4444 52nd Street SE — Industrial project in Kentwood, MI

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)

Gallery

4444 52nd Street SE — view 1

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