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Detroit Economic Growth Corporation
500 Griswold St., Suite 2200
Detroit, MI 48226
Work:(313)963-2940
Fax:(313)963-8839


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Real Estate Data


Detroit features high quality industrial, office, and retail space that are competitive both regionally and nationally, at rates that are more affordable than comparable markets. For specific site or real estate information, please contact the DEGC.

City of Detroit Industrial Market (includes R&D, Flex, Warehousing)

Vacancy Rate  - 19.7%

Average Asking Lease Rate - $3.26/sf

City of Detroit Class A Office Market

Vacancy Rate  - 22%

Average Asking Lease Rate  - $22.76/sf

City of Detroit Retail Market

Vacancy Rate  - 20.9%

Average Asking Lease Rate  - SF/YR/NNN - $6.37

 

Source: CBRE, First Quarter 2010 Data

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500 Griswold St., Ste. 2200 Detroit, MI, 48226 Phone: (313) 963-2940 Fax: (313) 963-8839