Following a jolt of move-out activity early in 2025, the Grand Rapids industrial market has continued to see move-outs outpace move-ins, pacing the year for the weakest annual demand reading since the onset of the pandemic.
Grand Rapids’ industrial market is heading towards its first year of negative space demand since 2019
A decelerating economy is expected to pressure space markets in the near term
By Mateusz Wnek
CoStar AnalyticsSeptember 9, 2025 | 3:57 P.M.
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