Michigan
Chicago, Midwest | People & Companies for February 9, 2024
Dan Heberle, a banking executive with more than 30 years of industry experience, has been promoted to President of KeyBank… Read more
Farbman Sells Sportsmen’s Den Property in Michigan
Farbman Group closed the sale of 15001 Sibley Road, formerly the Sportsmen’s Den in Riverview, Michigan. Nanci Tarpley, sales and… Read more
BWE Secures $20M in Acquisition Financing for Michigan Apartments
BWE, a national commercial and multifamily mortgage banking company, has secured $19,750,000 in acquisition financing for a 326-unit low-rise apartment… Read more
Friedman to Manage New 1M-SF Criminal Justice Center in Detroit
Friedman Real Estate has been selected to partner with Wayne County’s Facilities Management and Planning division to manage the county’s… Read more
Carhartt HQ Building, Design Facility Acquired by Syndicated Equities
Syndicated Equities has announced the acquisition of Carhartt’s Global Design and Corporate Headquarters. The property, which is located at 5750… Read more
Farbman Group Announces Team Promotions, Five New Hires
Farbman Group has announced the promotion of two leaders, John Harwood and Robyn Bergstedt, and the addition of five new… Read more
NLOP Sells Four Office Assets for $43M
Net Lease Office Properties (NLOP), a publicly traded real estate investment trust, has sold four U.S. office properties for gross… Read more
Farbman Opens Amenity Space with Mural at 100 North La Salle
Farbman Group has finished renovating The LookOut, transitioning the 26th-floor penthouse suite into a unique office amenity space, at 100 North… Read more
JLL Secures $30M Financing for MF Portfolio in Michigan
JLL has secured the $30M financing for a two-property multi-housing portfolio in Michigan. The firm arranged the refinancing for the… Read more
VA Awards $617M Contract for El Paso Hospital
The current Veterans Administration Hospital in El Paso is 30 years old and overcrowded. Clark Construction Group was awarded the… Read more
Farbman Group Moving Into New 93K SF HQ Office
Farbman Group, a full-service real estate firm, is moving into a 93,000-square-foot Class-A Yamasaki-designed office building at 31700 Middle Belt… Read more
Secondary Markets Targeted for Advanced Manufacturing Sites
At one time, manufacturing sites were in predominantly major markets – think Detroit, Chicago and Pittsburgh. But in its recently… Read more
Fully Leased Office Building in Madison Trades for $27M
JLL has closed the $27.35 million sale of 7974 UW Health Court, a 200,000-square-foot, fully leased office building in Middleton,… Read more
Pinnacle Breaks Ground on Michigan’s First MF Passive Housing
Pinnacle Construction Group, a Grand Rapids-based design-build firm, has started work on Michigan’s first multifamily certified passive housing development. Pinnacle… Read more
Despite High Vacancy, Seattle Leads in Office Development
While Seattle’s office market is struggling, developers are building more new office space in the city than nearly any other… Read more
Friedman Real Estate Buys Downtown Detroit Towers
Farmington Hills, Michigan-based Friedman Real Estate recently bought two of the seven Renaissance Center towers in Detroit, with plans to… Read more
California Again Ranks First for Resident Exodus
For the fourth year in a row, California reflected the largest net loss of one-way movers in the annual U-Haul… Read more