Detroit
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Newmark Knight Frank Expands Detroit Valuation Team
The company appointed Tony Roberts as its newest senior managing director, while Chris Maharg joined the firm as senior vice president.
17 April 2019 08:35 -
sbe, Byzantine Team on Downtown Detroit Mixed-Use
The $72 million project will redevelop a nearly century-old, 190,000-square-foot office building into a 100-key hotel, plus 70 residential units. The property reportedly will be the first hotel in Detroit’s Cass Corridor.
08 April 2019 10:27 -
Detroit Gets in Gear As Tech Drives Auto Sector
Colliers International Senior Vice President Patrich Jett shares his views on the operational needs and real estate considerations of the automotive industry, as well as Detroit’s position in the sector.
02 April 2019 10:30 -
WAFUSA Logistics Relocates, Triples MI Space
Colliers International’s Tim Van Noord brokered the lease, which represents the tenant’s third expansion in Grand Rapids since its 2013 launch.
27 March 2019 20:07 -
Historic Hotel in Downtown Detroit Changes Hands
An LLC led by partners Mario Kiezi and Mike Abdulnoor bought The Royal Palm/Park Avenue Hotel and are planning a full restoration of the asset.
26 March 2019 21:16 -
LSTC Expands Michigan Office Portfolio
The California-based company acquired the second building that makes up Butterfield Park Place from Wilson Real Estate, closing its eleventh acquisition in the state.
14 March 2019 17:22 -
Coyote Logistics to Anchor Detroit Mixed-Use Development
The logistics company is establishing a tech hub on two floors of The Assembly, Bedrock’s redevelopment of a historic warehouse in the city’s Corktown neighborhood.
11 March 2019 13:09 -
SRS Expands New Detroit Office Team
First Vice Presidents Michael Carter and Frank Rogers and Associate Joseph Simon will be part of the company’s National Net Lease Group.
08 March 2019 06:22 -
Oxford Cos. Arranges MI Flex Building Deal
An Oxford-sponsored investment partnership, Grand Venture Associates, previously bought the Brighton building in 2007. At the time of sale, the asset was fully occupied.
01 March 2019 09:02 -
Foster Financial Buys Detroit-Area Office Asset
The seller, Interwest Capital, owned the two buildings located in the Southfield submarket since 2007 and sold them for $5 million.
24 February 2019 17:12 -
Friedman Secures 2 Loans for Suburban Detroit Office Assets
The financing totaled $26.5 million and features a 10-year term as well as prepayment flexibility. Director Ryan Denomme originated the loans.
22 February 2019 22:09 -
Top 4 Things to Know About Detroit’s Office Market
Colliers Executive Vice President John Fricke touches on the challenges, top amenities, market performance and 2019 trends in the Midwestern metro.
05 February 2019 17:12 -
Oxford Cos. Adds 3 New Tenants to Ann Arbor Asset
After leasing 150,000 square feet of office space, the company increased the building's occupancy from 38 to 96 percent.
04 February 2019 16:20 -
Viking Partners Sells Metro Detroit Power Center
Cooper Commercial Investment Group negotiated the transaction of Chesterfield Village. Tenants at the 156,000-square-foot retail asset in Macomb County, Mich., include Target, Panera Bread and Applebee’s.
03 January 2019 12:47 -
Flaherty & Collins to Develop $170M Michigan Project
The City of Warren and General Motors are the other partners involved in delivering Warren Town Center. Construction is scheduled to start before the end of 2019.
28 December 2018 16:18