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SOUTHFIELD, MI-Schostak Brothers has changed its plans for Laurel Park Place in Livonia and the Macomb Mall in Roseville, worth about $59 million, according to tax records. They are no longer for sale after going on the market a week ago.
GRAND RAPIDS, MI-The 360-unit apartment complex changes hands from Denver-based Aimco to Oak Brook, IL-based JVM Realty Corp. A CB Richard Ellis team of Sean Cunningham and Jack Hannum from the Phoenix office and Detroit broker Joseph Anthony represent the seller.
VAN BUREN TWP., MI–Visteon Corp. has opened its 800,000-sf corporate offices, allowing consolidation of some 13 other sites into one 265-acre site. The village currently has nine buildings and a central building called Village Center that overlooks a 37-acre lake.
BIRCH RUN, MI-An exterior renovation and Michigan's first Pottery Barn Outlet are among several major changes Prime Outlets officials expect by early 2005. A customer service center will accommodate more than 1,000 tour buses visiting the mall each year.
DETROIT-Colliers International sees positive absorption in the Detroit area office market for the first time in years. The vacancy rate decreases slightly to 16.2%, but is expected to remain flat.
DETROIT-A much anticipated, 17,000-sf designer restaurant has opened on top of the Renaissance Center. Some say it is a key to the city's revitalization efforts.
CLINTON TOWNSHIP, MI-Mixed-use development is springing up in one of the township's last undeveloped areas, near the Macomb County Jail, where developers had feared to tread.
DETROIT-Thirteen development and redevelopment projects in the city and suburbs vie for the 2004 Real Estate Excellence Award from the local chapter of Commercial Real Estate Women.
MINNEAPOLIS-SmithGroup opens its ninth architecture office with a location on Marquette Avenue. The firm's Midwest offices include Chicago, Ann Arbor, MI, Detroit and Madison, WI.
LIVONIA, MI-The lease in the Victor Corporate Center highlights recent activity in this Detroit suburb. Sensible Technologies Group also signs a 5,000-sf deal at 13374 Farmington Rd.
From Placer.ai
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Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
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Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource