Amazon’s new distribution center in Livonia, MI, recently opened.DETROIT—The last few years have been stellar ones for the Detroit region’s industrial market, and robust demand should continue fueling expansion throughout 2018, according to a new report from Newmark Knight Frank. What makes this forecast remarkable is that the automotive industry, the economic backbone of the region, has hit a plateau after a period of staggering growth. But new sources of strength, such as e-commerce, should keep the overall vacancy rate at a historic low, and sustain record-breaking levels of new construction.
