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Michigan

Wealthy & Sheldon Apartments ready to open their doors in Grand Rapids

Tenants will soon be moving into new apartments on the southern edge of Grand Rapids, Michigan, with the opening of the Wealthy & Sheldon Apartments.…
June 27, 2024

Good news from Altus Group survey? CRE pros indicating that they are ready to buy and sell real estate again

In good news for the commercial real estate market, 80% of U.S.-based CRE professionals said in a recent survey that they expect to buy or…
Dan Rafter June 14, 2024

Marcus & Millichap closes sale of 48,364-square-foot retail property in Auburn Hills

Marcus & Millichap brokered the sale of Shops at the Crossings, a 48,364-square-foot retail property in Auburn Hills, Michigan. The asset sold for $8.95 million.…
June 11, 2024

District Capital closes $7 million loan for 140-bed student-housing property at Detroit university

Michael Lemon with District Capital placed a $7million loan on a 140-bed student housing property at Wayne State University in Detroit.  The loan was closed…
June 10, 2024

Gerdom Realty helps close sale of 12,000-square-foot commercial building in Dearborn Heights

The Gerdom Realty & Investment team of Jack Melton and Michael Murphy represented the seller of the 12,000-square-foot freestanding building on Van Born Road in…
June 3, 2024

New report: Industrial rents still rising in Detroit, but at a slower pace

The average rent for industrial space in Detroit did increase in April. But that increase was a small one.
Dan Rafter May 31, 2024

Michigan’s Insite Commercial adds sales associate

Lev Levin has recently joined Commerce, Michigan's Insite Commercial as a Sales Associate.  Levin previously attended the St. Petersburg Medical School in Russia where he…
May 31, 2024

Pogoda Companies inks new management contracts for self-storage facilities in Detroit, Dayton

Michigan-based Pogoda Companies signed two new management contracts in Detroit, Michigan, and Dayton, Ohio. National Storage-New Center has 19,200 square feet of climate-controlled space in…
May 30, 2024

Top manufacturing markets? Dallas and Chicago take the top two slots

Dallas and Chicago led the way in a new report highlighting the nation's top-20 metropolitan areas for manufacturing.
Dan Rafter May 29, 2024

Gerdom Realty & Investment helps bring insurance firm to Michigan retail center

The Gerdom Realty & Investment team of Jack Melton and Michael Murphy represented the landlord in leasing the 1,100-square-foot space at Redford Plaza at the…
May 28, 2024
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