Statistical Data
The data shown in these tables may be saved at any time. Click the download icon to save the data as an .xls file.
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.
Property Search
The Right Place, Inc. is partnering with the Commercial Alliance of Realtors to provide a property search function for visitors to our site.
Lease Rate Comparisons
| Market | Class A office | Class B office | Warehouse-Distribution | R&D-Flex |
|---|---|---|---|---|
| Grand Rapids | $20.52 | $17.55 | $3.14 | $4.48 |
| San Diego, CA | $38.40 | $29.64 | $8.16 | $15.96 |
| San Jose, CA | $37.96 | $31.81 | $7.10 | $16.27 |
| Boston, MA | $41.61 | $23.99 | $5.67 | $10.24 |
| Chicago, IL | $33.00 | $27.22 | $4.63 | $8.48 |
| Las Vegas, NV | $35.33 | $25.27 | $6.71 | $12.45 |
| New Jersey No. & Central | $29.89 | $25.12 | $5.80 | $10.97 |
| Oakland-East Bay, CA | $31.61 | $23.01 | $5.64 | $10.32 |
| Seattle, WA | $35.07 | $26.00 | $6.08 | $12.94 |
| Detroit, MI | $23.38 | $20.20 | $4.13 | $8.92 |
| Minneapolis-St. Paul, MN | $25.77 | $19.79 | $5.39 | $6.67 |
| Austin, TX | $31.10 | $23.16 | $6.16 | $9.30 |
| Atlanta, GA | $24.31 | $19.07 | $3.66 | $7.34 |
| Cleveland, OH | $22.83 | $17.88 | $3.00 | $4.74 |
| Indianapolis, IN | $19.77 | $15.66 | $3.74 | $7.94 |
| Charleston, SC | $25.42 | $22.19 | $4.64 | $7.29 |
© 2009, The Right Place, All Rights Reserved.
161 Ottawa Ave NW, Suite 400 | Grand Rapids, MI 49503-2701 | Phone: 616.771.0325 | Fax: 616.771.0555 | Email: info@rightplace.org | Directions
The Right Place, Inc. a non-profit economic development organization, promotes the economic growth of Greater Grand Rapids, Michigan.