Penobscot Building

645 Griswold St, Detroit, MI 48226

  • For Lease $25.00/SF/YR
  • Property Type Office - General Office
  • Property Size 1,149,710 SF
  • Lot Size 1.07 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1928
  • Date Updated Nov 14, 2024
The Penobscot Building offers unmatched access and identity in Detroit’s premier location. Yet this landmark office address is among the most cost-efficient in the entire metropolitan market. Located at the corner of Griswold Street and W Fort Street, The Penobscot Building is in an extremely walkable area in Detroit’s Financial District within the CBD. The building is surrounded by popular fine-dining restaurants including Maru Sushi, London Chop House, Shelby, Apparatus Room, and Dime Store, as well as fast-casual restaurants including Potbelly, Jimmy Johns, Athens Souvlaki, and Carnival Fresh Mex. The building is also approximately 200 feet from Campus Martius Park, which attracts more than two million visitors per year due to its frequent community-focused programming. The tower is connected to two older, smaller buildings, the 1905 Penobscot Building and the Penobscot Building Annex which comprise the Penobscot Block, allowing tenants, residents, and visitors to easily get from Fort Street to Griswold and vice versa. In addition, the building has quick access to M-10, the Lodge Freeway and the Detroit Windsor Tunnel.Since its inception in 1928, the world of business has revolved around Detroit’s internationally recognized landmark, the Penobscot Building. Now, this timeless 47-story landmark stands as a proud symbol of Detroit's past, present, and promising future. Strategically positioned in the very center of Detroit’s revitalized business, cultural, sports, and entertainment districts, The Penobscot is perfectly suited to satisfy a diverse range of corporate needs. Above all, The Penobscot Building represents an extraordinary value for today’s savvy decision-makers. Decorative pavers lead pedestrians to the Building’s imposing four-story entrance archway on Griswold Street. Sweeping bronze and glass revolving doors open to the impressive lobby. The Building’s one-of-a-kind museum-quality decorations have been carefully preserved for nearly a century, High-speed elevators efficiently transport tenants and their visitors to the office floor of their choice. Traditional or contemporary office suites are available with first-class appointments that represent the latest materials, finishes, lighting and color palettes. Virtually any custom option may be accommodated to satisfy your exact specifications. Traditional and contemporary space is available, from small executive suites to full floors ranging from 13,000 - 30,000 square feet. Multiple contiguous floors may be assembled to provide 400,000 square feet of space.

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Attachments

Highlights

  • Prominent icon in Detroit’s skyline from all directions
  • Beautiful art deco design inside and out
  • Up to 400,000 SF of max contiguous space
  • Top of building corporate branding opportunity
  • Located at the heart of Detroit’s Financial core
  • Interior features historic and contemporary space
  • Walking distance to hundreds of amenities,
  • Easy access to M-10 the Lodge Freeway and Windsor Tunnel
  • On-site management and 24/7 security

Spaces Available

Contacts

broker

Mike Gunn

P.A. Commercial

Location

Getting Around

  • Walk Score ®

    99/100 Walker's Paradise
  • Transit Score ®

    86/100 Excellent Transit
  • Bike Score ®

    64/100 Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Downtown Detroit
  • Zip Code 48226
  • Market Detroit

Points of Interest

  • Congress Street

    0.10 miles

  • Financial District

    0.12 miles

  • Campus Martius

    0.13 miles

  • Huntington Place

    0.18 miles

  • Broadway

    0.37 miles

  • Renaissance Center

    0.38 miles

  • Greektown

    0.40 miles

  • Grand Circus Park

    0.42 miles

  • West Riverfront

    0.43 miles

  • Montcalm Street

    0.67 miles

  • Mobil

    0.25 miles

  • ChargePoint

    0.29 miles

  • Tesla, Inc.

    0.29 miles

  • eVgo

    0.36 miles

  • Bedrock Kahn Garage

    0.42 miles

  • Beaubien Place Garage

    0.49 miles

  • Speedway

    0.58 miles

  • Marathon

    0.84 miles

  • Bedrock John R 1

    0.96 miles

  • Bedrock Corktown

    1.04 miles

  • Penobscot Building

    0.03 miles

  • W Congress Street Parking Lot

    0.03 miles

  • Kennedy Square Garage

    0.05 miles

  • Financial District Garage

    0.08 miles

  • Griswold/Larned Garage

    0.09 miles

  • W Larned Street Lot

    0.09 miles

  • Brush Park A6 Lot

    0.10 miles

  • Assembly Garage

    0.10 miles

  • One Woodward Garage

    0.12 miles

  • 150 W. Jefferson Garage

    0.14 miles

  • Detroit Foundation Hotel

    0.14 miles

  • Fort Pontchartrain Detroit a Wyndham Hotel

    0.16 miles

  • Hotel Indigo

    0.17 miles

  • The Westin Book Cadillac Detroit

    0.20 miles

  • Sonder Gabriel Richard

    0.23 miles

  • DoubleTree Suites by Hilton Hotel Detroit Downtown - Fort Shelby

    0.28 miles

  • Shinola Hotel

    0.29 miles

  • Courtyard Detroit Downtown

    0.31 miles

  • Roost

    0.31 miles

  • Atheneum Suite Hotel

    0.36 miles

  • Which Wich?

    0.01 miles

  • Food Carnival

    0.02 miles

  • Jimmy John's

    0.04 miles

  • Kwench Juice Cafe

    0.04 miles

  • Dime Store

    0.06 miles

  • Potbelly

    0.06 miles

  • London Chop House

    0.06 miles

  • Domino's

    0.07 miles

  • Brisabar

    0.09 miles

  • Chipotle

    0.10 miles

  • Central Michigan

    0.06 miles

  • Jessie C Kennedy Institute

    0.07 miles

  • Michigan Institute for Construction Trades

    0.17 miles

  • Grand Valley State University Detroit Center

    0.51 miles

  • University of Detroit Mercy Law School

    0.52 miles

  • Wayne County Community College Downtown Campus

    0.57 miles

  • Woodward Academy

    0.70 miles

  • Most Holy Trinity School

    0.72 miles

  • Walter P. Chrysler Elementary School

    0.90 miles

  • Cass Technical High School

    0.92 miles

  • Midtown KinderCare

    1.32 miles

  • Matrix Headstart

    2.00 miles

  • Vista's Nuevas Headstart Gasper Fiore Center

    2.40 miles

  • Kingdom Care Learning Center

    2.73 miles

  • Sha-Sha's Kiddy Korner

    2.91 miles

  • Once Upon a Time Child World

    3.17 miles

  • Henry Ford Kids Child Care Center

    3.52 miles

  • Angel Land Child & Parent Center

    4.03 miles

  • Matrix Head Start Infinity II

    4.44 miles

  • United Children & Family Head Start

    4.83 miles

Frequently Asked Questions

How much does office space cost at Penobscot Building?

The average price for office space at Penobscot Building is $25.00/SF/YR. The cost of leasing office space can depend on the position of the space within the building, the location of the property, the quality rating, amenities on-site or nearby, as well as if the office space you are looking at comes with attributes that are unique to it.

What office space is available at Penobscot Building?

In total, there are 996,000 square feet of office space for rent at Penobscot Building. Availability at this location includes general office. The property offers Multi-Tenant commercial space. If you are interested in finding out more, you can easily reach out to schedule a tour using the contact form at the top of this page.

Can I find office space for a small business at Penobscot Building?

Available office space at Penobscot Building starts at 996,000 square feet. According to general recommendations of 75 to 150 square feet of office space per person, this can work for a minimum of 6640 people. For detailed information on optimal divisible space options for your business needs, contact the listing broker to schedule a tour.

Can I find office space for a large business at Penobscot Building?

Office space available at Penobscot Building provides up to 996,000 square feet, which can accommodate a maximum of 13280 people, according to recommendations of between 75 and 150 square feet of office space per person. For a better understanding of how this space could work for you, reach out to schedule a tour.

Is Penobscot Building a good location for office space?

Penobscot Building is located in the Downtown Detroit neighborhood of Detroit. Penobscot Building was first completed in 1928. Office space here is rated class B. Reach out to the leasing representative for more detailed information on the most modern facilities and amenities at the property.

Area amenities within half a mile of this location include 3 educational institution(s), 10 restaurant or other dining establishment(s), 10 hotel, motel, or other accommodation.

Does Penobscot Building have parking?

See listing location information regarding the nearest points of interest in the area. Contact the property representative for details on what the best vehicle access and parking options are near 645 Griswold St. For your consideration, Penobscot Building is located within 0.5 miles of 10 parking option(s) and 6 fuel station(s).

How do I lease office space at Penobscot Building?

If you want to find out more about the lease terms and office space availability at Penobscot Building, fill out the contact form to schedule a tour or reach out to the property representatives using the contact details provided here to ask for any additional information that you might be interested in.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Mike Gunn

P.A. Commercial

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