CoStar Insight

Brian Fineran

Director of Market Analytics

<div class="RichTextArticleBody"><div class="RichTextArticleBody-body"><p>Industrial investment in Detroit has fallen to its lowest level in a decade to start 2024, while market participants still hope for some degree of certainty regarding the trajectory of interest rates this year.</p></div></div>

United States

Analytics

Investing Activity Declines to Decadelong Low 

Detroit Industrial Sales Volume Endures Chilly Start to the Year

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CoStar has introduced a new market-based programme recognising the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organisation in commercial real estate. The selected top deals and the real estate firms and individual agents involved in each transaction will be singled out for recognition each quarter. For the purpose of recognising the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

CoStar has introduced a new market-based program recognizing the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organization in commercial real estate. The selected top deals and the real estate firms and individual brokers involved in each transaction will be singled out for recognition each quarter. For the purpose of recognizing the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

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Detroit Industrial Sales Volume Endures Chilly Start to the Year

Investing Activity Declines to Decadelong Low

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