(To read more on the industrial market, click here.)
(Natalie Keith is a contributing writer to GlobeSt.com.)
DETROIT-With the continued restructuring of the automobile industry, the industrial market is still experiencing fluctuations. Although leasing activity has slowed overall, some tenants are taking advantage of soft conditions to lease or buy property, according to first quarter 2006 industrial market reports.
"We saw a number of large deals during the quarter, but the activity is still up and down," John DeGroot, Grubb & Ellis research services manager in Detroit, tells GlobeSt.com. "This will likely remain for the next several quarters."
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