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Grand Rapids Business Journal Office sector remains in ‘wait-and-see’ limbo. Courtesy Colliers West Michigan Multiple commercial real estate markets in Michigan are showing signs of recovery as activity picks up across the state, according to Colliers West Michigan’s 2021 Q1 market trend reports analyzing trends in West Michigan’s retail, industrial and office sectors. “A new year offered a fresh start for many people, and a light at the end of the pandemic tunnel,” said Jon Potvin, managing director at Colliers West Michigan. “This extended to commercial real estate markets around Michigan, which saw heightened activity beginning in 2021. We are feeling more optimistic about the future and seeing signs that markets are recovering.”

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