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12,698 Commercial Real Estate Listings in Michigan

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Michigan Commercial Inventory Breakdown

In 2022 the Michigan commercial real estate market totaled 183,040,401 square feet of office spaces, 104,140,440 square feet of office spaces with retail, and 666,612,242 square feet of industrial space.

Office Spaces

Total: 183,040,401 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 41,169,513 SqFt 22.49% of total office
100k to 500k SqFt 96,621,448 SqFt 52.79% of total office
500k to 1M SqFt 27,296,586 SqFt 14.91% of total office
> 1M SqFt 17,952,854 SqFt 9.81% of total office
By class:
Class A+ 3,098,000 SqFt 1.69% of total office
Class A 66,325,430 SqFt 36.24% of total office
Class B 98,330,156 SqFt 53.72% of total office
Class C 8,655,345 SqFt 4.73% of total office
Roughly 14.91% 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 22.49% of the office inventory.

Class A office space holds a 36.24% share of the overall Michigan office market, while Class B office assets make up approximately 53.72%.

Industrial

Total: 666,612,242 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 95,668,199 SqFt 14.35% of total industrial
100k to 500k SqFt 313,188,289 SqFt 46.98% of total industrial
500k to 1M SqFt 81,345,249 SqFt 12.2% of total industrial
> 1M SqFt 176,410,505 SqFt 26.46% of total industrial
By class:
Class A 187,371,570 SqFt 28.11% of total industrial
Class B 417,844,089 SqFt 62.68% of total industrial
Class C 43,042,237 SqFt 6.46% of total industrial
There are 313,188,289 square feet of commercial real estate properties between 100k to 500k square feet, representing 46.98% of the Michigan industrial inventory. Class A assets total 187,371,570 square feet of industrial space, with an additional 417,844,089 square feet of Class B and 43,042,237 square feet of Class C properties.

Office Spaces with Retail

Total: 104,140,440 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 21,366,404 SqFt 20.52% of total office with retail
100k to 500k SqFt 71,860,389 SqFt 69% of total office with retail
500k to 1M SqFt 9,558,647 SqFt 9.18% of total office with retail
> 1M SqFt 1,355,000 SqFt 1.3% of total office with retail

Michigan Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total SF
Michigan Office 1,797 30,284,450
Michigan Retail 1,664 12,950,377
Michigan Industrial 881 34,224,491
Michigan Other 5,565 82,994,160
Ofice Icon

1,797

Office

Industrial Icon

881

Industrial

Retail Icon

1,664

Retail

Current local active listing encompass 160,453,478 square feet of commercial space for lease in . There are 1,797 active office listings, which amount to 30,284,450 square feet and account for 18% of commercial spaces on the market. Local retail availability includes 12,950,377 square feet across 1664 listings. Current industrial offerings on the market amount to 34,224,491 square feet across a total of 881.