Commercial Real Estate Market Report

Troy, MI Commercial Real Estate Consultants

Metro Detroit Office Market

Published by: Ryan D. Richmond

The trend in commercial real estate across the country is stagnant. Few properties are being sold; Office space sales are down 70% since last year. Tightened credit guidelines make it difficult to purchase these properties forcing many building owners into bankruptcy. more>>

 

Troy, MI Vacancy Rates

Average Vacancy Rate

Office vacancy rates are around 28% in Troy, MI.

Kelly Services

Kelly Services Deal

GVA Detroit finalizes Kelly Services lease in Troy, MI.

Landlord Solutions

See how we can help landlords in this tying market.

Troy, MI Lease Rates

Average Lease Rate

Average office lease rates are approximately $20 / square foot.

Lease Buyouts

What is a lease buyout and can they work for you?

About GVA Detroit

Learn more about GVA Detroit and how we can help you.