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September 18, 2025
Sprawling Detroit commercial building portfolio goes up for sale
A Detroit real estate firm is looking to sell a 21-property portfolio in and around the city’s Eastern Market district. The offering is billed as the largest collection of commercial buildings ever offered in the area by a single owner.
September 15, 2025
Ford to move headquarters; US household spending ticks down; Swiss bank reportedly eyes US move
Ford to move into new headquarters
September 15, 2025
Only 3 Midwestern cities see room revenue go up
Through July, St. Louis, Chicago and Columbus significantly outperformed their Midwestern counterparts when comparing revenue per available room, or RevPAR.
September 9, 2025
Grand Rapids’ industrial market is heading towards its first year of negative space demand since 2019
Following a jolt of move-out activity early in 2025, the Grand Rapids industrial market has continued to see move-outs outpace move-ins, pacing the year for the weakest annual demand reading since the onset of the pandemic.
September 3, 2025
Detroit looks to luxury hotel projects to elevate status, revenue
Detroit, which in 2015 became the only city in the United States to be designated a “City of Design” by Unesco, is seeing a surge in upper-upscale and luxury hotel development.
August 22, 2025
Local salon franchise leases former CVS location in Detroit
The Hair Depot, a local salon franchise with locations in Centreville and Prescott, Michigan, signed a long-term lease to occupy a former CVS Pharmacy location in Detroit.
August 19, 2025
Michigan strip center sells for $6.5 million
Mill Valley Center, a fully-leased retail strip center in Milford, Michigan, traded hands for $6.5 million.
August 18, 2025
Detroit’s apartment market remains balanced as summer draws to a close
Renter demand across the Detroit metropolitan area is expected to outpace new supply by roughly 120 units this year, representing the smallest delta between the two measures since 2014.
August 8, 2025
Transaction activity across Detroit slowed at the beginning of summer
Investment activity across the Detroit metropolitan area totaled just $443 million in the second quarter, marking the second straight period of declining activity and the lowest quarterly tally since last year’s April-to-June period.
August 4, 2025
At Home adds to its US store closing plans through bankruptcy court
Home goods and furniture retailer At Home has added half a dozen locations to its store-closure list even as it pulls two other stores off that list through bankruptcy proceedings.
August 4, 2025
Conversion of former Cadillac plant into apartments nears completion in Detroit
One of the original Cadillac automotive plants in Detroit is undergoing a conversion into loft apartments, an adaptive reuse of a building that played a key role in the Motor City's automobile history.
August 1, 2025
Gladstone Commercial acquires three industrial properties northeast of Detroit
Yanfeng Automotive Technology U.S. has sold the three industrial buildings at 42050, 42150 and 42200 Executive Drive in Harrison Township, Michigan, totaling 215,102 square feet to Gladstone Commercial Corp. for nearly $16.3 million, or $75 per square foot. Yanfeng, a global supplier of auto interiors, exteriors, seating, cockpit electronics and passive safety systems, agreed to a leaseback for 100% of the property. The sales came with a 9.59% capitalization rate due to the terms of the sale leaseback.
August 1, 2025
Top office leases recognized for Detroit
Prominent office leases signed by Comerica Bank, Plunkett Cooney and Star Behavior Consultants, negotiated by top dealmakers from Friedman Real Estate, Bedrock and L. Mason Capitani, are among the second-quarter office leases recognized by CoStar.
August 1, 2025
Top industrial leases recognized for Detroit
Prominent industrial leases signed by Costco, WGS Global Services and KSI Auto Parts, negotiated by top dealmakers from Newmark, Signature Associates, L. Mason Capitani and JLL, are among the second-quarter industrial leases recognized by CoStar.
August 1, 2025
Top property sales recognized for Detroit
The sale of a prominent retail center handled by CBRE and another retail property disposition arranged by Marcus & Millichap's Institutional Property Advisors, Time Equities and Lormax Stern are among the top second-quarter property sales recognized by CoStar.
August 1, 2025
Top retail leases recognized for Detroit
Prominent retail leases signed by NRG Adventure Park, Trinity Health and Dollar Tree, negotiated by top dealmakers from firms including JLL, Gerdom Realty & Investment,Ranger Retail Partners, Q Commercial Real Estate and Colliers, are among the second-quarter retail leases recognized by CoStar.
July 22, 2025
Tariffs weigh on GM profits; Office attendance hits new high; Consumer credit access improves
Tariffs weigh on GM profits
July 22, 2025
Adaptive reuse offers a solution to the growing homelessness problem
It is often said that the hospitality industry isn’t overbuilt, it’s under-demolished. Several markets around the U.S. would benefit from reduced room inventory, and adaptive reuse can be utilized by real estate investors as a viable solution. Specifically, the conversion of hotel rooms to residences for the unhoused and shelters for migrants could help suppress supply growth while driving hotel performance.
July 21, 2025
Robert Redford-founded Sundance Living to shutter its stores
Sundance Living is riding into the sunset, closing its 16 stores and shutting down its catalog business.
July 16, 2025
Industrial tenants are shedding space across much of Michigan’s Wayne County
The Detroit metropolitan area has seen annual industrial space demand reach negative 3.2 million square feet for three straight quarters, the weakest stretch since 2010. Widespread move-outs in Wayne County, home to nearly half of the region’s industrial inventory, are largely to blame.

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