Top 10 Largest Office Buildings
in Detroit
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| Cadillac Place | 3044 West Grand Blvd, 48202 | 1,398,000 | 1923 |
| Penobscot Building | 645 Griswold Street, 48226 | 996,000 | 1928 |
| One Campus Martius | 1000 Woodward Avenue, 48226 | 985,098 | 2003 |
| Ally Detroit Center | 500 Woodward Avenue, 48226 | 979,489 | 1991 |
| First National Building | 660 Woodward Avenue, 48226 | 850,420 | 1928 |
| 600 East Lafayette Street | 600 East Lafayette Blvd, 48226 | 758,000 | 1971 |
| 1 Ford Place | 1 Ford Place, 48202 | 681,029 | 1966 |
| The Guardian Building | 500 Griswold Street, 48226 | 653,379 | 1929 |
| Fisher Building | 3011 West Grand Blvd, 48202 | 634,819 | 1928 |
| GM Renaissance Center - Tower 100 | 100 Renaissance Center, 48226 | 622,275 | 1976 |
Largest Office Properties Recently Completed
in Detroit
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| One Campus Martius - Expansion | 1 Campus Martius, 48226 | 310,000 | 2021 |
| The Press/321 | 321 West Lafayette Blvd, 48226 | 153,252 | 2021 |
| 120 Henry Street | 120 Henry Street, 48201 | 132,500 | 2021 |
| 2715 Woodward Avenue | 2715 Woodward Avenue, 48201 | 127,000 | 2021 |
| 2110 Park Avenue | 2110 Park Avenue, 48201 | 57,000 | 2021 |
| Chroma | 2937 East Grand Blvd, 48202 | 75,000 | 2020 |
| Little Caesars Global Resource Center | 2125 Woodward Avenue, 48201 | 234,000 | 2019 |
| The Assembly | 1702 West Fort Street, 48216 | 160,000 | 2019 |
| Piquette Building | 411 Piquette Avenue, 48202 | 110,000 | 2019 |
| 6001 Cass Avenue | 6001 Cass Avenue, 48202 | 105,600 | 2019 |
News
Multifamily sales across top metros nationwide have increased significantly over the past decade. The transaction volume in 2019 alone was $129 billion, compared to $13.4 billion in multifamily sales in 2009.
The Golden State contributed 29 locations with average asking rents ranging from $58.70 to $109.57 per square foot per year. The second-most dominant representation in our top 50 was New York, which added a total of 13 entries.
Apex Capital Investments purchased Grand2 — a 352,000-square-foot, nine-story office building in Tempe, Ariz. — from Lincoln Property Company for $187.5 million, or $534 per square foot. The building is fully leased to DoorDash, the San Francisco-based food delivery behemoth. The deal, which was...