Wednesday, June 10, 2026
Family Office Briefing on research bySavills·Oct 30, 2024

Detroit Q3 2024 Industrial Market Report

Detroit industrial vacancy increased to 4.7% in Q3 2024 — family offices should consider co-GP opportunities amid market adjustments.

IndustrialDetroitMichiganQ3 2024

Key Metrics

MetricValue
Vacancy Rate4.7%
Asking Rental Rate6.76$/sf
Net Absorption-0.6msf
Under Construction2.6msf
Deliveries1.4msf

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

Building a thesis around Detroit? Share it confidentially with the Thesis Exchange — we pair you anonymously with family offices running adjacent industrial strategies.

Peer Network · By Invitation

The Thesis Exchange

Share an investment thesis in confidence. We pair you anonymously with up to two other family offices running adjacent strategies. Reviewed by Gallium's editorial team. No vendor pitch.