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University of Michigan secures 46,000-square-foot industrial lease in Ann Arbor

Institution to occupy manufacturing facility under 10-year agreement with The Bobenal Group
The property, built in 1966, is located at 5500 S. State Road in Ann Arbor. (CoStar)
The property, built in 1966, is located at 5500 S. State Road in Ann Arbor. (CoStar)
By Seth Mullins
CoStar Research
March 16, 2026 | 2:42 P.M.

The University of Michigan signed a 10-year lease for 46,356 square feet of industrial space at 5500 South State Road in Ann Arbor, Michigan. The lease carries a starting rental rate of $10 per square foot, and the university is scheduled to move in April 2026, according to deal information.

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News | University of Michigan secures 46,000-square-foot industrial lease in Ann Arbor