Ready to sell?

Looking to sell your commercial building? Retire from your role as landlord? Property inventory is tight – so your timing is right!

With a tight property inventory and investors on-the-move, Swisher Commercial can provide your property the visibility and connection to buyers. Our brokers have buyers ready to jump at the opportunity that your property provides. Swisher Commercial provides clients with timely information, expert opinions and focused direction to enable intelligent decision-making and make deals happen.

We offer these services with 25 years of experience analyzing vacancy in the Ann Arbor area and 50 years of business in Washtenaw County.

For more information on how these services can benefit your business, please call our office at (734)663-0501 to speak with a broker.

Click Here to view property listing services.

The ABC’s of Leasing

Considering leasing new office space or moving from an existing office suite?

If so, here are five points to consider when asking a broker to help you find a new business location:

  1. Give yourself enough time – It is to your advantage to start your search not less than 3 months prior to your desired occupancy date or from your current lease expiration date. A search starting more than 6 months prior to needing the space or your move date is only necessary if your specifications are unusual or difficult to satisfy.  Keep in mind that though you might identify a satisfactory office location in a matter of weeks, but you need to provide between 1-3 weeks to negotiate and execute a lease.  After lease execution a landlord might need 30 to 90 days to renovate a suite for your occupancy.
  2. Location – Do you want your office located on the busiest corridor or in a quiet office park? What side of town? Near a freeway interchange?  If you are considering downtown Ann Arbor, will you be able to secure parking spaces? Where do your employees live?  Do you need easy access for your customers/clients?
  3. Understand your specifications – Be prepared to tell your broker how many square feet (within 20%) that you think you will need. It will help if you can describe your preferred office layout, ie. how many enclosed offices, conference room sizes, how many cubicle type offices, reception area, copy/fax room size.   Some guidelines assign a multiplier of 200-300 sf per employee in the office, but of course the multiplier depends a lot on office/cubicle sizes.
  4. Special requests – Let your broker know if there are unusual specifications that you are hoping to find with your new office. Technology requirements, certain number of offices or window lines, first floor versus upper floors, or street signage requirements will help the broker to concentrate only on buildings that offer space matching your specifications.
  5. Economic priorities – In most cases the economic factors are a matter of give and take – if you want low rent you might have to live with more spartan suite finishes – but if you can sign a long-term lease, you might get that class A location.  If you want a landlord to make an upfront investment for your leasehold improvements then be prepared to show the landlord your financial statements, provide a landlord reference and/or authorize a credit check.

The better you understand your company’s needs, the better you are able to equip your broker to find the optimal office location. If you are considering a new location, call a broker at Swisher Commercial. We are eager to help, 734-663-0501.

2018 Year-End Vacancy Report Now Available

Just like every year, we’ve been working on something special to help you stay ahead of the curve. The Annual Vacancy Report brought to you by our brokers is the only report of its kind in the Ann Arbor area. Our brokers compile years of data and survey over 12 million square feet of office and flex space, to bring you an easy-to-consume report.

Receive Your Report

Microbrewery in Dexter Plans to Open Late Summer

“During the city council meeting on Jan. 28, Michelle Aniol, Dexter’s community development manager, told the council that Erratic Ale Co. has leased space at 8080 Grand Street, for a microbrewery, tasting room and outdoor seating area.”

Erratic Ale Co’s owner Brian Schroeder is interviewed by the Sun Times News: “Dexter has the right feel for us,” he said of him and his family. “We love it here.”

To read the whole article, click here.

Swisher Commercial’s Jeff Evans brokered the lease on this property. To see more space available at 8080 Grand, Dexter, please click here.

2018 YE Vacancy Report Now Available!

Total Office & Flex Market Vacancy Rate is 6.4% for 2018 – Ann Arbor, Michigan

Swisher Commercial has released its 26th annual survey of vacancy rates for office and flex space in the Ann Arbor area for year-end 2018. We are pleased to provide this important Ann Arbor market information to the business community.

To read the full report, please visit https://swishercommercial.com/vacancy-report/ to download.

Swisher Commercial agents can speak to the trends and market analysis that will inform and benefit the Washtenaw County community and their future business and real estate decisions. Swisher’s full report will be exclusively available to the community via our website, but below you will find the meat of our 2018 numbers organized according to property type and area.

  • Swisher Commercial personally surveyed 302 buildings of 5,000 square feet or larger, totaling over 12 million square feet
  • Flex vacancy rates have increased from 4.6% to 5.6% in the past year
  • Office vacancy rate decreased from 8.1% to 6.6% in the past year
  • The Downtown Office Area (DOA) vacancy nearly doubled, increasing from 3.6% to 6.8%
  • The North Office Area (NOA) vacancy rate decreased from 1.6% to 1.4%
  • The East Office Area (EOA) vacancy rate increased from 9.7% to 10.0%
  • The Clark-Golfside Medical Area (CGMA) Office Area vacancy rate experienced a considerable drop for the second year decreasing from 3.5% to 1.3%
  • The South Office Area (SOA) had a striking decrease in vacancy rate from 14.2% to 9.7%
  • The South Flex Area (SFA) increased from 4.2% to 5.3%
  • The West Flex Area (WFA) vacancy rate increased from 6.2% to 6.8% this year

 

If you have further questions regarding analysis of this information, please call our agents (http://www.swishercommercial.com/agents).

Dexter Recognized for Support of Entrepreneurial Growth

“The City of Dexter has been recognized for its successes and efforts in contributing to Michigan’s entrepreneurial growth and economic development in the annual eCities study conducted by researchers at iLabs, University of Michigan-Dearborn’s Center for Innovation Research.”

Read More at WELOVEDEXTER.com

Find a Dexter location for your business – Search Properties