Michigan

Cushman & Wakefield: Muted demand, sluggish construction mark the end of industrial’s busy 2023

It's still one of the darlings of today's commercial real estate market. But as 2023 drew to a close, the U.S. industrial market sputtered slightly.

Friedman Real Estate closes 5,365-square-foot medical office lease in Southfield

Friedman Real Estate’s Robert Moon recently completed a new lease for 5,365 square feet of medical office space at 2711 Lahser Road in Southfield, Michigan. Friedman represented…

Friedman Real Estate closes sale of 42,996-square-foot business center in Taylor

Friedman Real Estate’s Greg Hornby recently completed the sale of the 42,996-square-foot Horizon Business Center East in Taylor, Michigan. The office building is located at…

U.S. office sector doldrums continued into end of 2023

The U.S. office sector ended 2023 in much the same way it started the year: Vacancy rates were up and asking rents were down.

One type of office space that isn’t seeing soaring vacancy rates? High-rises

While demand for office space has been sluggish since the start of the COVID-19 pandemic, there is one office sector that is still seeing lower…

Cinnaire closes funds totaling $193 million

Cinnaire has announced the closing of two Low-Income Housing Tax Credit funds totaling $193 million. These multi-investor funds – Cinnaire Fund for Housing (Fund 40)…

Reshoring, higher interest rates and a slowdown in deal activity: These all defined 2023’s industrial sector

A surge in U.S. manufacturing. High interest rates that choked off deal activity. A clog in the development pipeline. These were all key trends in…

Friedman Real Estate and Blue Cross Blue Shield extend lease at key Detroit office building

Friedman Real Estate and Blue Cross Blue Shield of Michigan executed a long-term lease in the iconic 500 River East Tower that is mutually beneficial…

Dominion completes five-year lease transaction in Michigan office park

Eric Banks and James Mitchell with Dominion completed a five-year 2,583-square-foot lease transaction at 30100 Telegraph Road in Bingham Farms, Michigan. The tenant, Musculoskeletal Medicine…

Top 10 Features and Amenities Renters in the Midwest Prioritize

Renters everywhere are looking for more balance in their lives and in their homes. And renters in the Midwest are no exception, according to findings…

Michigan

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