Michigan

Cinnaire closes $151 million in committed capital for equity fund

Cinnaire closed the Cinnaire Fund for Housing (Fund 39), a $151 million multi-investor Low-Income Housing Tax Credit fund. The fund will support the creation of 1,464…

Friedman Real Estate closes 12,000-square-foot industrial sale in Harrison Township

Friedman Real Estate’s Ryan Stipp and Zach Cummings completed the sale of a 12,000-square-foot industrial building at 42259 Irwin Drive in Harrison Township, Michigan. SERVPRO…

Pogoda Companies takes over management of self-storage facilities in Ohio and Michigan

Farmington Hills, Michigan-based Pogoda Companies has taken on two new management contracts, one in Trotwood, Ohio, and a second in Battle Creek, Michigan. Trotwood has…

Survey: More than 80% of hotels can’t find enough staffers

Leisure travel is back, and it is boosting the bottom lines of hotels across the country. But this doesn't mean that the hospitality industry doesn't…

Marcus & Millichap closes sale of Starbucks in Royal Oak

Marcus & Millichap brokered the sale of a single-tenant Starbucks in Royal Oak, Michigan. The asset sold for $2.2 million or $1,208.79 a square foot.…

How is Detroit spending its COVID relief dollars? Mostly to clean up blighted commercial corridors

How is the city of Detroit spending its COVID recovery funds? According to new research from the Federal Reserve Bank of Chicago, Detroit officials are…

Friedman Real Estate closes sale of 35,858-square-foot MOB in Battle Creek

Friedman Real Estate's Andrew Bower recently completed the sale of a 35,858-square-foot medical office building at 2845 SW Capital Ave. in Battle Creek, Michigan. Health…

Amazon’s pullback. Economic uncertainty. Higher interest rates. They’re all causing a slowdown in the industrial sector

Economic uncertainty? It's hit the industrial sector, too, according to the latest research from CommercialEdge.

Insite Commercial closes 8,400-square-foot retail lease in Detroit

Insite Commercial brokered the lease of an 8,400-square-foot retail building at 15725 Grand River in DetroiI. Zak Shepler and Kyle Nelson of Insite Commercial represented…

Friedman Real Estate closes sale of 123,000-square-foot warehouse in Michigan

Friedman Real Estate completed the sale of a 123,596-square-foot manufacturing and warehousing facility on 14.97 acres of land in Leslie, Michigan. The property is located…

Michigan

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