Photo Credit: Third Coast Development
INDUSTRIAL
Proper Beverage Co. NOTABLE PROJECT
Developer: Third Coast Development Status: Expected completion fall 2026 Investment: $80-$90 Million Footprint: 300,000 sq ft Address: 4175 60th St SE, Kentwood, MI
Description: Proper Beverage Co. is investing $80–$90 million to expand into 300,000 square feet of a new 600,000-square-foot industrial building at 4175 60th St SE in Kentwood — five times larger than its current 60,000-square-foot Hudsonville facility. The first phase, a $30 million investment opening this year, will boost annual production from 40 million to 225 million cans, an increase of more than 460%.
Industrial Inventory
125.9 MILLION SQ FT
Industrial inventory averaged 125.25 million sq ft across Greater Grand Rapids in 2025, a 1% increase from 123.84 million sq ft in 2024. In the first quarter of 2026, inventories reached 125.58 million sq ft. Since inventories have climbed steadily, growing by nearly 2.8 million sq ft – or 2.2% - to the present quarter. Q1, 2024, industrial
COVID-19 Q1 2020 - Q3 2023
Trendline
2019 2020 2021
2022 2023 2024 2025
Q1 26
Source: NAI Wisinski of West Michigan
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