Wednesday, June 10, 2026
Family Office Briefing on research bySavills·May 8, 2024

Detroit Q1 2024 Industrial Market Report

Detroit industrial market shows signs of slowdown with rising vacancy to 4.3% in Q1 2024 — family offices should consider co-GP opportunities with disciplined operators.

IndustrialDetroitMichiganQ1 2024

Key Metrics

MetricValue
Vacancy Rate4.3%
Asking Rental Rate6.68$/sf
Net Absorption0.2msf

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

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