Lee Contracting opens office in former home of Grand Rapids Press
Lee Contracting has opened a new satellite office in the Greater Grand Rapids, Michigan, area. This will be Lee’s first location outside of Pontiac, Michigan,…
Michigan
Oxford Capital Group, Hunter Pasteur start construction on Godfrey Hotel Detroit
Oxford Capital Group and Hunter Pasteur will break ground this week on The Godfrey Hotel Detroit in the city's historic Corktown neighborhood, bringing a 227-room,…
Building up: Tips and best practices for navigating new builds in the face of a challenging construction market
Unique isn’t the word. Unprecedented might be the more appropriate descriptor for the current state of the commercial construction market.
Sperry Commercial adds affiliate brokerage in Detroit market
Irvine, California-based Sperry Commercial Global Affiliates LLC has added Sperry Commercial Global Affiliates – Property Investment Counselors as an affiliate in the Detroit market. The…
JLL Capital Markets provides more than $56 million in financing for 253-unit multifamily development in Ann Arbor
JLL Capital Markets has arranged $17.8 million in joint venture equity and $39.9 million in construction financing for Avant, a new 253-unit multi-housing development in…
Colliers names EVP in Detroit
John Salsberry has joined Colliers as an executive vice president in the firm's Detroit office. Salsberry has been advising occupiers of real estate since 1992.…
Affordable-housing advocate Cinnaire names new VP for Detroit area
Sherita Smith has been appointed Vice President, Community Development at Cinnaire, a non-profit that supports affordable housing initiatives. In this position, Smith will be taking…
Michigan’s Pogoda Companies names senior vice president of operations
Beau Agnello has been named senior vice president of operations at Farmington Hills, Michigan-based Pogoda Companies. Agnello will oversee all operations for Pogoda's self-storage portfolio…
Marcus & Millichap sells 57,334-square-foot strip center in Michigan
Marcus & Millichap closed the sale of Holt Shopping Center, a 57,334-square-foot retail property shadow-anchored by Kroger in Holt, Michigan. The asset sold for $1.5…
Colliers clsoes 12,667-square-foot industrial lease in Detroit market
Ryan Ferris and Anthony Toth with Colliers completed the 10-year, 12,667-square-foot flex building lease at 21455 Melrose Ave. in Southfield, Michigan. Ferris and Toth represented…