Detroit Industrial Figures Q1 2026

- In the Detroit Industrial market there was 725,000 sq. ft. of positive absorption in Q1 2026, a decline from the 849,000 sq. ft. recorded in Q4 2025. This quarter also represented the fourth consecutive quarter of positive absorption for the Industrial market.

- In Q1 2026, the market had 1.6 million sq. ft. under construction across 6 active projects. The under-construction volume declined 11.1% quarter-over-quarter but was 22.9% higher year-over-year, while deliveries fell 52.7% from Q4 2025 and 57.5% year-over-year.

- After four consecutive quarters of positive absorption the Detroit Industrial market had a Q1 2026 vacancy rate of 3.3%, making it one of the lowest vacancy rates in the country

- At the close of Q1 2026, there was 2.6 million sq. ft. of leasing activity in the Detroit Industrial market. Up 23.0% quarter-over-quarter but down 1.3% year-over-year.