Michigan

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,…

Friedman Real Estate leases 28,000 square feet of retail space in Flint

Friedman Real Estate's Alan Stern has leased 28,000 square feet of retail space at Pirate’s Plaza retail center at 4067-4086 Miller Road in Flint, Michigan.…

District Capital closes $9.54 million bridge loan for Michigan self-storage facility

Michael Lemon with District Capital closed a $9.545 million bridge loan with a correspondent life insurance company. The loan is being utilized by the borrower…

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…

Farbman Group celebrates opening of 40,000-square-foot headquarters in Farmington Hills

Farbman Group announced the grand opening of its new 40,000-square-foot shared headquarters for the broader Farbman family-owned enterprises at 31700 Middlebelt Road in Farmington Hills,…

The Detroit region’s $17 million weapon for proactive industrial site preparation

The Detroit Regional Partnership has raised over $17 million to support site owners with the industrial site readiness program, the Verified Industrial Properties Program.

Marcus & Millichap brokers sale of 317-unit self-storage property in Grand Rapids

Marcus & Millichap closed the sale of Space Squared Self Storage, a 317-unit self-storage property in Grand Rapids, Michigan. Jonathan Fawley, Nathan Coe, Gabriel Coe…

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…

Michigan

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