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Detroit

IllinoisMichiganMinnesotaTexasOffice

The 50 largest office sales of 2023: How many were in the Midwest?

Last year was a tough one for the U.S. office market. That doesn't mean, though, that the sector didn't see its share of big deals.
Dan Rafter February 29, 2024
IllinoisMichiganMinnesotaTexasOffice

Tough times not lessening for office market — in Detroit or across the country

Tough times? The U.S. office sector is still struggling through them, according to the latest research from CommercialEdge. A key measure of these struggles: The…
Dan Rafter February 22, 2024
MichiganCRE

More than 200 Detroit-area CRE pros flock to Detroit Commercial Real Estate Summit and Awards

Optimism. Success. Those were both on display at Michigan Real Estate Journal's ninth annual Detroit Commercial Real Estate Summit and Awards event held Jan. 31…
Dan Rafter February 9, 2024
IllinoisMichiganMidwestMinnesotaTexasWisconsinMultifamilyOffice

It’s official: The office-to-apartment conversion boom has hit Chicago … and the rest of the Midwest

It's a growing trend as the office market continues to struggle across the country: Developers are turning outdated office space into apartment units. But how…
Dan Rafter February 7, 2024
MichiganCRE

Friedman to manage Wayne County’s 1.2-million-square-foot Criminal Justice Center

Friedman Real Estate has been selected to partner with Wayne County's Facilities Management and Planning division to manage the county's new 1.2-million-square-foot Criminal Justice Center…
February 5, 2024
MichiganRetail

Insite Commercial sells freestanding retail building in Detroit

Insite Commercial closed the sale of a 4,286-square-foot freestanding retail building at 20404 Woodward Ave. in Detroit. Mo Abubars of Insite Commercial represented the seller…
February 1, 2024
MichiganIndustrial

Colliers Detroit closes sale of 66,000-square-foot warehouse and distribution center in Auburn Hills

Colliers Detroit brokered the sale of 66,000 square feet of industrial warehouse and distribution space at 1227 Centre Road in Auburn Hills, Michigan. Joseph Gatliff,…
January 30, 2024
MichiganCRE

Colliers boosts Detroit office with addition of SVP

Colliers has added Dan Morse to its Detroit office.  Appointed Senior Vice President, Morse brings over 22 years of experience in commercial real estate to…
January 23, 2024
IllinoisMichiganMinnesotaOhioTexasMultifamily

Cubicles? They’re out. Bedrooms? They’re in Planned office-to-apartment conversions hit record level

It's no secret that the office sector continues to struggle, with Class-B and -C buildings especially battling soaring vacancy rates. Many of these buildings, though,…
Dan Rafter January 23, 2024
MichiganHospitality

Bernard Financial Group closes $24.3 million loan for Detroit hotel

Bernard Financial Group arranged a $24.3 million CMBS loan for a 110-key hotel in Detroit. The borrower is Metropolitan Building SPE LLC. Dennis Bernard, Joshua…
January 18, 2024
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