Industrial Build-to-Suit
4444 52nd Street SE
- Address
- 4444 52nd Street SE, Kentwood, MI 49512
- Project type
- Industrial redevelopment / build-to-suit
- Square footage
- 307,000 sf
- Year completed
- 2022
- Status
- Completed
- Tenant
- SnackCraft LLC
4444 52nd Street SE is an approximately 307,000-square-foot industrial building on a 22-acre site in Kentwood, Michigan — originally about 122,000 square feet, expanded with a roughly 180,000-square-foot addition. Third Coast Development acquired the property in late 2021 for $5.25 million and invested another $2.7 million in renovations to reposition it as modern industrial space, anchored by a long-term lease with SnackCraft LLC.
SnackCraft, a European-rooted snack co-packer and contract manufacturer, selected 4444 52nd Street SE as its U.S. headquarters, opening the location in January 2023 with two production lines distributing products across North America. SnackCraft’s initial $41.75 million capital investment was followed by a $29.9 million expansion in 2024, supported in part by a $400,000 Michigan Business Development Program grant. The company has committed to creating a significant amount of jobs in West Michigan.
To accommodate continued growth, SnackCraft added production lines inside the existing footprint, and Third Coast built a roughly 180,000-square-foot addition on the same 22-acre site, bringing the building to approximately 307,000 square feet.
Third Coast Development led acquisition, due diligence, repositioning, tenant negotiations, and the structuring of the public-private incentive package that made the U.S. expansion viable. The firm retains ownership of the property and continues to work alongside SnackCraft on the site’s next phase of growth.
Incentives & financing
- Michigan Business Development Program grant ($400K, 2024 expansion)
- Plant Rehabilitation and Industrial Development Districts Act (PA198)
- Industrial Development District (IDD)
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