Grand River Growth Plan -All Gibbs for City Jan 2 2026 - Flipbook - Page 76
Farmington Office Submarket
Figure 15: This chart shows the availability of office space in Farmington Hills. Available space includes office space that may be
leased but also available for sublease. Note that we are past peak with all availability rates in Farmington Hills trending down.
Lastly, 4-5 Star buildings may be higher quality or have modern amenities compared to 3 Star office buildings. It stands to reason 45 Star office buildings are more in demand and reflect lower availability rates.
The Farmington Submarket remains one of the most sought-after business addresses in Metro Detroit,
especially for technological companies. While the office market in Metro Detroit is diminishing,
Farmington Hills will continue to be an attractive market for employers and corporations.
Regarding the south Grand River area, we do not see Fortune 500 or major employers and corporations
choosing Grand River for their office space needs. If an employer opts to locate in Farmington Hills, the
12 Mile Road and Northwestern Highway corridors will remain the top choices.
However, because of the dominance of Corewell Health on Grand River, demand for medical space in the
Grand River corridor will remain strong and it is highly likely the corridor will see growth in medical
office space. With the high income and education levels of Farmington Hills, the study area is an
attractive alternative.
Real estate developers in Metro Detroit, including Farmington Hills, remain hesitant to invest in
speculative office projects due to lingering uncertainty about long-term office demand and shifting
workplace trends. Many businesses continue to embrace hybrid or remote work models, reducing the
need for large footprints and making it more challenging for developers to justify new, speculative
builds. However, Grand River Avenue’s central location and the Corwell Health center may be an
exception and attract new commercial investment.
Grand River Corridor Office Market Analysis
Gibbs Planning Group
July 2, 2025
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