Detroit

A bit of momentum returning to Detroit office market? Colliers and CBRE research suggests it is

Positive absorption returned to the Detroit office market in the third quarter of 2024. And that's undeniably good news for commercial real estate professionals working…

McIntosh Poris Architects named firm of the year by American Institute of Architects, Michigan

McIntosh Poris Architects (MPA) was recently named the 2024 Firm of the Year by the American Institute of Architects, Michigan. With the Firm of the…

More than 175 CRE pros gather to take in the expertise of industry experts during fifth annual Detroit Apartment & Multifamily Summit

The multifamily sector has long been one of the top-performing commercial real estate sectors. Today, though? This sector is facing a slowdown, with investment sales…

While other sectors struggle, single-family rental demand keeps growing, especially in the Midwest

As the average price of single-family homes in the United States continues to rise, more consumers are choosing the rental route. But they're not just…

Mid-America Real Estate Corporation brokers sale of Detroit-area retail center

Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Waterside Marketplace, a regional retail center serving Detroit’s northeast suburbs around Chesterfield Township,…

Lee & Associates adds 27-year veteran to Michigan team

Lee & Associates added Randall Allman to its southeast Michigan team. Allman is a commercial real estate professional with more than 27 years of experience.…

Leasing slowdown not waning in Detroit industrial sector

The third quarter continued the leasing slowdown that the Detroit-area industrial market has seen for the last two years, according to the most recent research…

A cut in interest rates? It’s boosted optimism in the industrial sector across the Midwest

A dash of optimism. That’s what industrial brokers and developers say that the Federal Reserve Board’s September interest-rate cut brought to their commercial sector.

Midwest real estate market update: Navigating a sluggish year with glimpses of optimism

The real estate market in the Midwest has experienced a year marked by economic uncertainty, a restrictive lending environment, and lower transaction volumes. Assessing the…

A bright future? It’s on the horizon for Detroit’s industrial sector

How resilient has the Detroit-area industrial market been? Its fundamentals are strong enough to allow it to weather the challenges that come with high interest…

Detroit

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