With vacancy rates across all commercial real estate sectors at near record lows in West Michigan, industry executives say buyers have increasingly turned their attention to vacant land.

Stakeholders in West Michigan’s commercial real estate, architecture and construction industries are coming off another big year for development and see few signs that indicate a significant slowdown in 2019. 

WALKER — Falk North America Inc. is the latest company to plan a move into WalkerView Industrial Park. 

GRAND RAPIDS — Five distinct areas of Grand Rapids’ southside likely will soon have an Area Specific Plan (ASP) to help guide development. 

GRANDVILLE — A 20-year-old mall in southwestern Kent County could potentially turn into a mixed-use “mini-city,” or be repositioned for a sale.

GRAND RAPIDS — A Grand Rapids nonprofit is beginning efforts to create a land trust that will allow for low-income home ownership in the city’s core neighborhoods.

GRAND RAPIDS — A proposed housing development is seeking approvals from the city and state before moving forward in the Belknap Lookout neighborhood.

GRAND RAPIDS — The non-gaming arm of the Nottawaseppi Huron Band of the Potawatomi has acquired a downtown building for its headquarters as it looks to grow its federal contracting business, MiBiz has learned. 

An East Lansing property management firm closed this week on a deal to buy a 107-unit apartment building just east of downtown.

A New York City investment firm has scooped up two apartment complexes southwest of Grand Rapids in a series of deals totaling more than $215.3 million, MiBiz has learned.

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