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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...

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...

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...

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...

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...

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...

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...

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....

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...

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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