Michigan

The Boulder Group closes sale of Walgreens property in Rochester Hills

The Boulder Group completed the sale of a single-tenant net-leased Walgreens property at 2985 Crooks Road in Rochester Hills, Michigan, for $3,825,000. The 14,820-square-foot Walgreens…

Industrial specialist with Lee & Associates of Michigan earns SIOR designation

Lee & Associates of Michigan announced that Nick Savoy, Senior Industrial Associate, earned the prestigious Society of Industrial and Office Realtors (SIOR) designation. The SIOR…

Lower vacancy rates provide hope for Detroit’s office market

Leasing activity in the Detroit office market didn’t plummet in the first quarter of the year. But it didn’t surge, either, according to the latest…

Colliers adds brokers to West Michigan team

Colliers added Owen Biergans and Jacob Ramont as brokers in West Michigan, where they will support the brokerage platform across a range of client service…

Foster Financial Company acquires 365,000-square-foot office complex in Sothfield

Foster Financial Company, Inc. closed on its acquisition of The Century office complex at 25800 and 25900 Northwestern Highway in Southfield, Michigan, further expanding its…

District Capital closes $10.8 million loan for office building in Troy

Mike Lemon with District Capital closed a $10.8 million loan on a 115,000-square-foot vacant office building in Troy, Michigan. District Capital closed this loan with…

Bernard Financial Group provides $2.5 million loan for Belleville multifamily property

Bernard Financial Group arranged a $2.5 million permanent life insurance company loan for a 120-unit multifamily property in Belleville, Michigan. The borrower is Belleville Pointe…

Marcus & Millichap negotiates sale of Comfort Suites property in Auburn Hills

Marcus & Millichap closed the sale of a 63-room Comfort Suites hotel property in Auburn Hills, Michigan. Michael Klar and Ebrahim Valliani, investment specialists in Marcus…

Southfield’s REDICO makes promotion, new hire

REDICO, a national real estate development and investment firm headquartered in Southfield, Michigan, promoted Samantha Eckhout to Managing Director of Investments and hired Matthew Winsryg…

Commercial Real Estate Hall of Fame: Friedman’s Tracy Brown

During her more than 20-year career with Friedman Real Estate, Tracy Brown has been a driving force behind the company’s growth and evolution in multifamily…

Michigan

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