May 12, 2026
Inflation hits three-year high; GM plans tech job cuts; Office attendance edges lower
Inflation hits three-year high
6,023 results
May 8, 2026Fully leased Farmington Crossroads changes hands in metropolitan Detroit
Yono Properties bought Farmington Crossroads, an 88,908-square-foot shopping center at 22054-22128 Farmington Rd. in Farmington Hills, Michigan, from Brixmor Property Group for $11.25 million, or $126.54 per square foot.
May 6, 2026Hotel margins lose momentum
Gross operating margins across major U.S. hotel markets continue to reflect an uneven recovery pattern, with 2025 results highlighting a growing divide between top-performing cities and those still working back toward pre-pandemic levels.
May 5, 2026Top retail leases recognized for Detroit
Prominent retail leases signed by TJ Maxx, Aldi and Beauty Plus negotiated by top dealmakers from Landmark Commercial RE Services and Stokas Bieri Real Estate are among the first-quarter retail leases recognized by CoStar.
May 5, 2026Top property sales recognized for Detroit
A prominent multifamily deal handled by Friedman Real Estate and an office disposition arranged by Colliers are among the top first-quarter property sales recognized by CoStar.
May 5, 2026Top office leases recognized for Detroit
Prominent office leases signed by Nations Mortgage, Coherix and Rapid Home Lending negotiated by top dealmakers from Hayman Company, Oxford Companies and KJ Commercial are among the first-quarter office leases recognized by CoStar.
May 5, 2026Top industrial leases recognized for Detroit
Prominent industrial leases signed by Renaissance Global Logistics, Morgan Foods and Matrix Quality Services negotiated by top dealmakers from Savills and CBRE are among the first-quarter industrial leases recognized by CoStar.
May 4, 2026Foster Financial buys Detroit-area office complex in receiver auction
Foster Financial Company acquired a two-building office complex in Southfield, Michigan, for $5 million, or $13 per square foot.
April 28, 2026Domino’s plans expansion; Rising costs weigh on commercial property outlook; Office attendance edges lower
Domino’s plans expansion
April 17, 2026Consolidated Electric inks lease at Detroit-area mall
Consolidated Electric, a regional electrical supply distributor, signed a lease for 10,850 square feet of retail space at the Argyle Acres Mall in Jackson, Michigan.
April 16, 2026High-end Detroit-area building acquired in one of market's top office sales of the year
A private investor bought the Greenleaf Trust Building at 34977 Woodward Ave. in Birmingham, Michigan, for $20 million, or $346 per square foot.
April 15, 2026Flex-N-Gate signs lease at Detroit-area warehouse
Automotive parts manufacturer Flex-N-Gate signed a lease for 198,591 square feet of industrial space at the Orion Commerce Center in Orion Township, Michigan.
April 14, 2026Why short-term rental penetration varies widely across major hotel markets
Demand for short‑term rentals, or STRs, now capture about 18% of hotel demand nationwide, though their presence across major U.S. markets varies widely based on local conditions.
April 13, 2026Hotels fill rooms; short‑term rentals win on price
A comparison of relative performance indices for hotels and short‑term rentals, or STRs, across major U.S. cities underscores how differently the two lodging models monetize demand.
April 8, 2026Legends Global Merchandise signs lease at Detroit-area shopping center
Legends Global Merchandise, a company that provides licensed apparel and accessories for major sports and entertainment events, signed a lease for 14,143 square feet at Westgate Shopping Center in Ann Arbor, Michigan.
April 8, 2026Nippon Seiki North America sells Detroit-area headquarters for $10.5 million
A private investment group acquired the corporate headquarters of Nippon Seiki North America at 600 Wilshire Drive in Troy, Michigan, for $10.5 million, or $91 per square foot.
March 30, 2026Coherix signs 25,000-square-foot lease at Ann Arbor’s Summit Office Center
Coherix Corp signed a new lease for 25,000 square feet at The Summit Office Center, located at 1168 Oak Valley Drive in Ann Arbor, Michigan.
March 26, 2026Detroit office tower, formerly occupied by Comerica, sold to local investor
The never-ending flow of mergers in the banking industry has resulted in the sale of a downtown Detroit office building to a group controlled by the chairman of Huntington National Bank.
March 26, 2026Princeton Management acquires student housing near Eastern Michigan University
In a state where the majority of student housing sales occur in Ann Arbor or Lansing, a property catering to Eastern Michigan University in Ypsilanti, Michigan, just changed hands in a $17.6 million deal.
March 25, 2026Detroit-area hotel sells ahead of planned retail redevelopment
Alrig USA, a Bingham Farms, Michigan-based commercial real estate investment and development firm, acquired the former Days Inn & Suites by Wyndham hotel at 31327 Gratiot Ave in Roseville, Michigan, from Thrive Hospitality Group. The 111-room hotel was not operating and sold for land value.