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Michigan

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Industrial vacancy rates are rising, but average rents in Detroit are climbing, too

The industrial vacancy rate across the country jumped to 5.2% at the end of March, according to the latest research from CommercialEdge. But in good…
Dan Rafter April 30, 2024
MichiganOffice

Friedman Real Estate closes sale of 73,323-square-foot office building in Troy

Friedman Real Estate's Jordan Friedman and Robert Gagniuk recently sold the 73,323-square-foot New King Center office building at 5600 New King St. in Troy, Michigan.…
April 26, 2024
MichiganFinance

Grand Rapids’ Old National Bank adds SVP

Grand Rapids, Michigan-based Old National Bank has added Timothy Martin as corporate banking relationship manager and senior vice president for the West Michigan Expansion Market.…
April 25, 2024
MichiganOffice

Insite Commercial closes office lease in Birmingham

Insite Commercial closed a lease of 631 square feet of office space at 988 Adams Road in Birmingham, Michigan. Jennifer Lanfear of Insite Commercial represented…
April 25, 2024
MichiganRetail

Colliers report highlights plenty of good news in Detroit retail sector

The good news from the Colliers Metro Detroit first-quarter retail report? There was plenty, as the retail sector in the Detroit market continues to show…
Dan Rafter April 19, 2024
MichiganFinance

District Capital provides $10 million loan for Oakland County lifestyle center

Justin Hollis with District Capital financed a $10 million loan with a correspondent life insurance lender for a lifestyle center in Oakland County, Michigan.  The…
April 18, 2024
MichiganIndustrial

Friedman Real Estate closes 13,553-square-foot industrial sale in Troy

Friedman Real Estate’s Josh Miller completed the sale of a 13,553-square-foot single-tenant industrial building at 1130 Livernois Road in Troy, Michigan. Friedman represented the purchaser…
April 17, 2024
MichiganIndustrial

Friedman Real Estate closes sale of 12,952-square-foot industrial property in Madison Heights

Friedman Real Estate’s Zach Cummings completed the sale of a 12,952-square-foot industrial building at 1700 E. 14 Mile Road in Madison Heights, Michigan. This sale, structured…
April 17, 2024
MichiganIndustrial

Insite Commercial closes 3,038-square-foot industrial lease in Southfield

Insite Commercial closed a lease of 3,038 square feet of industrial space in the Southfield Research Park at 21602 Melrose Avenue in Southfield, Michigan. Jennifer…
April 16, 2024
MichiganHealthcare

Dominion Real Estate Advisors, Lee & Associates close 11,892-square-foot medical office sale in Flint

James Mitchell, vice president of brokerage at Dominion Real Estate Advsiors, and Michele Rosenblum, vice president of brokerage at Lee & Associates, represented the owner…
April 15, 2024
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