Industrial absorption in Detroit doubles amount of two previous quarters
The Detroit industrial market is showing no signs of a slowdown, according to the latest research from CBRE.
Detroit
CBRE helps bring new coworking space to downtown Detroit
CBRE recently represented BASCO in a 22,000-square-foot-lease to Venture X, a co-working provider, at 220 W. Congress in Detroit.
Newmark Knight Frank: Office market still motoring in Detroit
The office vacancy rate in the Detroit metropolitan area keeps falling, with Newmark Knight Frank reporting that this figure dropped 30 basis points in the…
Cushman & Wakefield expands portfolio solutions team
Cushman & Wakefield has hired Chad Galayda, an experienced commercial real estate executive, to join its growing Portfolio Solutions team in the company’s Detroit office.
Friedman, city of Detroit strike deal in SOMA district
With the assistance of Friedman Real Estate, the City of Detroit signed a long-term lease, taking 98,615 square feet of space at the two existing…
What amenities are landlords adding to local offices? How much do they spend?
It's common knowledge: The landlords of office buildings are investing in amenities as a way to attract and retain tenants. This often means renovating older…
Metro Commercial Real Estate brokers 10 new locations for The Edge Fitness Clubs
Metro Commercial Real Estate has brokered ten new locations for The EDGE Fitness Clubs in the Chicago, Detroit, St. Louis and Philadelphia markets. The leasing…
Hilton Garden Inn coming to downtown Flint
A new Hilton Garden Inn will soon be opening in downtown Flint, Michigan. The hotel is occupying the former Genesee County Savings Bank building at…
CBRE closes seniors housing sale in Detroit area
CBRE recently represented JS Capital in the sale of The James, a 104-bed independent senior living facility at 22111 Woodward Ave. in Ferndale, Michigan.
CBRE report: Coworking space grabbing bigger share of office market
The amount of flexible office space – sometimes known as coworking office space – continues to grow both across the nation and in key Midwest…