Intelligence

Commercial Real Estate Market Information

The Coldwell Banker Commercial brand has commercial real estate market statistics to help you find out specifics about your local commercial real estate market. Whether you are looking for market trends or information on commercial real estate market size, we have the market reports you need. Get the information you need to make informed commercial real estate decisions by checking out our commercial real estate market reports. If you did not find the commercial real estate market information you were looking for contact us today!

Coldwell Banker Commercial® Reports

Opportunity Zones & Taxes

Opportunity Zones & Taxes

What are Opportunity Zones? The real estate industry is buzzing about this new program which allows private investment in country’s distressed communities. CBC brings you a quick overview to help you understand what they are and how investors can use them for their benefit.

CBC Blue Book

CBC Blue Book

The CBC organization is proud to present its 2018 Year-End Blue Book!

The Blue Book is a helpful market report with information brought to you by the true “on the ground” experts – the professionals of the CBC organization from all over the world.

Market Report: Retail Repurposing

Market Report: Retail Repurposing

Up to 80 percent of Americans do at least some shopping online. As Americans shift the way they shop, retailers that have not adapted to the changing environment are closing their doors, with the list of failing brand names growing each year.

Market Report: Student Housing

Market Report: Student Housing

Healthy demand and numerous shifts in student housing trends have transformed the property sector. Once overlooked by investors for fear of poorly maintained properties and high turnover, this asset class has become resilient, boasting handsome returns.

Regional Summaries

Select a state to view available market snapshots

Detroit, MI

Apartment
The 219,100-unit market-rate investment grade Detroit apartment market stalled a little in the first quarter of 2019, although vacancy remained low and rents managed to edge up. The overall vacancy rate is just 3.0%, up 10 basis points for the quarter and year-over-year. Average rents edged up just 0.2% by both measures in the first quarter of 2019, to $1,035 per month asking and $997 per month effective. The year-over-year gains are still large at 3.7% and 4.1%, respectively. VIEW APARTMENT LISTINGS >
Industrial
The 214-million-square-foot metro Detroit warehouse/distribution space market vacancy rate edged up 10 basis points to 10.4% in the first quarter of 2019, which is also up 10 from a year earlier. Both the average asking rent and the average effective rent were up 0.5% over the quarter, to $4.33 psf and $3.97 psf, respectively. The year-over-year gains are 1.6% asking and 2.1% effective. The 36.15-million-square-foot Flex/R&D market vacancy rate jumped 60 basis points in the first quarter of 2019 to 14.2%, which is the same as a year earlier. The average asking rent edged up just 0.3% to $7.28 psf, and the average effective rent was unchanged at $6.58 psf, but these rates are still up 2.5% and 3.0%, respectively, year-over-year. VIEW INDUSTRIAL LISTINGS >
Office
Detroit's 74-million-square-foot general purpose, multi-tenant office market overall vacancy rate is up 30 basis points for the quarter and 20 year-over-year to 23.3%. Rents continue to edge up, implying market balance despite negative demand. During the first quarter both the average asking rent and the average effective rent increased 0.3%, to $20.36 psf and $15.23 psf. Annual gains have been in the vicinity of 1.5% since 2014. VIEW OFFICE LISTINGS >
Retail
The 34.6-million-square-foot Detroit area community-neighborhood shopping center market is quiet as well. The vacancy rate edged down 10 basis points over the quarter to 11.9%, but that is up 20 from a year earlier. The average asking rent and average effective rent increased 0.7% over the quarter to $18.16 psf and $15.91 psf, a solid gain. The year-over-year increase, however, is just 1.0% by both measures. VIEW RETAIL LISTINGS >

Source: Data provided by Reis, Inc. based on Market Summaries for the 85 Primary and Secondary Markets they cover.