Retail leasing continues near historical levels in Grand Rapids, Michigan

Heading into the final months of 2024, the amount of retail leasing in Grand Rapids, Michigan, is closely aligned with historical activity through the end of the third quarter over the past few years, indicating continued resilience in this sector. As we approach October, approximately 524,511 square feet of retail space was leased in 2024, while at this time last year, the leasing total had reached 567,099 square feet. However, it's important to note that the third-quarter number for this year could shift higher as CoStar researchers continue to collect leasing data.