Greater Grand Rapids Commercial and Industrial Real Estate
Greater Grand Rapids’ low lease rates and real estate costs make it an attractive location for companies of all sizes. One of the most affordable second-tier markets in the Midwest, Greater Grand Rapids offers easy access to major markets and amenities more often found in regions twice its size, all in a location that is affordable for both companies and their employees.
Lease Rate Comparisons -- Class A office
| Indianapolis, IN | $18.98
|
| Raleigh, SC | $19.05
|
| Grand Rapids | $20.52
|
| Atlanta, GA | $21.32
|
| Cleveland, OH | $22.89
|
| Austin, TX | $23.75
|
| Minneapolis-St. Paul, MN | $24.72
|
| Detroit, MI | $26.05
|
| Seattle, WA | $27.65
|
| Oakland-East Bay, CA | $27.98
|
| New Jersey No. & Central | $29.07
|
| Las Vegas, NV | $29.98
|
| Chicago, IL | $30.41
|
| Boston, MA | $30.51
|
| San Jose, CA | $32.68
|
| San Diego, CA | $36.48 |
Lease Rate Comparisons -- Class B office
| Indianapolis, IN | $15.50
|
| Raleigh, SC | $16.10
|
| Grand Rapids | $16.53
|
| Atlanta, GA | $16.82
|
| Cleveland, OH | $17.54
|
| Minneapolis-St. Paul, MN | $19.17
|
| Austin, TX | $19.30
|
| Seattle, WA | $21.24
|
| Oakland-East Bay, CA | $22.13
|
| Detroit, MI | $22.53
|
| Boston, MA | $22.80
|
| Las Vegas, NV | $24.05
|
| New Jersey No. & Central | $24.34
|
| Chicago, IL | $24.86
|
| San Jose, CA | $25.89
|
| San Diego, CA | $27.84 |
Lease Rate Comparisons -- Warehouse-Distribution
| Indianapolis, IN | $2.75
|
| Grand Rapids | $3.11
|
| Cleveland, OH | $3.45
|
| Atlanta, GA | $3.75
|
| Raleigh, SC | $4.19
|
| Chicago, IL | $4.25
|
| Detroit, MI | $4.26
|
| Minneapolis-St. Paul, MN | $4.72
|
| San Jose, CA | $5.36
|
| New Jersey No. & Central | $5.60
|
| Oakland-East Bay, CA | $5.63
|
| Seattle, WA | $5.88
|
| Austin, TX | $6.06
|
| Boston, MA | $6.16
|
| Las Vegas, NV | $6.50
|
| San Diego, CA | $8.04 |
Lease Rate Comparisons -- R&D-Flex
| Grand Rapids | $5.54
|
| Minneapolis-St. Paul, MN | $5.92
|
| Indianapolis, IN | $6.70
|
| Atlanta, GA | $7.04
|
| Austin, TX | $7.40
|
| Chicago, IL | $8.16
|
| Cleveland, OH | $8.60
|
| Raleigh, SC | $8.88
|
| Detroit, MI | $9.48
|
| Boston, MA | $9.94
|
| Oakland-East Bay, CA | $9.95
|
| New Jersey No. & Central | $10.05
|
| San Jose, CA | $11.63
|
| Seattle, WA | $11.63
|
| Las Vegas, NV | $12.45
|
| San Diego, CA | $14.04 |
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