1. Tell us what you're looking for below
2. A local licensed professional will show you options that meet your needs
3. Your local pro will help you negotiate the best deal -- all at NO COST to you!
Find Detroit-Suburban Office Space for Lease or Rent
Despite all of the well-publicized troubles that Detroit and its submarkets have had over the past several years, there are some outstanding opportunities in the Detroit and suburban Detroit office space markets. While vacancy rates are high in virtually every office submarket of Detroit, with the exception of Ann Arbor, the Bloomfield Hills - Birmingham area and Rochester, office rental rates are well below the national average for similar types of space. If you are looking for office space in Detroit or suburban Detroit, it’s a buyer’s market.
With all the space available for lease, rent or purchase, the search for the right office space can be overwhelming without some assistance. That is where we come in. Our local reps have dozens of years of experience helping tenants make sure that they not only make knowledgeable decisions about their office space location and price, but also to make sure that costly errors are avoided in the process. If you would like to have that security during the process of finding your next office space in Detroit or its suburban markets, we’d love to help. There is no cost involved for you to obtain our services or the services of our local representatives.
To allow us to get a better idea of what your office needs are and where you would like to locate your office, fill out the form at the top of the page to let us know a little bit about what it is you are looking to find. There’s also no obligation for filling out the form. Once we receive your request, we will have the appropriate local rep contact you right away to discuss your needs in further detail and to provide you a comprehensive report on your options.
About the Detroit Office Market
The metro Detroit office market consists of over 75 million square feet of office space of which only about 20% is located in downtown Detroit. The remainder is located in the suburban markets. In both downtown Detroit and the suburban office markets the type of office space is pretty evenly divided between newer class A and older class B buildings, with some class C also available. Vacancy rate is considerably higher than the older class B and class C office buildings resulting in a significantly lower asking price, roughly a 20% reduced rental rate.
Suburban office market information
Auburn Hills: Is a medium sized suburban office market that has primarily class A & B midrise office buildings.
Bloomfield Hills-Birmingham: is a small suburban market with mostly class A and B low rise office buildings. It is very high income area.
Clinton Township: A small exurban market, class B & C office buildings.
Dearborn: medium suburban market class A & B buildings, market dominated by Ford Motor Co.
Farmington Hills: A medium suburban market (extension of the Southfield market) with Class A & B buildings.
Gross pointe: A small exurban market with low rise buildings, primarily a high income bedroom community.Livonia: is a medium suburban market with class B & C low and midrise buildings.
Madison Heights: A small suburban market with class B & C buildings.
Northville: A small suburban market, class B & C low rise buildings centered around a historic downtown.
Novi: A medium suburban market, class A & B buildings. Twelve Oaks Mall and other additional shopping centers are located here.
Plymouth: Is a small suburban market Class B & C Buildings with a historic downtown.
Rochester & Rochester Hills: Is a medium suburban market with class A & B buildings.
Southfield: A major suburban general office market, class A, B , & C buildings.
Sterling Heights: A small suburban market, class A, B & C buildings.
Troy: Is a major suburban market class A & B & C buildings. Home of the high end Somerset Mall.
Warren: A medium suburban market, class B & C buildings.
Waterford: A small exurban market class B & C buildings.
West Bloomfield: Is a medium suburban market, Class B & C buildings.
Wixom: A small exurban market with class B & C office buildings.
We can help. All of the markets listed below, as well as others in the area. Give us a try. Contact us today. You will be glad you did!
Detroit Office Space Markets
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