Multifamily V Michigan Colliers predicts: Strong apartment market in Grand Rapids next year A low unemployment rate and a surge in new jobs has meant good news for multifamily owners and investors in the suburbs of Grand Rapids, Michigan. According to the latest research from Colliers International, the region’s strong economy has led to higher monthly rents and lower vacancies.
Retail V Michigan Gerdom Realty sells former Dunkin' Donuts in Michigan The former 2,822-square-foot Dunkin’ Donuts building on Groesbeck Highway in Clinton Township, Michigan, just north of 15 Mile Road, has been sold to a Captain D’s restaurant franchisee.
CRE V Michigan Berkadia closes sale of self-storage facility in Michigan Berkadia announces it has arranged financing on behalf of Crystal View Capital, a private investment firm based in Las Vegas, Nevada, for its acquisition of two self-storage facilities, including one in Michigan.
Retail V Michigan NAI Wisinski closes big retail lease in downtown Grand Rapids Todd Leinberger, Mary Anne Wisinski-Rosely and Jason Makowski of NAI Wisinski of West Michigan, along with Lars Anderson of NorthStar Commercial, recently facilitated one of the largest retail leases in downtown Grand Rapids. PF Michigan Group has leased a 24,797-square-foot space at 234 Market St. in Grand Rapids.
CRE V Michigan Detroit's District Capital adds financial analyst Detroit’s District Capital has added Jonathan Deutsch as financial analyst.
Legal V Michigan Commercial Real Estate Hall of Fame: Miller Canfield's Hodess Each week, REjournals.com highlights the career of one of its most recent inductees in the Midwest Real Estate News Commercial Real Estate Hall of Fame. Today, we look at the thriving career of Ronald Hodess, real estate group leader with the Detroit office of law firm Miller, Canfield, Paddock and Stone PLC.
CRE V Michigan Schostak Brothers wins top workplace honor from Detroit Free Press Livonia, Michigan-based Schostak Brothers & Company has been awarded Top Workplaces 2019 recognition by The Detroit Free Press. The honor is based on employee feedback gathered through a survey that measured several dynamics of workplace culture through an independent third party.
Industrial V Michigan Broker for Lee & Associates Michigan earns CCIM designation Nick Savoy of Lee & Associates of Michigan recently received the Certified Commercial Investment Member (CCIM) designation from CCIM Institute. The designation was awarded during the organization’s global conference in San Diego on Oct. 11 through 16.
Office V Michigan Detroit office of Colliers adds associate vice president Colliers International Detroit has added Marshall O’Keefe as an associate vice president.
CRE V Michigan Elia Group bringing new life to long-vacant building in downtown Detroit Developers and investors are pouring new money into downtown Detroit. And in good news for the city, this momentum doesn’t appear ready to slow anytime soon.
Retail V Michigan Berkadia closes $23 million in financing for retail center in Michigan Berkadia provided $23.25 million in financing for The Shops at Stony Creek, a retail strip center in Shelby Township, Michigan.
CRE V Michigan Savills expands Detroit presence Savills has appointed Cameron MacKellar as managing director, specializing in project management. MacKellar’s arrival further expands the firm’s capabilities and expertise in its newly launched downtown Detroit office.
CRE V Michigan Commercial Real Estate Hall of Fame: Oxford Companies' Jeff Hauptman Each week, Midwest Real Estate News highlights the careers of the most recent inductees to our Midwest Commercial Real Estate Hall of Fame. This week, we look at the career of Jeff Hauptman, chief executive officer with Ann Arbor, Michigan-based Oxford Companies.
Retail V Michigan NAI Wisinski closes $2.2 million shopping center sale in Michigan Cameron Timmer and Russ Bono of NAI Wisinski of West Michigan have sold the Village at Wexford shopping center in Cadillac, Michigan, for $2.275 million.
Finance V Michigan Walker & Dunlop closes $48 million loan for castle-themed apartments Walker & Dunlop provided a $48.3 million bridge loan for The Grand Castle Apartments, a newly developed Class-A multifamily complex located in Grandville, Michigan, a suburb of Grand Rapids. Developed by Roger Lucas, a principal of Land & Co., The Grand Castle Apartments comprises 522 units and is modeled after the famed Neuschwanstein Castle in southern Germany.
Multifamily V Michigan Grand Rapids apartment complex adds 308 solar panels St. James Apartments and Townhomes, an affordable supportive housing development in Grand Rapids, Michigan, completed the installation of 308 solar panels capable of generating 125,000 kilowatt hours per year, Genesis Non-Profit Housing Corporation and Colliers International|West Michigan announced.
CRE V Michigan Colliers International|West Michigan hires director of operations Kathryn Teklinski has joined Grand Rapids, Michigan-based Colliers International|West Michigan as its director of operations.
Finance V Michigan Bernard Financial closes $60 million loan for Michigan industrial property Bernard Financial Group has arranged a $60 million life company loan for a 1.952 million-square-foot industrial property in Brownstown Township, Michigan.
Office V Michigan Pooch power: On-site doggie daycare can help companies keep workers Office workers log long hours these days. What if their favorite pooch is left at home all day alone? That could be stressful, for both workers and their pets.
Retail V Michigan NAI Wisinski marketing retail and service center in Grand Rapids NAI Wisinski of West Michigan is leasing space at Bretwood Center, a retail and service center at 4450-4548 Breton Road SE at the intersection of 44th Street and Breton Road in Grand Rapids, Michigan.