City of Novi - Office, Ind., Flex Report
Data as of February, 2016 provided by CoStar report

Occupancy

Number of Buildings: 426
Total RBA: 13,608,924 sf
Total Vacant: 876,368 sf  (6.4%)
Occupied : 12,732,556 sf   (93.60%)

total Leased: 68,513 sf

Availability

Total Vacant Available: 845,710 sf  (6.2%)
Total Available: 1,655,727 sf  (11.9%)
Direct Total Available: 1,569,169 sf  (11.2%)
Sublet Available 114,402 sf  ( .80%)

Leasing Activity

Total Net Absorption: 150,398 sf

Direct Triple Rent

Total Retail Avg Rate: $7.14 nnn

Direct Gross Rent

Office Total Avg Rate: $23.17 fs