Detroit
SRS Opens Detroit Office, Adds Trio of Net Lease Pros
SRS Real Estate Partners welcomed three new team members to its newest office in Detroit. Michael Carter and Frank Rogers… Read more
UPS’ Coyote to Establish Tech Hub in Detroit’s Corktown
UPS company Coyote Logistics is set to expand its Chicago-based operations with the creation of a new Tech Hub in Detroit’s Corktown… Read more
Appetite for Food Halls Fuels Retail Sector
By Dennis Kaiser A recently-redeveloped retail center and curated market food hall is up for sale in Irvine, CA. The… Read more
Avanath Launches Multifamily Development Group
Irvine, CA-based Avanath Capital Management, LLC launched a new entity focused on new multifamily development opportunities. The group will initially… Read more
Cobo Center Inks Naming Rights Deal with Chemical Bank
The Detroit Regional Convention Facility Authority (DRCFA) has awarded the naming rights of Cobo Center to Chemical Bank, the largest… Read more
CBRE’s Latessa Named to Inaugural Daniel Burnham Fellowship
John Latessa, president of CBRE’s Midwest Division, was recently named to the inaugural class of Leadership Greater Chicago’s Daniel Burnham Fellowship.… Read more
Abandoned Stadiums and Ghost Towns: Wasted Space That Could Be Monetized
Built in 1936 for a specific event—the Summer Olympic Games—the Olympic Village outside Berlin has occasionally been repurposed to other… Read more
Detroit Industrial Leads Midwest for Rent Growth, Vacancy Declines
Detroit ended 2018 with the highest year-over-year rent growth and lowest vacancy of any Midwest market, according to CBRE’s Industrial… Read more
Detroit Multifamily Vacancies at Five-Year Low
Even with additional inventory coming on line, the Detroit metro area’s vacancy rate is at a five-year low, says Marcus… Read more
U.S. Study: Can Freelancers Cope with the Cost of Living?
Did you know that about 57 million people in America are freelancers? Since freelancers have to take into account business… Read more
VICI Properties, Penn National Gaming Acquiring Detroit Casino-Hotel for $1B
VICI Properties Inc. and Penn National Gaming, Inc. agreed to acquire the Greektown Casino-Hotel in downtown Detroit from Jack Entertainment… Read more
Mid-America Brokers Retail Sale in Suburban Detroit
Mid-America Real Estate Corporation’s investment sales team recently brokered the sale of Waterside Marketplace in Chesterfield Township, MI. The sales… Read more
McCaffery Bringing Food Hall to Fulton Market
Galley Group, which has opened food halls in Pittsburgh, Cleveland and Detroit, has leased 12,912 square feet at McCaffery’s 1115… Read more
DealPoint Merrill Plans Revamp of Detroit-Area Center
Los Angeles-based DealPoint Merrill has acquired a shopping center in Southgate, MI formerly anchored by a Kroger supermarket. Seller and… Read more
MI-based Signature Associates Joins TCN Worldwide
Detroit-based Signature Associates has come into the TCN Worldwide fold as its newest member firm selected to join the international… Read more
Law Firm Takes Space in District Detroit Building by Little Caesars Arena
Olympia Development of Michigan signed a nearly 30,000-square-foot lease with Warner Norcross + Judd LLP at The District Detroit, a $1.4-billion mixed-use… Read more
Report: Renter Unaffordability Remains Rampant
Apartment List’s recently released 2018 Cost Burden Report offered good news and bad news. First, the good news: Nationally, the… Read more
Cadillac’s Ride from Detroit to SoHo and Back Again
In late September 2014, General Motors announced that Cadillac, long a symbol of Detroit luxury-car know-how, would be established as… Read more
A Decade After Housing Bust, California Markets Pace Recovery
A decade after the collapse of the housing market and start of the Great Recession, home values have more than… Read more