With the recent sales of Bridgewater Place, Thirty-Eight and 222 Fulton, the current renovations of the Kendall and former Junior Achievement buildings and a proposal for a new office structure near Van Andel Arena, it’s not surprising the Commercial Association of Realtors reported activity has increased in the downtown office market.
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Economic development strides since the mid-1990s have landed Grand Rapids on yet another Forbes list, this one for U.S. cities with “emerging downtowns.”
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Before Robert Grooters revealed his plan to build more than a million square feet of new industrial space this year mdash some of which will be used for storage mdash Stu Kingma told the Business Journal the warehousing segment of the market will need more space soon.
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