Michigan

Mixed performance in 2023? Yes. But JLL predicts better times on the way for U.S. industrial sector

The industrial sector faced a challenging year in 2023, marked by sluggish growth attributed to various obstacles such as elevated interest rates, inflationary pressure and…

Marcus & Millichap brokers sale of 23,420-square-foot medical office property in Midland

Marcus & Millichap negotiated the sale of Great Lakes Bay Surgery & Endoscopy Center, a 23,420-square-foot multi-tenant medical office property in Midland, Michigan. The asset…

Business operations, labor costs and innovation are leading construction topics

In the face of today’s economic landscape, the construction industry is facing a variety of business issues and challenges. These issues are not uncommon as…

Built Technologies survey: Commercial lenders confident that 2024 will be a better year

A new survey suggests that commercial lenders expect a busier year in 2024, thanks largely to a more stable interest-rate environment.

Farbman Group closes sale of former Sportsmen’s Den in Riverview

Farbman Group closed the sale of 15001 Sibley Road, formerly the Sportsmen’s Den, in Riverview, Michigan. Nanci Tarpley, sales and leasing associate for Farbman Group,…

Coldwell Banker Commercial Woodland-Schmidt closes $6 million sale of manufacturing facility in Jenison

Coldwell Banker Commercial Woodland-Schmidt has completed the $6.11 million sale of a 64,035-square-foot manufacturing facility in the Georgetown Industrial Center at 2206 Pine Ridge Drive…

More than 200 Detroit-area CRE pros flock to Detroit Commercial Real Estate Summit and Awards

Optimism. Success. Those were both on display at Michigan Real Estate Journal's ninth annual Detroit Commercial Real Estate Summit and Awards event held Jan. 31…

Colliers sells 79.24 acres in Auburn Hills

Colliers Detroit closed the sale of 79.24 acres at 4250 Interpark Drive in Auburn Hills, Michigan. Paul Gyarmati, Vice President and Chris Pochas, Associate, represented both…

Friedman Real Estate sells 58,548-square-foot office center in Farmington Hills

Friedman Real Estate's Jordan Friedman and Todd Hawley recently sold the 58,548-square-foot Spectrum Office Centre at 32000 Northwestern Highway in Farmington Hills, Michigan. Friedman represented…

CBRE report: Multifamily developers enjoyed a boom year in 2023. But expect a slowdown in new deliveries this year

How busy were multifamily developers last year? They added more than 416,000 new apartment units to the United States' multifamily supply in 2023, including a…

Michigan

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