Detroit Office MarketBeat Q1 2026
The Detroit office market in Q1 2026 recorded a 19.2% overall vacancy rate and positive net absorption of 328,000 square feet for a second consecutive quarter, with asking rents averaging $20.24 per square foot across all property classes. The Detroit Central Business District submarket saw the highest rent growth at 43.2% year-over-year to $35.80 per square foot, driven primarily by completion of the Class A Hudson's Detroit building where General Motors opened a 200,000-square-foot headquarters.
Published by Cushman & Wakefield. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Cushman & Wakefield
- Obtained from
- Unknown: source not established
- Published
- Mar 31, 2026
- Last updated
- Jun 28, 2026 (1 month ago)
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