Newmark report: Demand still soaring for bulk warehouse space in Detroit
In little surprise, the latest research from Newmark showed that demand for bulk warehouse space in Detroit remained strong in the third quarter of the…
Michigan
L. Mason Capitani helps molding company buy industrial building in Michigan
Quantum Mold & Engineering has purchased a 36,779-square-foot industrial building at 6300 Sterling Drive North in Sterling Heights, Michigan. Jason Capitani of L. Mason Capitani…
Marcus & Millichap sells Goodwill store in Michigan
Marcus & Millichap closed the sale of Goodwill, a 20,000-square-foot net-leased property in Mt. Pleasant, Michigan. The asset sold for more than $3.4 million. Seth…
Gerdom Realty brings food distributor to Michigan retail center
The shopping center is located near the intersection of 24 Mile Road and Hayes Road. Tazza Mazza Foods is a wholesale and retail distributor of…
NAI Wisinski of West Michigan bolsters property management staff
Grand Rapids, Michigan-based NAI Wisinski of West Michigan has added a property manager and assistant property manager to its team. Matt Hoekzema has joined the…
CBRE brokers sale of UAW-GM Center for Human Resources in Detroit
CBRE recently represented a joint venture between the United Auto Workers and General Motors in the sale of the approximately 420,000-square-foot UAW-GM Center for Human…
Meijer to open small-scale grocery store in Detroit neighborhood
Meijer, the City of Detroit and RDG Rivertown Market, LLC are are developing a new, ground-up grocery retail development at 1475 E. Jefferson Ave. in…
Michigan’s One Family Property off to strong start in 2020
Bloomfield Hills, Michigan-based OFP Real Estate, LLC -- also known as One Family Property -- has acquired about $18 million of net lease real estate…
Cressy Commercial restarts rehab work of mixed-use building in Benton Harbor
Cressy Commercial Real Estate has retarted construction of Benton Harbor Flats in Benton Harbor, Michigan, after a delay resulting from the coronavirus pandemic. The project,…
Friedman Finance closes $585,000 loan for 18,000-square-foot grocery store in Flint
Friedman Finance’s Ryan Denomme arranged a $585,000 loan secured by an 18,000-square-foot single-tenant grocery store in Flint, Michigan. Ryan Denomme, Director of Friedman Finance, originated…