Clustering together has economic and

innovative advantages

Detroit

• Detroit is seeking to restore manufacturing capacity and jobs at the I-94 Industrial Park near the junction

of I-94 and I-75 and the American Axle & Manufacturing headquarters. Manufacturers are interested in

the I-94 Industrial Park because of its proximity to highways and existing infrastructure. Companies are

coming to the realization that clustering together has immeasurable economic and innovative

advantages. Lear Corporation is demonstrating that it believes in Detroit, by investing in downtown

offices and doubling down on its investment in Detroit by establishing a new manufacturing plant in the

next two years, thus it is leading by example. Source: JLL Research

Chart of the week: February 2, 2016

$2.65

$2.70

$2.75

$2.80

$2.85

$2.90

$2.95

$3.00

$3.05

$3.10

$3.15

$3.20

0%

5%

10%

15%

20%

25%

2012 2013 2014 2015

Total Available Asking rents

City of Detroit industrial submarket