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Family Office Briefing on research bySavills·Aug 2, 2023

Detroit 2023 Q2 Industrial Market Report

Detroit industrial vacancy rate declined to 3.8% in Q2 2023 — family offices should consider co-GP opportunities with strong operators.

IndustrialDetroitMichigan2023

Key Metrics

MetricValue
Vacancy Rate3.8%
Asking Rental Rate6.86$/sf
Net Absorption2.3msf

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

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