2023 Office Space Rent & Sales
- $19.17 2023 Avg. Asking Rent
- 15.24% 2023 Office Vacancy Rate
Livonia office price per square foot in 2023 was $19.17 on average. The local office market recorded an average vacancy rate of 15.24% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- Michigan Class A & A+ Office Space$22.86
- Michigan Class B Office Space$21.46
- Michigan Class C Office Space$21.50
Livonia, MI Office Asking Rents by Class
Office Spaces for Rent in Michigan
Coworking Spaces in Michigan
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2023 Office Construction in Livonia, MI
| Office building | Address | SF | Completed |
|---|---|---|---|
| Livonia Corporate Center - Building 2 | 28201 Schoolcraft Road, 48150 | 738,000 | 2018 |
| 19499 Victor Pkwy | 19499 Victor Pkwy, 48152 | 39,730 | 2009 |
| 17430 & 17440 College Pkwy | 17440 College Pkwy, 48152 | 119,742 | 2007 |
| 12001 Tech Center Drive | 12001 Tech Center Drive, 48150 | 88,066 | 2004 |
| 12001 Tech Center Drive | 12001 Tech Center Drive, 48150 | 86,500 | 2004 |
| Livonia Corporate Center - Building 3 | 28301 Schoolcraft Road, 48150 | 763,000 | 2001 |
| Victor Corporate Center Building 2 | 20255 Victor Parkway, 48152 | 176,762 | 1999 |
| Laurel Pointe Offices | 37655-37699 Six Mile Road, 48152 | 20,984 | 1999 |
| Victor Corporate Center | 20555 Victor Pkwy, 48152 | 373,593 | 1998 |
| Pembroke James Towne Offices II | 37601-37649 Pembroke, 48152 | 20,000 | 1998 |
Worth noting among recent office completions on the Livonia market is Livonia Corporate Center - Building 2, which is currently the largest new office development in the city, at 738,000 square feet.
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Livonia commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.