Walker Ridge Commerce Park

Broke ground in September 2021 on 222,000 SF Spec Industrial in Walker, Michigan.

Challenge:

  • Currently there is extremely low vacancy in the Grand Rapids/West Michigan Industrial Real Estate Market. Tenants have zero options for move in ready, modern, 75,000 SF+ facilities. Several tenants desire to expand their operation into a larger more modern footprint, but simply can’t find the space or wait the 12-14 months for a build to suit. Speculative space is nearly impossible to finance without a master lease incentive or financing offset

Solution:

  • Great Lakes Capital is proposing to build a 222,000 SF modern, $12,600,000+ crossed docked speculative warehouse facility to capture the unmet demand of industrial users in the greater Grand Rapids area with a goal of signing a lease(s) for the entire building within six months of breaking ground

 

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Martin Huttenlocker Headshot

Martin Huttenlocker

Development Manager

Leveraging 17 years of relationships and extensive background in the commercial real estate industry, Martin provides direct strategic and analytical support as part of the Great Lakes Capital development team. Since joining the firm in 2017 he has performed a hybrid role in asset management and brokerage services within the GLC portfolio. Martin earned a BA in Political Science from the University of Missouri/Columbia and an MBA from Roosevelt University in Chicago