Detroit retail sector ends 2024 by showing its reslience
Vacancies are up slightly but so are rents. That's the takeaway from Marcus & Millichap's fourth-quarter Detroit metropolitan retail report.
Retail
CBRE negotiates sale of 189,334-square-foot shopping center in Webster
CBRE brokered the sale of Baybrook Passage, a 189,334-square-foot shopping center at 19425 Gulf Freeway in Webster, Texas. Mark Witcher, Jolie Duhon, Chris Cozby, Jim…
Clear Height Properties, MLG Capital sell 290,573-square-foot industrial building in Columbus
A joint venture partnership between Oak Brook-Illinois-based real estate investor Clear Height Properties and Brookfield, Wisconsin-based MLG Capital have sold a 290,573-square-foot industrial building at…
The Boulder Group closes sale of single-tenant P.F. Chang’s in Lombard
The Boulder Group completed the sale of a single tenant P.F. Chang’s at 2361 Fountain Square Drive in Lombard, Illinois, for more than $4.78 million.…
Landmark Properties acquires Galleria Mall site in Ann Arbor; plans 241-unit student housing community
Landmark Properties closed on the acquisition of a 0.58-acre site in Ann Arbor, Michigan, which is currently home to the Galleria Mall. The firm plans…
Matthews Real Estate Investment Services brokers sale of Flower Mound car wash
Matthews Real Estate Investment Services™ facilitated the sale of Marvel Carwash & Dogwash at 1551 Justin Road in Flower Mound, Texas. Matthews™ First Vice President…
Dierbergs purchases 7-acre site at Market at Olive retail project in University City
The development team behind the Market at Olive retail project, spanning both sides of Olive Boulevard between I-170 and McKnight/Woodson Roads in University City, Missouri,…
Cooper Commercial Investment Group brokers sale of 132,429-square-foot shopping center in LaFayette
The Cooper Commercial Investment Group closed the sale of Market Square Shopping Center in LaFayette, Indiana, a 132,429-square-foot center anchored by Dollar General, the State…
JLL Capital Markets adds retail investment specialist in Chicago office
JLL Capital Markets announced today that Brian Page will join the firm as a Director in its retail investment sales team in Chicago. Page's appointment bolsters…
Gerdom Realty & Investment helps close sale of former Kmart in Cheboygan
The Gerdom Realty & Investment team of Michael Murphy and Joel Karboske represented the seller in the sale of the former Kmart on East State…