Total Market (Office & Flex) Vacancy Rate is 15.3% for 2025

Brought to You by Swisher CommercialEnclosed is Swisher Commercial’s 33rd annual survey of vacancy rates for office and flex space in the Ann Arbor area for year-end 2025. We surveyed 287 buildings of 5,000 square feet or larger, totaling over 10.8 million square feet of space. Our report includes a breakdown of vacancy rates by sub- market and charts the vacancy trends over the last 33 years. This year’s numbers reflect the effects of national and local economic forces that influence commercial real