Global Net Lease sold a 369,000-square-foot flex building at 3290 Patterson Ave. SE in Grand Rapids, Michigan, for $48.41 million, or $131.20 per square foot, to a New York City-based institutional investor in what ranks as the largest industrial deal in the city's market over the last 12 months.
Grand Rapids, Michigan, flex building fully leased to GE Aerospace sells
Largest industrial deal in the city year to date goes to New York City-based investor
By Alex Collie with
August 3, 2026 | 12:00 P.M.
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IN THIS ARTICLE
- Properties
- Companies
- Global Net Lease
Real Estate
- Contacts
- Robert Bender
Managing Partner, Fortis Net Lease
- Doug Passon
Managing Partner, Fortis Net Lease