Simon Property Group has fortified its foothold in the luxury retail sector, acquiring the remainder of Taubman Realty Group to gain full ownership of an attractive portfolio of roughly 20 upscale malls in affluent U.S. markets.
Prominent industrial leases signed by DTE Electric Company, W.F. Whelan Logistics and FANUC America negotiated by top dealmakers from Signature Associates and Lee & Associates are among the third-quarter industrial leases recognized by CoStar.
Prominent office leases signed by North American Lighting, SEIU and Village Green negotiated by top dealmakers from Signature Associates, Foster Financial Company, CBRE and Friedman Real Estate are among the third-quarter office leases recognized by CoStar.
A prominent healthcare deal handled by Blueprint Healthcare Real Estate Advisors and a multifamily disposition arranged by M. Shapiro Development Co. are among the top third-quarter property sales recognized by CoStar in the Detroit area.
Prominent retail leases signed by Ross Dress for Less, Bethesda Bible Church and Crunch Fitness negotiated by top dealmakers from Arizona Partners Retail Investment Group, Mid-America Real Estate - Michigan, Swisher and Stuart Frankel Development are among the third-quarter retail leases recognized by CoStar.
Investment firm Gladstone Commercial completed a sale-leaseback agreement with an auto-parts maker for six industrial properties in the Atlanta, Detroit and Fort Wayne, Indiana, markets.
Centria Healthcare, a Farmington Hills, Michigan-based healthcare company that provides expert care through ABA therapy, early intervention and personalized treatment to support children with autism, leased 11,352 square feet of retail space at the Riverview Commons Shopping Center.
CoStar’s Base Case forecast shows rent growth in Michigan's Grand Rapids metropolitan area slowing to 1.9% by the end of the fourth quarter — marking the first time it’s dipped below 2% since mid-2012.
Southfield, Michigan, is home to nearly 8.1 million square feet of high-quality office space, making it the second-largest concentration of four- and five-star buildings in the Detroit metropolitan area just behind downtown.
Hotel performance in U.S. areas near the Canadian border has softened considerably in 2025, as waning Canadian visitation continues to weigh on demand.
Fifth Third Bancorp is purchasing Comerica in the largest bank deal announced this year, an acquisition that shows the importance of retail branches in growing regional deposits.
Acrophyte Hospitality Trust, a Singapore-listed real estate investment trust owning 32 select-service hotels across 17 U.S. states, is undertaking a strategic review that could result in significant changes to its portfolio or structure as it faces a critical financial situation.
The U.S. subsidiary of Germany’s largest defense company, Düsseldorf-based Rheinmetall AG, is investing $31.7 million in Michigan, creating 450 jobs and expanding its U.S. footprint.