Page 3 - 2019 Colliers Forecast Book
P. 3

GRAND RAPIDS MULTI-FAMILY


                                                                   Limited product seemed to be the main theme in 2018,
                                                                   leading to increased competition with deals that were...


                                                                  16

               GRAND RAPIDS
                        OFFICE         9



             As the national economy
             has continued a slow but
             steady recovery over the
                   last eight years...






                                                                  MARKET 19
                                                                  HOLLAND




                                                                  Over recent years,
                                                                  Holland has continued
                                                                  to transform through its
                                                                  thriving automotive and
                                                                  furniture industries and
                                                                  new...


                                                                                              22

                                       GRAND RAPIDS
                                       RETAIL

                                                                                               LANSING
                                       The retail landscape has
                                       recently been stigmatized                               MARKET
                                       by big-box store closures
                                       and the increased                                       The Lansing economy
                            6                                                                  rebounded nicely in 2018
                                       popularity...
                                                                                               after about 18 months ...





           GRAND RAPIDS                             13                                        24
           INDUSTRIAL
                                                                         KALAMAZOO
                                                                              MARKET
           The manufacturing sector
           of the West Michigan
           region has been a                                             Major development
           driver that has kept                                           projects have been
           unemployment low...                                      actively progressing these
                                                                       last couple of years...
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