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 Novi: 5,906,339 Sq. Ft.
In Novi, 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 1,749,397 square feet of office space in Novi is rated Class A. Office space rated Class B amount to 3,553,045 square feet.
Novi Office Market Breakdown by Building Size
Building Size Range |
Total Square Feet |
Share of Total Office |
50k to 100k Sq. Ft. |
1,837,671 Sq. Ft. |
31.11% |
100k to 500k Sq. Ft. |
3,073,941 Sq. Ft. |
52.04% |
Novi Office Market Breakdown by Building Quality Rating
Class |
Total Square Feet |
Share of Total Office |
Class A |
1,749,397 Sq. Ft. |
29.62% |
Class B |
3,553,045 Sq. Ft. |
60.16% |
Class C |
233,372 Sq. Ft. |
3.95% |
Data was provided by CommercialEdge, refers to properties larger than 50,000 square feet.
Total Industrial Space in Novi: 3,689,012 Sq. Ft.
Novi is home to an industrial real estate market that encompasses 3,689,012 square feet of space across 17 industrial properties of various use types, sizes, and quality ratings.
Novi Industrial Market Breakdown by Building Size
Building Size Range |
Total Square Feet |
Share of Total Industrial |
50k to 100k Sq. Ft. |
269,800 Sq. Ft. |
7.31% |
100k to 500k Sq. Ft. |
3,132,254 Sq. Ft. |
84.91% |
Novi Industrial Market Breakdown by Building Quality Rating
Class |
Total Square Feet |
Share of Total Industrial |
Class A |
1,244,890 Sq. Ft. |
33.75% |
Class B |
2,040,205 Sq. Ft. |
55.3% |
Data was provided by CommercialEdge, refers to industrial use properties larger than 50,000 square feet.
Total Retail Space in Novi: 4,338,389 Sq. Ft.
The Novi commercial real estate market includes 12 properties that are dedicated to retail use. The various types of retail space here account for 4,338,389 square feet of commercial property in Novi.
Novi Retail Market Breakdown by Building Size
Building Size Range |
Total Square Feet |
Share of Total Retail |
50k to 100k Sq. Ft. |
238,394 Sq. Ft. |
5.49% |
100k to 500k Sq. Ft. |
2,607,979 Sq. Ft. |
60.11% |
500k to 1M Sq. Ft. |
1,492,016 Sq. Ft. |
34.39% |
Data was provided by CommercialEdge and refers to retail properties larger than 50,000 square feet.