Lower vacancy rates provide hope for Detroit’s office market
Leasing activity in the Detroit office market didn’t plummet in the first quarter of the year. But it didn’t surge, either, according to the latest…
Detroit
Detroit office investors? They’re looking for stability and long-term upside
Investors didn’t flood the market for office properties during the first quarter of the year in the Detroit market. But the investors who did show…
Friedman Real Estate closes lease at 100 RiverPlace in Detroit
Friedman Real Estate's Andrew Bower facilitated a new lease with F.H. Paschen, a leader in infrastructure construction, for the Talon Center at 100 RiverPlace, Detroit,…
Detroit multifamily sector enjoying a bit of momentum in early 2026
A bit of momentum? That's what rents in Detroit's multifamily sector are seeing, according to the latest research from Yardi Matrix.
What’s holding back the Detroit retail sector? Sluggish population growth
Detroit's retail market faces a challenge unique to the city: The population is growing too slowly in the Detroit area. That makes life more challenging…
Median one-bedroom apartment rents fall more than 13% in Detroit market on year-over-year basis
The average monthly apartment rent for the United States fell again in February, according to the latest rent report from Zumper. But Zumper also said…
Savills adds managing directors to Detroit office
Savills added Michael Bennett, Corporate Managing Director, and Addison Williams, Managing Director, Capital Markets, to its Detroit office. Bennett brings more than 40 years of…
Lack of new inventory should mean steady vacancy rates in Detroit’s office sector
A lack of new speculative development should help keep vacancy rates steady in Detroit's office sector, according to the latest research from Marcus & Millichap.
ULI Michigan honors Peter Cummings with Lifetime Achievement Award
Urban Land Institute Michigan honored real estate developer and philanthropist Peter D. Cummings with its 2026 Lifetime Achievement Award. Cummings will be honored at the…
Marcus & Millichap names regional manager in Detroit office
Marcus & Millichap promoted Gordon Navarre to the role of regional manager of the firm’s Detroit office. Navarre began his career with Marcus & Millichap in 2006…