Top 10 Largest Office Buildings
in Greater Grand Rapids
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| Farmer's Insurance - Kraft Meadows & Print Distribution Center | 5665 North Kraft Lake Drive SE, 49316 | 459,104 | 1998 |
| Gordon Food Service Headquarters | 1300 Gezon Pkwy SW, 49509 | 386,000 | 2011 |
| Farmer's Insurance - Kraft Lake | 5600 Beechtree Lane SE, 49316 | 254,831 | 1990 |
| Fifth Third Bank CSC I | 1850 East Paris Avenue SE, 49546 | 209,417 | 1977 |
| 5251 & 5253 36th Street SE | 5251 36th Street SE, 49512 | 162,969 | 1972 |
| 1001 28th Street SW | 1001 28th Street SW, 49509 | 160,000 | 2018 |
| Metro Health Professional Building | 2122 Health Drive SW, 49519 | 159,400 | 2007 |
| 625 Kenmoor Avenue SE | 625 Kenmoor Avenue SE, 49546 | 148,083 | 2003 |
| 5300 Patterson Avenue SE | 5300 Patterson Avenue SE, 49512 | 141,157 | 1991 |
| Spectrum Health Integrated Care Campus - East Beltline | 2750 East Beltline Avenue NE, 49525 | 120,000 | 2014 |
Largest Office Properties Recently Completed
in Greater Grand Rapids
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| 6300 Venture Hills Blvd SW | 6300 Venture Hills Blvd SW, 49315 | 40,000 | 2021 |
| JBB Place | 6420 Byron Center Avenue SW, 49315 | 50,415 | 2020 |
| 5670 Eagle Drive SE | 5670 Eagle Drive SE, 49512 | 56,210 | 2019 |
| 1001 28th Street SW | 1001 28th Street SW, 49509 | 160,000 | 2018 |
| Spectrum Health Integrated Care Campus - Rockford | 8501 Meadow Creek Drive, 49341 | 30,000 | 2017 |
| Heritage Pointe - Phase II | 2144 East Paris Avenue SE, 49546 | 42,792 | 2016 |
| Spectrum Health Integrated Care Campus - East Beltline | 2750 East Beltline Avenue NE, 49525 | 120,000 | 2014 |
| Mercy Health Rockford Campus | 6050 Northland Drive NE, 49341 | 67,586 | 2014 |
| 6355 East Paris Avenue SE | 6355 East Paris Avenue SE, 49316 | 30,000 | 2012 |
| Gordon Food Service Headquarters | 1300 Gezon Pkwy SW, 49509 | 386,000 | 2011 |
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...