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Family Office Briefing on research byLee & Associates·Oct 27, 2023

2023 Q3 Detroit - Industrial

Detroit industrial market sees 3.7% vacancy in Q3 2023 — family offices should consider co-GP opportunities with local operators.

IndustrialDetroitMichigan2023

Key Metrics

MetricValue
Vacancy Rate3.7%
12 Mo. Net Absorption SF7,734,333SF
Avg NNN Asking Rate PSF8.40$

Metrics extracted from the source report and independently fact-checked. Method →

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