Brought to You by Swisher Commercial

Enclosed 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 estate in Washtenaw County, Michigan.

We hope this report will help you better understand the current market and assist in planning your real estate decisions. Swisher Commercial extends our wishes of good health and prosperity to our community, and we welcome your inquiries and requests for assistance related to your commercial real estate needs.