CBRE names EVP in Detroit office
Ed Wujek has been promoted to executive vice president in the Detroit office of CBRE. Wujek has been part of the CBRE team since 2005,…
Michigan
Associated Bank wraps financing for 1.026-million-square-foot industrial facility in Michigan
Associated Bank completed the financing for InSite Real Estate LLC for the land acquisition and construction of an industrial facility on a 263-acre site in…
Friedman helps Detroit-area advertising firm find new home
Doner, longtime icon of the Detroit advertising landscape, is moving its headquarters to a modern space designed for today’s new, hybrid working model. In the…
Gerdom Realty closes lease for Portugese restaurant in Michigan
The Gerdom Realty & Investment team of Michael Murphy and Tjader Gerdom represented the landlord Beztak Properties in leasing 2,000 square feet at The Boardwalk…
NAI Mid-Michigan has busy end of the year
NAI Mid-Michigan continued to see a busy 2020. The CRE firm announced several deals late in the year. NAI Mid-Michigan closed the lease renewal of…
Berkadia provides $64 million in financing for multifamily properties in Grand Rapids
Berkadia financed two garden-style multifamily properties totaling 990 units in Grand Rapids, Michigan. Managing director Andy Ahlers of Berkadia’s San Francisco office secured both refinance…
Michigan’s Farbman Group named one of Best and Brightest Companies to Work For
Southfield, Michigan-based Farbman Group was named one of the 2020 Best and Brightest Companies to Work For in the Nation. “Farbman Group is a product…
Discover Kalamazoo adds president and CEO
Jane Ghosh has joined Discover Kalamazoo, the destination marketing organization for Kalamazoo, Michigan, as president and chief executive officer. A long-time Kalamazoo area resident, Ghosh…
NAI Wisinski, Prime Commercial Group help bring new Jersey Mike’s location to Michigan
Jersey Mike’s Subs signed a lease for a 1,675-square-foot space at 1664 E. Sternberg Road in Muskegon, Michigan. Jersey Mike’s offers a variety of hot…
The pandemic impact: Apartment rents falling in big cities, staying strong in smaller Midwest markets
Apartment rents are falling across the country. Or are they? That depends, with a new report from Yardi Matrix showing that monthly rents are declining…