Macomb County Industrial Market Draws Investors
Investment Trends and New Developments Investor interest in Macomb County’s industrial sector is unyielding. The relentless demand for smaller industrial buildings under 100,000 square feet fuels this trend. Investment patterns reveal a robust preference for these properties. They lease quickly despite the broader market softness. Influences from key markets like Miami's industrial expansion suggest that similar investment trends may benefit Macomb County as well. Sales activity often surpasses leasing due to inventory scarcity. New industrial developments have emerged, catalyzed by development incentives. These incentives specifically target automotive suppliers and logistics firms. Build-to-suit projects for specific tenant needs exemplify this trend. These developments are strategically located near key logistics corridors. Areas such as I-75 and I-96 enhance their appeal. An important aspect aligning with this trend is over 100 Tier 1 suppliers for GM, Ford, and Stellantis in...