michigan Retail Market Breakdown by Building Quality Rating
Class |
Total Square Feet |
Share of Total Retail |
Class B |
37,709 Sq. Ft. |
0.03% |
Data was provided by CommercialEdge and refers to retail properties larger than 50,000 square feet.