Colliers report shows that demand remains strong in this resilient sector ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Colliers report highlights plenty of good news in Detroit retail sector
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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 growth.
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With consumer spending up and savings down, workers turn to part-time employment and second jobs for relief
Many economic reports in March came in stronger than expected, justifying the Fed’s current stance of being patient in making the decision to lower interest rates. Despite the downward trend in inflation readings since June 2022, the “last mile” in getting inflation down to the Fed’s 2% target is proving to be more…
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VTS survey: More than 80% of office landlords seeing an increase in lease renewals
A slow recovery in the office sector? It’s better than no recovery at all. That’s the takeaway from VTS’ fifth annual Global Landlord Report released in early April.
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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.
Friedman represented the seller in the transaction.
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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.
Martin will be based in Kalamazoo, Michigan, and is responsible for expanding the bank’s corporate lending portfolio and services throughout the West Michigan footprint.
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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 in the transaction.
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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 client was seeking a low-interest-rate loan with no property or loan covenants and no escrow or reserves.
The rate was locked…
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