Equipped with 32+ years of market knowledge, Friedman’s research team has just released our 2019 Q4 Metro Detroit Market Reports.
Metro Detroit Office Market
Continuing its post-recession positive trajectory: vacancy and availability rates declined, net absorption was positive, and rental rates increased.
Metro Detroit Retail Market
Amid the myriad of store closings, this market registered a robust, yet cautious year in 2019 with signs of slowing growth.
Metro Detroit Industrial Market
2019 was another red-hot year for industrial. After sinking to historic lows post-recession, vacancy and availability rates have remained extremely tight, pushing rental rates even higher.
Metro Detroit Multifamily Market
Apartment fundamentals in Metro Detroit remained healthy in 2019 with continued growth in effective rents and stable occupancies.
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