Mixed Use Office | Research & Development: 6564 S. State, Saline

2,500 SF – 22,000 SF Available at 6564 S. State in Saline.

AAA rated and highly motivated landlord is offering turn-key and/or white-box delivery for single or multi-tenant occupancy in this existing mixed Office & Research Office building located in Pittsfield Township with SALINE address. Minutes from Ann Arbor and all major expressways.

Interior of building is ready for landlord to complete a turn-key space, or, white-box ready for tenant finishes, with estimated occupancy 45 – 90 days after lease signing.

Will consider qualified tenants needing 2,500 up to 22,000 sq. ft. with a 5+ year guaranteed lease commitment.

Building has full fire suppression system & 1600AMP 120/208V 3 phase 4 wire electrical service.

Lease Rate: $9.75 PSF NNN

For more information or to schedule a property showing at 6564 S. State, contact TONY CAPRARESE at (734) 904-3521 or TONYC@SWISHERCOMMERCIAL.COM

Office Suites for Lease: 2500 Packard, Ann Arbor

Affordable office suites available at 2500 Packard, Ann Arbor. Many new improvements to the property and under new management. Plenty of parking and only minutes from downtown Ann Arbor and Briarwood area. One of Ann Arbor’s best office space values.

Suite 206: 1,139 SF – $1,139 per month

Suite 208 A: 1,210 SF – $1,210 per month

Suite 208 B: 567 SF – $567 per month

Suite 210: 1,007 SF – $1,007 per month

Lease Type: Plus Utilities

For more information or to schedule a property tour of 2500 Packard, contact RANDY MAAS at (734) 222-7525 or RMAAS@SWISHERCOMMERCIAL.COM or  MIKE GIRAUD at (734) 662-3617 or MGIRAUD@SWISHERCOMMERCIAL.COM.

Downtown Office Space: 110 N. Main, Chelsea

Prime location for office in downtown Chelsea.

110 N. Main: 400 SF office with shared common area. High ceilings and wood floor. Municipal parking nearby and street parking out front.

Lease Rate: $750 Per Month Gross

Prime downtown Chelsea location, within walking distance of all downtown shops and restaurants. Easy access to I-94 via Main Street/M-52.

For more information or to schedule a property showing, contact Charlie Koenn at (734) 926-0230 or ckoenn@swishercommercial.com.

THE CLARK-GOLFSIDE MEDICAL (CGMA) OFFICE AREA

The Clark-Golfside Medical (CGMA) Office Area vacancy rate increased from 6.5% to 9.9%. (+3.4%)

There was some demand for CGMA suites by medical/health-related tenants, even though the vacancy rate increased. Brokers reported that while demand persisted, prospective tenants proceeded at a cautious pace.

See where this area stands in comparison to other Ann Arbor sectors – READ FULL REPORT.

Small Office Suites at the Bluewater Building: 7444 Dexter-Ann Arbor, Dexter

Small office suites available at the Bluewater Building in Dexter. Building built, owned and managed by local builder. Building has highly visible location off entryway to downtown Dexter with great position relative to the local schools. Building has ample on-site parking and signage. Nice layouts for any office or medical user.

Suite B1: 360 SF, $695 per month gross

Suite L: 550 SF, $1,250 per month gross

Suite F: 2,161 SF, $20 PSF gross

NEW SUITE J: 1,241 SF, $1,900 per month plus utilities

For more information on the Bluewater Building or to schedule an office tour, contact Jeff Evans at (734)926-0222 or jeffevans@swishercommerical.com.

THE EAST OFFICE AREA (EOA)

The East Office Area (EOA) vacancy rate increased a percent and a half from 10.9% in 2019 to the current rate of 12.4%. (+1.5%)

One property in the EOA reported 14,000 square feet higher vacancy than last year, and of the nine other buildings in the EOA with increased vacancy, none increased by more than 5,000 square feet. Despite the dampening effect of the pandemic, there was a steady flow of new small-office transactions in the EOA, which moderated the increase in the vacancy rate of the sub-market. New office tenants relocating or expanding into the EOA included firms in the mental health, accounting, legal and real estate sectors.
To speak with a broker regarding the current Ann Arbor commercial real estate market, call (734)663-0501.

Ann Arbor Market Info – YE Vacancy Report

MLive.com interviews Bart Wise regarding the 2020 YE Vacancy Report and the current commercial real estate climate in Ann Arbor.
“We brokered quite a few transactions in 2020 and a lot of them of are businesses that continued on,” Wise said, including manufacturers of sanitary products. “As time goes on and more and more people are vaccinating, that’s going to have a stabilizing impact. That’s going to take some time and different people will react differently.”
Others anticipate businesses will adopt a “work-from-anywhere” model, where they will continue to have an office presence to utilize downtown Ann Arbor’s amenities, such as easily grabbing a bite to eat or meeting with others, while also maintaining a productive schedule outside of a formal space.

THE NORTH OFFICE AREA (NOA)

The North Office Area (NOA) vacancy increased from 6.8% to 7.0%. (+0.2%)
Of the 35 NOA buildings, nine reported a change in vacancy, with three of those buildings increasing by more than 5,000 square feet. The negligible increase reinforces our vacancy report historical data showing that NOA buildings attract long-term tenants, bringing stability to NOA landlords, even in difficult times. Nevertheless, underneath the relatively stable vacancy rate, this year there was a lack of significant new demand for office space in the NOA. Anecdotally, a listing broker reports that a Class A NOA office building with a sizable vacancy has had but a single new prospect inquiry since the beginning of the pandemic. Typically, in that same time frame, a quality Class A office vacancy in the NOA would draw a half-dozen or more inquiries by prospective tenants.