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MONROE, MI-A state tax credit will help pay for the redevelopment of a neighborhood grocery store in Monroe. A Pontiac project that will add retail space and multifamily loft units will also receive assistance.
SOUTHFIELD, MI-Verizon Wireless opens a $25-million switching center in an undisclosed technology park suburban Detroit. Security upgrades include a 10,000-gallon diesel tank and a generator that can run for up to 100 hours at a time.
PORT HURON, MI-The automotive supplier leases a 58,000-sf industrial site in Port Huron Industrial Park after considering a move to Ohio. The company will take over a building at 2630 Dove Rd. formerly occupied by the Donaldson Co.
STERLING HEIGHTS, MI-Smaller tenants and users buy and lease space in three separate deals arranged by Grubb & Ellis Co. brokers. That includes the sale of a 4,847-sf building in Warren, as well as a 7,623-sf lease in Shelby and 5,810-sf lease in Sterling Heights.
FARMINGTON HILLS, MI-Agree Realty reports a 99% occupancy rate at the end of the second quarter, with only 1% of its 3.5-million-sf portfolio coming up for renewal this year.
BLOOMFIELD HILLS, MI-Taubman Centers tenants had sales of $833 million in the second quarter, which on a per sf basis is up 8.3% for the quarter and 10.4% for the first six months of the year.
DEARBORN, MI-The International Council of Shopping Centers' meeting at the Hyatt Regency Dearborn Aug. 12 will include a review of the redevelopment status of several malls and big box locations around the state.
DETROIT-The city council approves plans for a 35-acre, 100-store The Shops at Gateway Park along Eight Mile Road, the largest such development in the city's 300-plus-year history, as well as the largest such urban "lifestyle" center in the US.
BINGHAM FARMS, MI-Malan Realty Investors, Inc. sells Kmart property at 2801 Calumet Ave. in Valparaiso, IN for $1.8 million. The REIT owns a portfolio of 19 properties totaling 1.2 million sf.
LANSING, MI-Twelve Michigan communities are competing for financing to support downtown redevelopment efforts. Charlotte, Fremont, Highland Park, Houghton, Howard City, Imlay City, Ionia, Linden, Menominee, Milan, Saline and Wayland are in the hunt.
From 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 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