- Vacancy in Detroit's office market increased slightly in the past two quarters but conditions remain stable, with current vacancy rates of 15.7% in urban areas and 22.3% in suburbs.
- Automakers made headlines again in Q3 as Cadillac announced moving back to Detroit after four years in New York, while multiple office buildings hit the market for sale downtown.
- Rent growth continued across the metro area despite a bump in vacancy, as large available spaces in the suburbs may be backfilled by year's end.