Report | Detroit Office Insight - Q1 2016

Summary

Detroit’s CBD looks to be on the comeback trail as we begin 2016, with vacancy rates down 2.7 percent year-over-year to hold at 13.7 percent (as of Q1 2016).​

Suburban Detroit submarkets have also shown a number of positives recently—with the vacancy rate dipping 5.7 percent over the past 12 months. Meanwhile, suburban Class A rents ticked upward by 2.5 percent over the same period.

Learn more about what’s happening right now in Detroit—and what we can expect over the next couple months—by downloading our Q1 2016 US Office Insight.

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