Brian Fineran

Detroit's retail leasing volume of 3.49 million square feet in 2024 was down 18.1% from the prior year. This recent reduction reversed a trend of leasing volume ticking upward since 2020, reaching a ...

Apartment demand and the completed construction of new units in Indianapolis both reached a decade-high level in 2024. Net absorption, or the change in the number of occupied units, totaled 5,351 ...

National rent growth has slowed significantly since the first quarter of 2022, from 9.9% to just 1.0% for 2024's fourth quarter. Weakness in national rent growth stems largely from Sun Belt markets, ...

As of early 2025, only 2.7 million square feet of industrial space is under construction in Detroit, nearly the lowest level over the past 10 years. Meanwhile, construction starts began declining ...

Due to shifting renter preferences and less supply-side competition, Detroit's multifamily sector continues to rebound from weakened demand over the past few years through 2024, preferring mid-grade ...

With only a few weeks left in 2024, commercial property sales in Grand Rapids, Michigan, have reached $864 million, marking a 53% decline from the 2022 peak of $1.8 billion. Although industrial sales ...

As the new year approaches, commercial investment in Indianapolis continues to decline from its peak in 2022, when sales volume reached a record-breaking $5.4 billion.

More than 5.9 million square feet of industrial space is on the market for subleasing in Indianapolis so far this quarter, just under the all-time high reached during the second quarter this year.

Nearing the final days of 2024, the sales volume of commercial properties in the Detroit area continues to decline from the record-setting levels of a few years ago, falling back to volumes closer to ...

Office users in Indianapolis continue to lease space tenaciously, even as overall tenant demand for office space struggles to match pre-pandemic levels.

Michigan's industrial sector continues navigating economic challenges as rent growth slows for the 10th consecutive quarter, extending its downward trend. Industrial markets in Michigan recorded ...

Detroit experienced a record-breaking year for apartment construction in 2023, with 3,502 units completed. So far, in 2024, an additional 2,063 units have been completed, reflecting continued ...

The Indianapolis industrial sector's annual rent growth is now 3.7% following a decline by nearly 400 basis points since the beginning of the year. Rent growth was driven downward by the delivery of ...

Just over 2.2 million square feet of Detroit office space is on the market for subleasing after pulling back 19% from the all-time high reached during the third quarter of 2023. The amount of sublet ...

Luxury apartments in Indianapolis continued to attract more renters this year than other apartment subtypes, with absorption, or the change in the number of occupied units, among this segment ...

At the start of the fourth quarter, approximately 3.7 million square feet of industrial space is underway in Detroit. Home to the Big Three automotive manufacturers, specialized space, which includes ...

The Grand Rapids, Michigan, area has approximately 1.3 million square feet underway, with the final months of 2024 in sight. Logistics facilities constitute roughly 68% of the space underway, but ...

Heading into the final months of 2024, approximately 6.2 million square feet of industrial space is underway in Indianapolis, with logistics space comprising 93.5%. The space underway is down roughly ...

Heading into the final months of 2024, the amount of retail leasing in Grand Rapids, Michigan, is closely aligned with historical activity through the end of the third quarter over the past few ...

Entering the final months of 2024, apartment demand in Detroit continues to be concentrated at the three-star level and above. While luxury four-and-five-star apartments have been outperforming over ...