City of Novi - Retail, Office, Ind., Flex  (Combined TOTAL)
Data as of February, 2016 provided by CoStar report

Occupancy

Number of Buildings: 656
Total RBA: 19,998,755 sf
Total Vacant: 1,027,205 sf   (5.10%)
Occupied : 18,961,550 sf   (94.90%)

total Leased: 152,798 sf

Availability

Total Vacant Available: 990,821 sf   (5.0%)
Total Available: 2,098,383 sf   (10.3%)
Direct Total Available: 1,835,825 sf  (9.0%)
Sublet Available 290,402 sf   (1.4%)

Leasing Activity

Total Net Absorption: 151,316 sf

Direct Triple Rent

Total Retail Avg Rate: $8.04 nnn