Overview Detroit Industrial
Heading toward the final days of 2022, Detroit hasn't
experienced the surge in logistics leasing and
construction comparable to what's occurring in the Inland
Empire or Dallas. Still, market conditions continue to
work in Motor City landlords' favor. Detroit's industrial
leasing is just below the all-time high, which was set in
21Q3, and the ... Read More
13
Jun2023
07
Apr2023
Overview
Heading into the spring, Detroit area industrial fundamentals may prove to be more resilient than other regions nationwide. Over the past few years, other metropolitan areas nationwide, notably led by the Sunbelt and Southwest, underwent a sizable surge of logistics leasing and construction. The Detroit area, which also experienced an ... Read More
26
Oct2022
While Detroit’s surge in logistics leasing and construction hasn’t reached the heights of the Inland Empire or Dallas, market conditions continue to favor landlords. With a vacancy rate of 4.6% and leasing just below the all-time high, which was set a year ago, the industrial market continues to grow steadily. ... Read More
27
Jul2022
While Detroit’s surge in logistics leasing and construction might not compare to what’s happening in the Inland Empire or Dallas, it’s nothing to sneeze at. With a market vacancy rate of 4.5% and leasing just below the all-time high, which was set in Q3 2021, conditions continue to look favorable ... Read More
20
Nov2020
The third quarter of 2020 has been relatively stable for the Detroit industrial market. Despite enduring the coronavirus pandemic, year-over-year net absorption was over 1.5 million SF in Q3, and the vacancy trend has remained flat. This is likely because industrial facilities that supply to essential businesses were allowed to ... Read More