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Michigan

MichiganOffice

L. Mason Capitani sells 110,000-square-foot office building in Michigan

L. Mason Capitani CORFAC International closed the sale of the Stoneridge II office building at 40950 Woodward Ave. in Bloomfield Hills, Michigan. Mason L. Capitani,…
April 9, 2021
MichiganIndustrial

MAG Capital Partners buys 196,000-square-foot industrial facility in Michigan

In a sale-leaseback-structured transaction, Fort Worth, Texas-based MAG Capital Partners, LLC, led by principals Dax T.S. Mitchell and Andrew Gi, has completed the acquisition of a 196,000-square-foot industrial…
April 8, 2021
MichiganRetail

Gerdom Realty leases up final open space at Michigan retail center

The Gerdom Realty & Investment team of Michael Murphy and Tjader Gerdom represented landlord Beztak Properties in leasing 1,842 square feet at The Shops at…
April 6, 2021
MichiganFinance

District Capital Detroit closes $150 million Fannie Mae credit facility

District Capital Detroit recently closed an eight-property $150 million Fannie Mae credit facility. This facility allowed the borrower to tap into trapped equity using an…
April 6, 2021
MichiganIndustrial

Friedman sells industrial warehouse in Michigan

Friedman Real Estate recently sold the 7,159-square-foot industrial warehouse building previously occupied by Erlich Protection Systems in Farmington Hills, Michigan. Friedman’s Paul Feldman advised both…
April 5, 2021
MichiganIndustrial

Meridan Design Build wrapping work on two spec industrial buildings in Michigan

Work is nearing completion on two speculative multi-tenant industrial buildings that Meridian Design Build is building for NorthPoint Development at Ecorse Commons Industrial Park in…
April 1, 2021
MichiganRetail

Marcus & Millichap sells 6,000-square-foot NAPA store in Michigan

Marcus & Millichap closed the sale of a single-tenant NAPA Auto Parts, a 6,000-square-foot retail property in Clawson, Michigan. The asset sold for $880,000, or…
April 1, 2021
MichiganCRE

A shot in the arm: Vaccine news has CRE pros planning for a comeback, but what does that mean?

President Biden’s recent announcement that the United States is expected to have enough supply to enable every American adult to have access to a vaccine…
Andy Gutman March 31, 2021
MichiganRetail

Gerdom Realty brings Sports Clips to two Michigan locations

Larry Siedell and Tjader Gerdom of Gerdom Realty & Investment represented Sport Clips in the signing of two leases within the past 30 days in…
March 31, 2021
MichiganIndustrial

Colliers closes sale of 222,000 square feet of industrial space in Michigan

Barry Swatsenbarg, executvice vice president; Gary Grochowski, director of agency leasing; and Bryan Banas, associate vice president of Colliers Detroit, closed the sale of 222,965…
March 30, 2021
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