JLL has added Robert Mihelich to its Detroit retail team as senior vice president. Mihelich brings more than 30 years of experience in commercial real estate, specifically in the sale, leasing and development of retail and commercial properties, including mixed-use and medical sites.
Mihelich previously worked as a vice pesident at both Trammel Crow Company and more recently CBRE, where he assisted multiple national and regional tenants across Michigan. His clients range from drug store chains, urgent care, medical users, corporate cellular stores, big box and mid-box tenants. Additionally, he has handled numerous dispositions and land acquisition assignments for his clients.
As the Detroit area continues its rebound, the retail market has grown stronger. Year to date, the market has seen 43 sales of retail properties over 20,000 square feet and 163 leases executed over 2,000 square feet. The Woodward Avenue retail corridor has seen new life in recent years and on the development front, there are many significant projects in the pipeline.
