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Michigan

MichiganCRE

Challenges? Yes. But plenty of optimism, too, at Detroit Suburban State of the Market summit

How strong is the commercial real estate market in Detroit's suburbs? That depends largely on the sector. Industrial and multifamily remain strong, with solid demand…
Dan Rafter April 21, 2023
MichiganRetail

The retail apocalypse? More like the retail evolution

Resilient. Evolved. Those are two ways to describe the retail sector. First the Internet was supposed to kill off brick-and-mortar retail. Then the pandemic was…
Dan Rafter April 21, 2023
MichiganOffice

Friedman Real Estate sells 10,602-square-foot office building in Michigan

Friedman Real Estate recently sold a 10,602-squae-foot office building at 5900 Lorac Drive in Clarkston, Michigan. Friedman's Chris Weir advised the seller in the transaction.…
April 21, 2023
MichiganFinanceMultifamily

Greystone provides $13.8 million refinance loan for 164-unit apartment community in Battle Creek

Greystone, a national commercial real estate finance company, has provided a $13.88 million HUD 223(f) loan to refinance a 164-unit affordable housing property in Battle…
April 20, 2023
MichiganOffice

NAI Wisinski helps GEMS Girls Club secure location in Grand Rapids

Rod Alderink of NAI Wisinski of West Michigan assisted GEMS Girls Club in securing a location at 1847 and 1857 RW Berends in Grand Rapids,…
April 19, 2023
MichiganRetail

Gerdom Realty & Investment brings national cookie franchise to Michigan strip center

Tjader Gerdom and Michael Murphy of Gerdom Realty & Investment represented Crumbl Cookies in the signing of the chain’s new Grandville, Michigan, location. Crumbl will…
April 18, 2023
MichiganIndustrial

Insite Commercial sells 32,401-square-foot industrial building in Troy

Insite Commercial closed the sale of a 32,401-square-foot industrial building in Troy, Michigan. The building is located at 645 Executive Drive in Troy. CME Property,…
April 17, 2023
MichiganRetail

Gerdom Realty & Investment closes 21,430-square-foot lease in former office store in Michigan

The Gerdom Realty & Investment team of Michael Murphy and Bill McLeod represented landlord Shango Properties in the leasing of the 21,430-square-foot former Office Max…
April 13, 2023
IndianaMichiganRetail

Michigan’s Friedman sells 60,000-square-foot retail center

Farmington Hills, Michigan-based Friedman Real Estate recently sold the 60,000-square-foot Plymouth Plaza retail center in Plymouth, Indiana. The new owner plans to repurpose the property…
April 12, 2023
MichiganCRE

Michigan’s Farbman Group adds staff accountant, executive assistant

Southfield, Michigan-based Farbman Group, a full-service commercial real estate company, hired Dorothy Diop as a senior staff accountant and Michelle Petrovic as a personal executive…
April 10, 2023
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