CRE V Michigan

Western Michigan CRE Summit: Good news, and attendees, in abundance

A big crowd fills the JW Marriott in Grand Rapids. And why not? The Western Michigan Commercial Real Estate Summit featured the biggest CRE names in the region. A big crowd fills the JW Marriott in Grand Rapids. And why not? The Western Michigan Commercial Real Estate Summit featured the biggest CRE names in the region.
Speakers filling the Apartment Market Update and Forecast panel had plenty of good news to share, with the multifamily market in Grand Rapids and Western Michigan thriving. Speaking on this panel were David Ferszt, DTN Management Company; Scott Nurski, NAI Wisinski; Jason Krug, Berkadia; Matt Jones, moderator, Colliers; Cassie Titof, CBRE; and Bobby Nicolls. Speakers filling the Apartment Market Update and Forecast panel had plenty of good news to share, with the multifamily market in Grand Rapids and Western Michigan thriving. Speaking on this panel were David Ferszt, DTN Management Company; Scott Nurski, NAI Wisinski; Jason Krug, Berkadia; Matt Jones, moderator, Colliers; Cassie Titof, CBRE; and Bobby Nicolls.
The CRE future of Grand Rapids? It's bright, according to the panelists on the Western Michigan Market Update panel. Speaking were Shari Veldman, moderator, Commercial Alliance of Realtors; Christopher Prins, Colliers; Chris Prins, NAI Wisinski; Chip Hurley, Signature Associates; and Katie Roskam, Varnum LLP. The CRE future of Grand Rapids? It's bright, according to the panelists on the Western Michigan Market Update panel. Speaking were Shari Veldman, moderator, Commercial Alliance of Realtors; Christopher Prins, Colliers; Chris Prins, NAI Wisinski; Chip Hurley, Signature Associates; and Katie Roskam, Varnum LLP.
Developers are busy today in both the downtown and suburban markets of Western Michigan. And according to the speakers on the Downtown and Suburban Developments panel, you shouldn't expect this activity to slow anytime soon. Speaking on this panel were Kurt Hassberger, Rockford Construction; Jeff Olsen, Olsen Loeks Development; Don Shoemaker, Franklin Partners; Sam Cummings, CWD Real Estate Investments; and Jessica Webster-Huizen, moderator, Chemical Bank. Developers are busy today in both the downtown and suburban markets of Western Michigan. And according to the speakers on the Downtown and Suburban Developments panel, you shouldn't expect this activity to slow anytime soon. Speaking on this panel were Kurt Hassberger, Rockford Construction; Jeff Olsen, Olsen Loeks Development; Don Shoemaker, Franklin Partners; Sam Cummings, CWD Real Estate Investments; and Jessica Webster-Huizen, moderator, Chemical Bank.

The commercial real estate market is strong in Grand Rapids and the Western Michigan region, with the multifamily, indusrial and office markets all seeing a jump in deals and new construction. Even the retail market, which is struggling across so much of the country, is showing positive signs in Grand Rapids and its surrounding communities. Retailers willing to offer shoppers something new, and something they can’t find online, are doing solid business.

That was the good news reported during Midwest Real Estate News’ and REjournals.com’s Western Michigan Commercial Real Estate Summit held May 29 at the JW Marriott Grand Rapids. More than 130 CRE pros from Western Michigan attended the event to hear from the local commercial industry’s biggest names.

And the best news? These pros said that the commercial hot streak that Western Michigan is now enjoying isn’t about to slow. There are positive signs in each of the commercial sectors, and the rest of 2019 and 2020 look strong.