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Soaring Apartment Construction in Grand Rapids, Michigan, Stems From Strong Employment
Aerial of the 202-unit Bond Apts. under construction at 601 Bond Ave. in Grand Rapids, MI A wave of new apartment building that was missing in the past decade has been met with equally strong demand in Grand Rapids, Michigan, home to one of the highest...

Lineage Logistics Gets $700 Million Infusion, Reflecting Investor Interest in Refrigerated Warehouses
Image credit: Lineage Logistics LLC. As the investment market for cold storage space is reaching new peaks, a duo of private capital funds is investing $700 million into Lineage Logistics, the country's second-largest owner and operator of refrigerated...

May Mobility Signs 10,000-SF Office Lease in Detroit
The 28,800-square-foot office building at 600 Woodbridge St. in Detroit May Mobility, an autonomous self-driving shuttle development company, signed a 10,000-square-foot lease at TSG Properties’ office building in Detroit. The Class B, three-story...

Globe Midwest Adjusters International Signs 14,000-SF Lease Near Detroit
The 260,000-square-foot office building at 400 Galleria Officentre in Southfield, MICredit: Friedman Integrated Real Estate Solutions Globe Midwest Adjusters International, a provider of public adjusting and disaster recovery consulting services, signed...

Sears Adds Another 10 Unprofitable Stores to September Closing List; Tally Now Stands at 78
The 100-store closing process for Sears and Kmart stores is moving into full throttle as parent company Sears Holdings announced late last week that 10 more would join the list of stores to be shuttered by September. As of now, 78 stores have been...

Tata Technologies Signs 22,000-SF Office Lease in Detroit
The 130,470-square-foot Cass Cadillac office building at 6001 Cass Ave. in Detroit Tata Technologies, a company that provides services in engineering and design, product lifecycle management, manufacturing, product development and IT service management...

Toledo’s Industrial Market Making Waves
Aerial of the 740,000-square-foot Campbell’s Soup distribution center in Findlay, OH. The project is slated to deliver by the beginning of the third quarter of 2018. With Toledo’s location near the Michigan state line, multiple interstates and port...

Griffin-American Healthcare REIT IV Adds Franklin Pointe Center to Growing Portfolio
The 85,000-square-foot Franklin Pointe Center at 26400 W. 12 Mile Rd. in Southfield, MI Griffin-American Healthcare REIT IV, a joint venture co-sponsored by American Healthcare Investors and Griffin Capital Corp., purchased an 85,000-square-foot medical...

Amazon to Open Fourth Fulfillment Center in Michigan
Continuing to expand its operations even as it considers the finalists for its new co-headquarters complex dubbed HQ2, announced it will expand its footprint in Michigan. The Seattle-based e-commerce giant revealed plans to open an 850,000...

Updated: Ford Buys Abandoned Michigan Central Station in Detroit
The abandoned Michigan Central Station at 2001 W. 15th St. in Detroit Ford Motor Co. announced its purchase of the Michigan Central Station, an abandoned 504,585-square-foot former intercity passenger rail depot in Detroit’s Corktown district, from...

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