It's Tougher to Find Prime Office Space in Downtown Detroit

October 01, 2019, 2:50 PM

Downtown Detroit (Deadline Detroit photo)

There was a time not long ago where it was relatively easy to find prime office space in downtown Detroit.

That's changed.

The vacancy rate in Detroit's prime office buildings dropped this year, according to a report by the  Royal Oak office of JLL, a real estate service company. The result:The 21 most in-demand office buildings in and around downtown Detroit are more than 92 percent leased, reports Kirk Pinho of Crain's Detroit Business. 

Rents have continued to climb, jumping from an average $23.47 a square foot last year to $24.99 this year. 

Read more:  Crain's Detroit Business

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