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Helpful Detroit Office Space Information

Oct. 4th, 2010
in Real Estate
by Nathaniel Potter

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Detroit is a city located in the state of Michigan. It is located in South East Michigan on the Detroit River and between lakes St. Clair and Erie. It is Michigan’s largest city and tenth largest in the nation, Detroit is a major Great Lakes shipping and rail center.

Advantages of expanding, opening or relocating your business with Detroit office space include the city providing wireless Internet zones, business tax incentives, entertainment, an international riverfront, and residential high rises.

Detroit has improved its business environment by providing wireless Internet zones, residential high rises and business tax incentives.

There are still national tenants that have their eye on Detroit, but few are making moves right now. One notable exception is the General Services Administration, which completed several large lease renewals earlier this year. The government entity also recently sent out another proposal looking for approximately 86,000 to 87,500 square feet in Detroit.

Owners and landlords in Detroit are offering more and more incentives to potential tenants, some of these include lower rental rates and increasing the amount of free rent. Now is the time for tenants looking at Detroit for office space. Good deals are out there.

The metro area of Detroit is also home to cybersecurity, biodefense, and border security industries.

Learn more about Detroit office space.

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