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: 4,496,811 Sq. Ft.
In Michigan, the largest share of office space is in office properties sized 50k to 100k square feet. In terms of quality rating, you’ll find that 892,691 square feet of office space in Michigan is rated Class A. Office space rated Class B amount to 2,938,491 square feet.
Michigan Office Market Breakdown by Building Size
Building Size Range |
Total Square Feet |
Share of Total Office |
50k to 100k Sq. Ft. |
1,621,149 Sq. Ft. |
36.05% |
100k to 500k Sq. Ft. |
1,080,482 Sq. Ft. |
24.03% |
500k to 1M Sq. Ft. |
631,728 Sq. Ft. |
14.05% |
Michigan Office Market Breakdown by Building Quality Rating
Class |
Total Square Feet |
Share of Total Office |
Class A |
892,691 Sq. Ft. |
19.85% |
Class B |
2,938,491 Sq. Ft. |
65.35% |
Class C |
665,629 Sq. Ft. |
14.8% |
Data was provided by CommercialEdge, refers to properties larger than 50,000 square feet.
Total Industrial Space in Michigan: 49,541,254 Sq. Ft.
Michigan is home to an industrial real estate market that encompasses 49,541,254 square feet of space across 84 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. |
4,890,503 Sq. Ft. |
9.87% |
100k to 500k Sq. Ft. |
18,504,449 Sq. Ft. |
37.35% |
500k to 1M Sq. Ft. |
4,715,113 Sq. Ft. |
9.52% |
> 1M Sq. Ft. |
16,896,994 Sq. Ft. |
34.11% |
Michigan Industrial Market Breakdown by Building Quality Rating
Class |
Total Square Feet |
Share of Total Industrial |
Class A |
12,050,935 Sq. Ft. |
24.33% |
Class B |
36,619,146 Sq. Ft. |
73.92% |
Class C |
519,724 Sq. Ft. |
1.05% |
Data was provided by CommercialEdge, refers to industrial use properties larger than 50,000 square feet.
Total Retail Space in Michigan: 12,706,406 Sq. Ft.
The Michigan commercial real estate market includes 130 properties that are dedicated to retail use. The various types of retail space here account for 12,706,406 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. |
2,046,872 Sq. Ft. |
16.11% |
100k to 500k Sq. Ft. |
8,860,902 Sq. Ft. |
69.74% |
500k to 1M Sq. Ft. |
1,798,632 Sq. Ft. |
14.16% |
Data was provided by CommercialEdge and refers to retail properties larger than 50,000 square feet.