Penobscot Building

$25/sqft/yr

645 Griswold St, Detroit, MI 48226

For Lease

Office Building

Active

Last Updated: 03/04/2025

Details:

Building Size: 1,149,710 sqft

Lot Area: 1.07 acres

Class: B

Occupancy: 30%

Year Built: 1928

Floors: 47

Offered by

P.A. Commercial

P.A. Commercial

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Description:

Since its inception in 1928, the world of business has revolved around Detroit’s internationally recognized landmark, the Penobscot Building. Now, this timeless 47-story landmark stands as a proud symbol of Detroit's past, present, and promising future. Strategically positioned in the very center of Detroit’s revitalized business, cultural, sports, and entertainment districts, The Penobscot is perfectly suited to satisfy a diverse range of corporate needs.

Above all, The Penobscot Building represents an extraordinary value for today’s savvy decision-makers. Decorative pavers lead pedestrians to the Building’s imposing four-story entrance archway on Griswold Street. Sweeping bronze and glass revolving doors open to the impressive lobby. The Building’s one-of-a-kind museum-quality decorations have been carefully preserved for nearly a century,

High-speed elevators efficiently transport tenants and their visitors to the office floor of their choice. Traditional or contemporary office suites are available with first-class appointments that represent the latest materials, finishes, lighting and color palettes. Virtually any custom option may be accommodated to satisfy your exact specifications. Traditional and contemporary space is available, from small executive suites to full floors ranging from 13,000 - 30,000 square feet. Multiple contiguous floors may be assembled to provide 400,000 square feet of space.

The Penobscot Building offers unmatched access and identity in Detroit’s premier location. Yet this landmark office address is among the most cost-efficient in the entire metropolitan market.

Located at the corner of Griswold Street and W Fort Street, The Penobscot Building is in an extremely walkable area in Detroit’s Financial District within the CBD.

The building is surrounded by popular fine-dining restaurants including Maru Sushi, London Chop House, Shelby, Apparatus Room, and Dime Store, as well as fast-casual restaurants including Potbelly, Jimmy Johns, Athens Souvlaki, and Carnival Fresh Mex. The building is also approximately 200 feet from Campus Martius Park, which attracts more than two million visitors per year due to its frequent community-focused programming.

The tower is connected to two older, smaller buildings, the 1905 Penobscot Building and the Penobscot Building Annex which comprise the Penobscot Block, allowing tenants, residents, and visitors to easily get from Fort Street to Griswold and vice versa. In addition, the building has quick access to M-10, the Lodge Freeway and the Detroit Windsor Tunnel.