Find Office Space in Ann Arbor, MI

Market Overview

Ann Arbor, Michigan is a college town with the flare of a big city. Home to the renowned University of Michigan, Ann Arbor is a people-friendly and business-friendly environment. While it is only the sixth largest city in Michigan, high technology, biotech and health services companies flock to the area in order to employ the top-tier talent from U of M.

Transportation is abundant in and around the area; buses, Zipcar and vanpool make public transit affordable and versatile. For airline travel, the Detroit Metropolitan Airport is just 25 miles to the east and offers both domestic as well as international flights.

Sports and outdoor recreation are important staples in the Ann Arbor community and although the city experiences four seasons, winters bring heavy snow and summers are quite humid. Nicknamed “Tree Town,” Ann Arbor boasts over 50,000 trees in its densely forested neighborhoods and parks. The Huron River passes through the city and is bordered by public parks, bike paths and sports fields. In addition to recreational activities, the four day long Ann Arbor Arts Fairs draws in over 500,000 visitors each July.

If your business is relocating or if you’re looking for your first office space, Ann Arbor is a place to consider. Interest in Ann Arbor’s commercial and residential real estate markets is increasing; there is about 1.4 million sq. ft. of vacant office/flex space but companies like Menlo Innovations and Novodynamics are continually expanding their offices. Finishing the final quarter of 2012 at 11.80%, the combined office and flex space vacancy rate is at its lowest since 2003.