Detroit

Friedman Real Estate negotiates sale of former First Independence bank building in Detroit

Friedman Real Estate’s Andrew Bower, Steve Eisenshtadt and Peter Jankowski completed the sale of the former First Independence Bank building at 100 Michigan Ave. in…

Veteran Detroit-area construction executives launch Invictus Builders

Two longtime Detroit-area construction executives, Matt Evans and Kent Jackson, have partnered to launch Invictus Builders LLC, a new commercial construction management firm in Detroit.…

Cresa acquires Vogel Advisors in Detroit

Cresa acquired Vogel Advisors, a boutique commercial firm in metropolitan Detroit. Its founder, Bill Vogel, Managing Principal, will serve as Detroit co-market leader, partnering with…

Demand for industrial space in Detroit market takes a tumble during first quarter

A slowdown in demand? That's what the Detroit-area industrial market saw in the first quarter of this year, according to the latest research from Savills.

Mid-America Real Estate closes sale of 34,431-square-foot shopping center in Midtown Detroit

Mid-America Real Estate Corporation’s Investment Sales Group brokered the sale of The Ellington Retail, a 34,431-square-foot grocery-anchored shopping center in Detroit’s Midtown neighborhood, together with a leasehold interest in…

Friedman Real Estate closes $9.2 million auction sale of the 600 Tower of Detroit’s Renaissance Center

Friedman Real Estate closed the $9.2 million auction sale of the 600 Tower of the Renaissance Center in Detroit. The 21-story, 334,000-square-foot Class-A office building…

Demand for multifamily? It’s holding strong across the Midwest

Multifamily markets across the Midwest rarely see the soaring monthly rents and surge in new construction activity that Sunbelt and coastal markets often do. And…

Momentum in Motor City multifamily market: Only two U.S. markets seeing apartment rents rising at a faster pace than in Detroit

Detroit apartment rents continue to climb. And in even better news for landlords, this trend is showing no sign of slowing.

Still steady in the Midwest: Yardi Matrix reports that multifamily rents continue to rise in the region

Still steady. That's the best way to describe the U.S. multifamily market, according to the latest research from Yardi Matrix.

The Anchor at Mariners Inn treatment, housing center opens in Detroit

Project development partners Mariners Inn and Cinnaire Solutions celebrated the grand opening March 19 of The Anchor at Mariners Inn, a 65,500-square-foot facility that includes residential…

Detroit

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