Michigan

Standard Communities acquires 124-unit multifamily community in Roseville

 Standard Communities acquired The Meadows, a 124-unit family community in Roseville, a suburb approximately 15 miles northeast of downtown Detroit. The transaction represents Standard’s second investment in Michigan, advancing…

What’s holding back the Detroit retail sector? Sluggish population growth

Detroit's retail market faces a challenge unique to the city: The population is growing too slowly in the Detroit area. That makes life more challenging…

Colliers closes sale of Huntington Tower in downtown Detroit

Colliers closed the sale of Huntington Tower at 2025 Woodward Ave. in downtown Detroit. The transaction reinforces the city’s emerging status as a destination for…

Marcus & Millichap negotiates sale of 91-unit apartment property in Sault Ste. Marie

Marcus & Millichap brokered the sale of Ashmun Creek Apartments, a 91-unit multifamily property in Sault Ste. Marie, Michigan. Dan Bowar, investment specialist in Marcus & Millichap’s Milwaukee office,…

Lockwood Companies celebrates opening of 295-unit seniors housing development in Pittsfield Township

Lockwood Companies announced the official opening of Haverhill on Clark, a 295-unit apartment community at the southwest corner of Clark and Golfside Roads in Pittsfield Township,…

Marcus & Millichap closes sale of 94-room Holiday Inn Express in Sterling Heights

Marcus & Millichap brokered the sale of a 94-room Holiday Inn Express & Suites in Sterling Heights, Michigan. Michael Klar and Ebrahim Valliani, investment specialists in Marcus…

NAI Wisinski closes 8,000-square-foot lease for AutoZone in Buchanan

NAI Wisinski of West Michigan facilitated the lease of an 8,000-square-foot former Rite Aid building at 715 E. Front St. in Buchanan, Michigan, to AutoZone.…

HREC closes sale of 12-property Legacy Hotel Group portfolio

HREC Investment Advisors arranged the sale of the 12-property, 897-key IGO Legacy Hotel Group portfolio, with properties located in Michigan, Minnesota, and Wisconsin. The portfolio…

Marcus & Millichap brokers sale of 12-unit multifamily property in Grand Rapids

Marcus & Millichap closed the sale of Midtown Place, a 12-unit multifamily property in Grand Rapids, Michigan, for $2.65 million. Chris Futo, a multifamily and mobile home investment…

Lee & Associates names president of Michigan operations

Randall Allman has been named President of Lee & Associates of Michigan. In this role, Allman will help lead the firm’s strategic growth initiatives, with a…

Michigan

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