X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
det-LCC (2) Located at 28101-28201 Schoolcraft Rd. in Livonia, MI, the Livonia Corporate Center, Phase II speculative development has two buildings and 915,000 square feet.

DETROIT—The Metro Detroit industrial market suffered more than most during the Great Recession, but in the past few years it has soared. And 2018 is shaping up to be another great year. New construction starts jumped 30.0% to 5.9 million square feet during the first quarter, according to Newmark Knight Frank. And the addition of so much new space meant vacancy held steady at 5.1%, although tenants absorbed just over 565,000 square feet.

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

More from this author

GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.