Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.
- Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Grand Rapids commercial real estate market incorporates 10,933,793 square feet of office space across 153 buildings.
Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Grand Rapids, the coworking segment of the commercial real estate market incorporates about 3,655 square feet.
- Retail space
includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Grand Rapids commercial real estate market includes 4,376,153 square feet of retail space in a variety of settings.
- Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Grand Rapids market, there is a total of 15,368,555 square feet of industrial property.
940 Monroe Ave. NW, Belknap Lookout, Grand Rapids, MIFor Lease
614 1st Street NW, West Grand, Grand Rapids, MIFor Lease
2249 Division Ave S, Garfield Park, Grand Rapids, MIFor Sale
2025 East Beltline Avenue SE, Ridgemoor, Grand Rapids, MIFor Lease
1739 Elizabeth Ave NW, West Grand, Grand Rapids, MIFor Sale
25 Division Ave S, Downtown Grand Rapids, Grand Rapids, MIFor Sale
100 Cesar E. Chavez Ave SW , Downtown Grand Rapids, Grand Rapids, MIFor Lease
37 Commerce Avenue NW, Downtown Grand Rapids, Grand Rapids, MIFor Lease
755 Michigan Street Northeast, Midtown Grand Rapids, Grand Rapids, MIFor Sale
401 HALL ST SW, Roosevelt Park, Grand Rapids, MIFor Lease
722 Eastern Ave SE, Baxter, Grand Rapids, MIFor Sale
40 Monroe Center St. NW, Downtown Grand Rapids, Grand Rapids, MIFor Lease
77 Monroe Center Street Northwest #600, Grand Rapids, MI
634 Front Ave NW, West Grand, Grand Rapids, MIFor Sale
250 Monroe Avenue NW, Belknap Lookout, Grand Rapids, MIFor Lease
1001 Division Ave S, Southeast Grand Rapids, Grand Rapids, MIFor Lease
736 Butterworth Street Southwest, S.W.A.N., Grand Rapids, MIFor Lease
2243 Division Ave S, Garfield Park, Grand Rapids, MIFor Sale
50 Louis Street NW, Downtown Grand Rapids, Grand Rapids, MIFor Lease
60 Monroe Center St NW, Downtown Grand Rapids, Grand Rapids, MIFor Sale
96 Monroe Center St NW, Downtown Grand Rapids, Grand Rapids, MIFor Sale%20MI,%20Grand%20Rapids%20USA%20Kitchen%20-%20Calder%20Plaza.jpg?width=450 "Downtown Grand Rapids")
250 Monroe Avenue NW Suite 400, Grand Rapids, MI
900 Leonard St. NW, West Grand, Grand Rapids, MIFor Lease
1140 Monroe Ave NW, Belknap Lookout, Grand Rapids, MIFor Lease
116 (120) Ottawa Ave NW, Downtown Grand Rapids, Grand Rapids, MIFor Lease
111 Lyon Street NW, Belknap Lookout, Grand Rapids, MIFor Lease