With regular news that companies like LinkedIn are opening up offices in Detroit, it’s no surprise that the office market here is strong. New research from Newmark Knight Frank only confirms our suspicions. The real estate advisory firm released its first quarter 2019 office trends report showing that Detroit’s market vacancy rate fell to 13.1 percent, a drop of 0.8 percent. 101,000 square feet of office space got leased in New Center and 123,000 square feet in the central business district, as companies like United Way for Southeastern Michigan relocated here. Meanwhile, more is being built…Continue Reading or Check Out Our Exclusive, Off-Market Real Estate Investing Opportunities!
Peter Corrado
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