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BLOOMFIELD HILLS, MI-Taubman Centers expands its stake in a Tampa, FL, center and now controls 50.1% of International Plaza. Taubman bought a 23.6% stake from Ivanhoe Cambridge.
WARREN, MI-A Macomb County-based bank says it plans to double its number of branches at the start of 2005. Warren Bank broke ground this week on a new bank branch on 22 Mile Road and Romeo Plank in Macomb Township and on 19 Mile Road and Dequindre in Sterling Heights.
DETROIT-The 69-unit North Pointe complex in East Lansing and 72-unit Country in Plainwell change hands in separate deals, which had the local office of Hendricks & Partners as the common denominator.
STERLING HEIGHTS, MI-The University of Phoenix says it is scouting for a new location on the east side of the metro Detroit area. It now has four Detroit area locations to serve 10,000, with half of the student body working on degrees on line.
TROY, MI-Sears and Kmart have reached an agreement for Sears to purchase up to 54 Kmart stores. Sears will also sublease up to seven Wal-Mart stores, the retailer says.
NOVI, MI-Citizens Bank has opened a second Oakland County hub facility at the Novi Centre at Haggerty Centre II, 28001 Cabot Dr. A stand-alone bank branch will be constructed on a contiguous property at 12 Mile Road and the M5 expressway.
JACKSON, MI-The 15-year-old, 238,127-sf office complex in Jackson cost $18 million to build. The listing price was $7.9 million before Dawn Food Products picked up the property at 333 Sargent Rd. in Leoni Township.
UTICA, MI-A $42-million condominium project is being built by Detroit-area developer Phoenix Land Development on the site of the former Utica Packing Plant. In an unrelated project, the city council is considering a small office building along Hall Road.
AUBURN HILLS, MI-More than 88,000 sf of space is brokered in three deals in the Auburn Hills area, including the lease of 44,000 sf by Borg Warner in a building still under construction.
DETROIT-A dozen investors are interested in a possible casino sale in Detroit, an MGM Mirage spokesman says. MGM Mirage Inc.'s $7.9-billion acquisition of Mandalay Resort Group Inc. means the MGM Casino or MotorCity Casino must be sold.
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