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Office Leasing Activity Report
Detroit
Q3 2015
This report analyzes all closed office leases > 20,000 s.f.
Leasing activity by size
262,600
12
1,698,388
54
8,538
240,418
69.0
Growing Shrinking Stable
82,556
0
24,252
51,603
104,189
0
Top 10 lease transactions during the quarter
Size Footprint Term (mos)
88,950 Growing 0
67,934 Growing N/A
24,252 Shrinking N/A
15,239 Growing 120
13,644 Stable N/A
9,182 Stable N/A
8,538 Stable N/A
8,041 Stable 84
8,011 Stable NA
6,814 Stable N/A
MacLean Fogg Component
Solutions, LLC
6001 N Adams Rd Birmingham Direct
Advantage Consulting &
Education Management
25800 Northwestern Hwy Southfield Direct
Beaumont Health Services 700 Tower Drive Troy Direct
Dimensional Control System 5750 New King St Troy
Rainbow Rehabilitation Center
Direct
Lake Michigan Credit Union 17370-17390 N Laurel Park Dr Northern I-275 Corridor Direct
Direct
25200 Telegraph Rd SouthfieldGiffels, LLC
Towers Watson
Regus
Direct
3200 Greenfield Rd Dearborn Direct
17187 N Laurel Park Dr N Southern I-275
Type
880 W Long Lake Rd Troy DirectMolina Healthcare
Tenant Address Submarket
Direct
26555 Evergreen Road. Southfield
At a glance
Total s.f. leased QTD
Total transactions QTD
Total s.f. leased YTD
Tenant footprint
3 1 8
Total transactions YTD
Leasing activity by transaction type
Leasing activity by submarketLeasing activity by industry
Total Class A s.f. leased
Expansion in market
Expansion in building
Renewal
Extension (< 36-month term)
Relocation within market
New to market
Average term (mos)
Total Class B s.f. leased
- 1 1 - 10
-
20,000
40,000
60,000
80,000
100,000
120,000
100,000+ 75,000-99,999 50,000-74,999 30,000-49,999 20,000-29,999
Total leased Number of leases
8.33%
8.33%
8.33%
Birmingham Dearborn Northern I-275 Corridor
8.33%
0.00%
25.00%
16.67%16.67%
8.33%
8.33%
8.33%
8.33%
Law firm
(blank)
Healthcare
Technology
Other professional and business services
Banking finance insurance
Accounting consulting research strategy
-
200,000
400,000
600,000
800,000
1,000,000
1,200,000
Q3 2014 Q4 2014 Q1 2015 Q2 2015
Historical leasing activity
Source: JLL Research 2015 Jones Lang LaSalle IP, Inc. All rights reserved.

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Leasing Activity Sheet Q3 2015-Detroit

  • 1. Office Leasing Activity Report Detroit Q3 2015 This report analyzes all closed office leases > 20,000 s.f. Leasing activity by size 262,600 12 1,698,388 54 8,538 240,418 69.0 Growing Shrinking Stable 82,556 0 24,252 51,603 104,189 0 Top 10 lease transactions during the quarter Size Footprint Term (mos) 88,950 Growing 0 67,934 Growing N/A 24,252 Shrinking N/A 15,239 Growing 120 13,644 Stable N/A 9,182 Stable N/A 8,538 Stable N/A 8,041 Stable 84 8,011 Stable NA 6,814 Stable N/A MacLean Fogg Component Solutions, LLC 6001 N Adams Rd Birmingham Direct Advantage Consulting & Education Management 25800 Northwestern Hwy Southfield Direct Beaumont Health Services 700 Tower Drive Troy Direct Dimensional Control System 5750 New King St Troy Rainbow Rehabilitation Center Direct Lake Michigan Credit Union 17370-17390 N Laurel Park Dr Northern I-275 Corridor Direct Direct 25200 Telegraph Rd SouthfieldGiffels, LLC Towers Watson Regus Direct 3200 Greenfield Rd Dearborn Direct 17187 N Laurel Park Dr N Southern I-275 Type 880 W Long Lake Rd Troy DirectMolina Healthcare Tenant Address Submarket Direct 26555 Evergreen Road. Southfield At a glance Total s.f. leased QTD Total transactions QTD Total s.f. leased YTD Tenant footprint 3 1 8 Total transactions YTD Leasing activity by transaction type Leasing activity by submarketLeasing activity by industry Total Class A s.f. leased Expansion in market Expansion in building Renewal Extension (< 36-month term) Relocation within market New to market Average term (mos) Total Class B s.f. leased - 1 1 - 10 - 20,000 40,000 60,000 80,000 100,000 120,000 100,000+ 75,000-99,999 50,000-74,999 30,000-49,999 20,000-29,999 Total leased Number of leases 8.33% 8.33% 8.33% Birmingham Dearborn Northern I-275 Corridor 8.33% 0.00% 25.00% 16.67%16.67% 8.33% 8.33% 8.33% 8.33% Law firm (blank) Healthcare Technology Other professional and business services Banking finance insurance Accounting consulting research strategy - 200,000 400,000 600,000 800,000 1,000,000 1,200,000 Q3 2014 Q4 2014 Q1 2015 Q2 2015 Historical leasing activity Source: JLL Research 2015 Jones Lang LaSalle IP, Inc. All rights reserved.
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