Adapting to Change: Office Market Trends in Greater Lansing

Executive Vice President – Eric Rosekrans, CCIM and Senior Vice President | Office Advisor – Thomas Jamieson, SIOR join Michigan Business Beat’s Chris Holman to discuss leasing trends, tenant strategies, and the future of office space.

With office vacancy rates at a 20-year high, landlords and tenants are navigating evolving work models and excess space. In this discussion, the Martin Commercial Properties team explores how businesses are adapting, what types of companies are driving leasing activity, and the trends emerging in office property sales.

Insights from Martin’s Office ’24 Market Insights report highlight shifting tenant demand, steady leasing activity, and declining transaction values as companies opt for smaller footprints and shorter-term leases. While the market remains tenant-friendly, landlords are carefully evaluating deals amid high renovation costs and rising interest rates.

📊 Get the full market report here: martincommercial.com/marketinsights

🎥 Watch the full discussion below!