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2021 Q2 Holland Market Trends

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Holland
The Holland market saw a slight return to normal this year as the Tulip Time festival reappeared and tourism led to an influx of business for retailers and restaurants. While the Holland market is recovering from COVID-19 slowdowns, some issues that existed before the pandemic are continuing, including a lack of supply and a shortage of workers. As a result, vacancy is low and while downtown Holland is at capacity for retailers, businesses are struggling to find workers during the busy summer months on the Lakeshore. While issues persist, Q2 remained busy, and some new projects were announced. 

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2021 Q2 Holland Market Trends

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Matt Wickstra

Associate Vice President

Holland

I have been involved in commercial real estate for over 15 years working both as a real estate broker and for a commercial general contractor, and previously served as an owner’s representative on many development projects, ranging in size from $250,000 to projects exceeding $10,000,000 in value. Because of this, I have gained expertise in many aspects of a commercial real estate transaction from financial evaluation, environmental concerns & incentives, legal and entitlement processes and general project due diligence matters. 

My background and emphasis is in finance, and excels in finding creative solutions to find, create and maximize real estate opportunities.

 

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