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The industrial sector in West Michigan has been the quickest in the real estate market to bounce back from the pandemic, nearly returning to where it was pre-COVID-19.
After a day filled with showing commercial space to a potential client, Bryan Bench felt like his professional life had briefly returned to what it was before the disruption that came with the global COVID-19 pandemic.
Here is the MiBiz Growth Report for May 27, 2020.
While we’ve all been anticipating what the “new normal” might look like post COVID-19, many commercial real estate investors in West Michigan are optimistic about opportunities ahead. In the short-term, the focus will be on assisting existing tenants; however, wise investors can look forward to new real estate opportunities in a market that remains well positioned for long-term success.
CASCADE TOWNSHIP — Supply chain management and warehouse supply company JetCo Federal Supply is expanding with a new space in the Grand Rapids area.
Contractors are capping off another busy year for developments across West Michigan. From the largest mixed-use project in downtown Grand Rapids history, to new modern buildings in historic areas, these are five notable projects from around the region on the radar for MiBiz this year. Here’s a closer look at them.
Construction and development professionals in West Michigan remain optimistic as they look toward 2020, even though the upcoming presidential election and ongoing talent issues are causing headwinds. While some markets might slightly change next year, industry experts who spoke with MiBiz during a recent executive roundtable said they are interested to see how downtown Grand Rapids developments will spark additional new projects. Many also noted that collaboration and partnerships are becoming key to the industry’s success.
ADA — After observing the revitalization of the Ada Village Business District, outdoor retailer Bill & Paul’s Sporthaus is expanding in the suburban community with a new 3,669-square-foot store.
MiBiz Growth Report for Oct. 26, 2019.