Market Insight

By Jill Langosch / 04.09.20 / 3 min read

Over six decades, we’ve assembled the know-how that comes from day-to-day, long-term interactions with individuals and organizations seeking commercial real estate services. We’ve worked with clients just around the corner and around the globe, going wherever we need, to meet our clients’ needs. By living in the markets, and being immersed in the cities we serve, we’ve amassed the institutional knowledge that’s made us into the analysts, forecasters, and advisers you have come to know and trust.

Every step we take within our specialty areas of industrial, office, and retail is informed by data we’ve expertly gathered and analyzed—in particular for our Greater Lansing and Grand Rapids markets. Twice a year, we present the information that helps guide our past, present, and future transactions through easy-to-digest, comprehensive market reports for our clients. Bankers, appraisers, developers, city officials, and economic development teams also receive our Market Index Briefs, as well as anyone interested in the commercial real estate market.

We believe our Market Index Briefs and the data behind them set us apart, and represent the value you receive by working with Martin’s qualified professionals. We consider ourselves your worthy advocate, as we know the lease rates, sales prices and other nuances involved in making solid real estate business decisions. Our team of researchers and experts are continually looking for ways to present the most concise, yet comprehensive data available. And they’ve been doing that for nearly 30 years.

You know your business. We know commercial real estate. We take pride in sharing our knowledge and experience with you: our partners in building business communities.

Thank you for going to work with us as we help shape and strengthen the health and vibrancy of our communities.

What’s in a Martin Commercial Market Index Brief?

Markets at a Glance.

A snapshot of the changes in vacancy rates, completions and absorption for the market as a whole, and by submarkets.

Market News.

A summary of recent developments, legislative activity, and trends affecting commercial real estate.

Market Composition.

A description of the current type, size, and concentration of available space.

Market Statistics.

A breakdown of rentable space, as well as the total vacant space, vacancy rate, net absorption, completions, and asking lease rates for regional submarkets.

Unemployment Rate.

A look at the most recent unemployment rate for the metro area compared to the previous year.

Detailed Discussions.

A narrated analysis of the data related to vacancies, absorption, and asking rental rates in identified areas. This section presents details on specific properties leased, offers, forecasts and trends, and puts information in context to aid client decision making.