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09/07/2018
Friedman Real Estate Taps Landa for Multifamily Deals
Friedman Real Estate has tapped Tony Landa to serve as a director of acquisitions where he will be responsible for sourcing, underwriting and closing multifamily real estate transactions and help develop new fee-managed business. Landa most recently...

08/28/2018
Atlanta-Based Firm Pays $16.7M for Grandville Marketplace
The 224,479-square-foot Grandville Marketplace shopping center in Grandville, Michigan. RCG Ventures (RCG), a privately funded investment firm based in Atlanta, purchased a 224,479-square-foot shopping center in Grandville, Michigan, from DDR Corp...

08/24/2018
Kaftan Begins $4M Renovation of 544-Unit Multifamily Complex Near Detroit
The 544-unit Gables of Troy apartment complex in Troy, Michigan. Kaftan Communities, a local full-service investment firm, began a $4 million renovation project at Gables of Troy, a 544-unit apartment complex in Troy, Michigan. The garden-style...

08/24/2018
United Way Moves Branch to Historic Fisher Bldg. in Detroit
The 634,819-square-foot Fisher Bldg. in Detroit. United Way, a nonprofit organization headquartered in Alexandria, Virginia, signed a 36,500-square-foot lease at the historic Fisher Bldg. office tower in Detroit. The company will move its branch from...

08/23/2018
Office Construction in Detroit Takes Off
Aerial of the 124,000-square-foot Hino Trucks and Hino Motors Manufacturing Headquarters in the Central I-96 corridor submarket in Novi, Michigan. Construction in Detroit’s office sector continues to take off at a pace that is not typical of the metro...

08/21/2018
Detroit’s Retail Scene is Taking Off
Renaissance Center in Detroit. Most everyone downtown is familiar with Detroit’s pronounced apartment and office scene. However, the lesser-prioritized retail sector is solidifying itself quite nicely, and could become the next big focus, according...

08/16/2018
7 Shuttered Bon-Ton Stores Going on Auction Block in September
An Elder-Beerman located within Colony Square Mall in Zanesville, a suburb of Columbus, Ohio.Seven department stores in six states that fell under the now-defunct Bon-Ton Stores flag are being put on the auction block as the parent of some of the most...

08/16/2018
Fully Leased Retail Center Near Detroit Sells for $6.1M
The 36,600-square-foot Canton Townplace retail building at 43473 Ford Road in Canton, Michigan. A private local investor purchased a 36,600-square-foot retail building in Canton, Michigan from a joint venture between Janko Group and ACG Equities....

07/30/2018
Chicago-based Investor Acquires Walgreens in Lansing
The 14,559-square-foot Walgreens at 6421 W. Saginaw Hwy. in Lansing, MI A Chicago-based private investor purchased a 14,559-square-foot retail building in Lansing, Michigan from Agree Limited Partnership, a publically traded REIT. Walgreens sold for...

07/27/2018
Michigan's Largest Headquartered Bank Plans 20-Story Office Tower in Detroit
Rendering of the 20-story Chemical Bank headquarters at the intersection of Woodward Avenue and Elizabeth Street in DetroitCredit: Chemical Bank Chemical Financial Corp., the holding company for Chemical Bank, confirmed plans to relocate its headquarters...

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