Detroit Industrial MarketBeat Q1 2026
The Detroit industrial market experienced rising vacancy and negative absorption in Q1 2026, with the vacancy rate reaching 4.1%—the highest since 2015—while net absorption totaled negative 829,000 square feet driven by slower leasing activity and increased move-outs. Overall net asking rents increased 2.1% year-over-year to $7.40 per square foot, the highest rate since Q4 2023, though new leasing activity surged 57.8% year-over-year to 2.3 million square feet, signaling potential future demand recovery.
Published by Cushman & Wakefield. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Cushman & Wakefield
- Obtained from
- Unknown: source not established
- Published
- Mar 31, 2026
- Last updated
- Jun 28, 2026 (1 month ago)
Global Real Estate Intelligence records where every item came from and when we last refreshed it. Where a field reads Unknown we could not establish it, and we do not guess.