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If you are looking to find Ann Arbor office space, whether to lease buy or rent, we can help you with our top local Ann Arbor office space professionals. The services they provide you are FREE.
You will receive a comprehensive and customized report on all of the available office options and then ongoing support by an expert throughout the process of finding an office space that suits you business needs. All you need to do to get started is to complete the short form at the top of this page. We'd like to know your basic needs and we will take it from there. Our local rep will contact you right away and, using their proprietary databases, will find you the best space options at the best prices. There is no obligation to contact us. It is a no lose proposition. Let us help you get connected to an experienced and knowledgeable office space pro who knows Ann Arbor office space thoroughly.
The Ann Arbor office space market is a fairly small with just under 9 million square feet of office space. Over the past few years the vacancy rates have continued their downward trend. As they do so, tenants will see increases in the rental rates they pay for their office space.
It is best known as a college town. It is the home of the University of Michigan. (Go Wolverines!) The University employs around 30,000 making it the largest employer in Ann Arbor and drawing the other major local industries of high tech, health services and biotechnology into the area. There is a lot of talent available in the Ann Arbor area from the University's engineering and medical schools, making it Michigan's Silicon Valley of sorts. The labor force is young, well educated and eager to work. It has an improving and mostly healthy business environment.
Useful Statistics for businesses looking for office space in Ann Arbor
|
Ann Arbor |
MI State |
2020 Estimated Population |
121,093 |
9,973,907 |
Median Age |
27.5 |
39.8 |
Occupied |
21,838 |
2,855,485 |
Owned |
49,251 |
7,189,122 |
Rented |
57,795 |
2,451,001 |
Average Household Size |
2.25 |
2.45 |
Rental Vacancies |
874 |
59,582 |
Homeowner Vacancies |
146 |
37,181 |
Median Home Value |
$346,800 |
$162,600 |
Median Monthly Rental Cost |
$1,299 |
$892 |
Median Household Income |
$33,591 |
$30,723 |
Individuals below poverty level |
19,837 |
885,725 |
Educational Attainment: High school graduate |
4,722 |
1,955,654 |
Educational Attainment: Some College |
8,907 |
2,246,576 |
Educational Attainment: Bachelor degree or higher |
20,077 |
1,251,117 |
Commute |
35,241 |
4,072,218 |
Commute by car, truck or other vehicle - Drive Alone |
31,867 |
3,679,255 |
Commute by car, truck or other vehicle - Carpool |
3,374 |
392,963 |
Use Public Transportation |
5,800 |
58,641 |
Work from Home |
7,648 |
272,113 |