3290 Patterson Ave SE

The GE Aerospace Grand Rapids Facility is strategically positioned in one of the most dynamic growth markets in the Midwest. Centered along the Grand River in West Michigan, the Grand RapidsKentwood–Wyoming metropolitan area has evolved from a traditional manufacturing base into a diverse, innovation-driven economy anchored by advanced manufacturing, healthcare and life sciences, professional services, and education. The property’s location along Patterson Ave SE, just minutes from Gerald R. Ford International Airport and with direct access to I-96, M-6, and key arterials, places it at the heart of the region’s airport employment corridor. This setting offers efficient connectivity to downtown Grand Rapids, surrounding suburban communities, and regional manufacturing and logistics hubs, supporting both GE Aerospace’s local workforce and its broader customer and supplier network. Grand Rapids benefits from a strong and growing labor pool, supported by multiple colleges, universities, and technical schools that produce graduates in engineering, technology, healthcare, and business. Combined with a competitive cost of living and high quality of life, these fundamentals make the metro an attractive long-term base for corporate users and align well with the needs of a missioncritical tenant such as GE AerospaceFortis Net Lease proudly presents the opportunity to acquire a mission-critical engineering and manufacturing facility located at 3290 Patterson Ave SE in Grand Rapids, Michigan. The property is 100% leased to GE Aviation Systems LLC, a division of GE Aerospace (NYSE: GE, formerly GE Aviation), under a long-term net lease with annual rent escalations and limited landlord responsibilities. The approximately 369,000-square-foot facility is situated on ±42.17 acres, less than ten minutes from Gerald R. Ford International Airport, in one of West Michigan’s most dynamic employment corridors. The building houses advanced engineering, testing, and manufacturing functions supporting GE Aerospace’s Navigation & Guidance, Data Management, and Computing & Networking product areas. With a lease extending through December 31, 2035, 2% annual rent increases, and a negotiated program of landlord-funded roof replacement and tenant improvements, the asset offers investors durable, growing income backed by an investment-grade global aerospace leader