Forest Hills, MI Industrial Properties for Lease
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Forest Hills, MI Industrial properties Lease Rates & Market Statistics
Explore 47 Industrial properties for lease in Forest Hills, MI on Realmo, a commercial real estate exchange covering the Forest Hills area. The current inventory totals 2,028,904 square feet of properties — an average of ~43,150 SF per listing.
Asking lease rates for Industrial properties in Forest Hills start at $3.81 SF/Yr, average $9.36 SF/Yr, and reach $20 SF/Yr at the top of the market. That's a 5x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $9.36 SF/Yr is 14% below the Michigan state average of $10.91 SF/Yr.
Forest Hills accounts for 59% of the 79 industrial properties currently available across Kent County, where nearby markets include Grand Rapids and Kentwood. By space type, the market includes 40 flex space listings, 9 manufacturing properties and 4 distribution centers — distribution centers typically offer the lowest entry point, while flex space commands the highest rates.
