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


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>>

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

GVA Detroit finalizes Kelly Services lease in Troy, MI.

See how we can help landlords in this tying market.

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

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

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