• Net absorption has remained positive since Q4 2009, and totaled 825,051 sq. ft. over the last four quarters.
  • In the past five years, vacancy has declined by 620 basis points, falling from 19.7% to 13.5%, and availability has declined by 490 basis points, from 24.3% to 19.4%.
  • At the end of Q2 2020, office space under construction totaled just over 1.8 million square feet.
  • Despite a surge in sublease space nationally, the Detroit market saw no notable increase in sublease space in Q2.