Detroit retail sector ends 2024 by showing its reslience
Vacancies are up slightly but so are rents. That's the takeaway from Marcus & Millichap's fourth-quarter Detroit metropolitan retail report.
Michigan
Michigan’s Farbman Group adds three team members
Farmington Hills, Michigan-based Farbman Group added three new team members to its enterprise. Christopher Debs joins as senior property manager, Ken Williams joins as an…
The office construction pipeline? It remains clogged
It's not a surprise, but developers have significantly reduced the amount of office space they are building this year.
Gerdom Realty & Investment helps close sale of former Kmart in Cheboygan
The Gerdom Realty & Investment team of Michael Murphy and Joel Karboske represented the seller in the sale of the former Kmart on East State…
Lee & Associates adds industry vet to southeast Michigan team
Lee & Associates added Steve Poole to its southeast Michigan team. He will be based in the company's Southfield, Michigan, office. With more than 28…
Michigan’s historic Dearborn Inn set to reopen after major renovation project
The historic Dearborn Inn in Dearborn, Michigan, designed by Henry Ford and Albert Kahn has undergone a massive renovation and is set to open in…
Michigan’s Farbman Group earns Best and Brightest Companies to Work For award
Farbman Group, a Farmington Hills, Michigan-based commercial real estate firm, received The National Association for Business Resources’ Best and Brightest Companies to Work For In…
DWG Capital Partners buys 84,612-square-foot manufacturing property in Hudson
DWG Capital Partners, in partnership with MAG Capital Partners, purchased an 84,612-square-foot manufacturing property located at 4111 Munson Highway in Hudson, Michigan. A 20-year sale leaseback with several…
Red Oak Capital Holdings provides $14.5 million in financing to 272,300-square-foot shopping center in West Bloomfield
Red Oak Capital Holdings, LLC provided $14.5 million in financing for Gateway Center, a 272,300-square-foot regional shopping center in West Bloomfield, Michigan. The loan was…
Michigan’s Friedman Real Estate adds multifamily veteran to staff
Farmington Hills, Michigan-based Friedman Real Estate announced the return of Amy Young, an experienced multifamily operations executive with over 30 years of experience. Young brings…