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2021 Q3 Industrial Market Trends

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Typically, the start of Q3 is a little slower than other times of year in the industrial sector. That was not the case this year. Activity in the industrial sector stayed consistent throughout the summer and into the fall with constant demand for space, requests for site searches, requests for property valuations and considerations of owners and landlords to sell or lease. There has not been a slow period in the industrial sector this year. Space is limited and in high demand leading to strong activity, but supply chain issues persist across all industries due to COVID-19. Businesses, industries and markets continued to acclimate with a shortage of supplies as well as qualified workers to fill positions. 

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2021 Q3 Industrial Market Trends

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Steve Poole

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I have been working in the commercial real estate industry since 1996. During this time, I have successfully completed hundreds of commercial real estate transactions for various property types and sizes. 

Throughout my career, I have consistently been a top producer, representing clients on national, regional and local levels to fulfill their commercial real estate portfolio requirements. My experience includes transactions across several sectors including industrial, office, retail, land and other unique property types.

I proudly represent Colliers and utilize their research, insights and resources to provide top-tier commercial real estate services throughout Northern Michigan, working out of the Traverse City office.

My specialties include landlord and owner representation, corporate real estate representation, real estate portfolio planning, tenant and buyer representation, investment sales, sale leasebacks and land sales. 

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