Michigan
Basis Industrial Closes on $8M Construction Loan for Detroit Self-Storage
Basis Industrial, a privately held real estate owner and operator, closed on an $8.308 million construction loan for a self-storage facility located… Read more
Cresa Acquires Detroit’s Axiom Advisory Group
Cresa has acquired Axiom Advisory Group, a Detroit-based commercial real estate firm specializing in global corporate real estate portfolio management.… Read more
Farbman Group Welcomes Three New Hires
Farbman Group recently added three new employees to the firm’s family of companies. Jaclyn Gassman was hired as a senior… Read more
Detroit Developer Plans $14M Mixed-Use in Midtown
Greatwater Opportunity Capital is bringing a new $14 million multifamily project to Detroit’s Midtown neighborhood. Located at 3740 Second Avenue,… Read more
Marcus & Millichap Arranges Sale of Kroger-Anchored Center
Marcus & Millichap announced the sale of a multi-tenant, grocery-anchored retail center in Jackson, Michigan. Located at Merchants Crossing, a… Read more
CRC Signs Five Leases for 35K-SF in MI Retail Center
Continental Realty Corporation (CRC) has signed five new tenants, totaling nearly 35,000 square feet of space, at Oakland Plaza in… Read more
CBRE Relocates, Expands Office Space in Grand Rapids CBD
CBRE has relocated its Grand Rapids office to 200 Ottawa Avenue NW, Suite 110. The company has expanded its footprint… Read more
California People and Company News for Sept. 1, 2023
Connect Orange County will take place Sept. 27, 2023 at VEA | Newport Beach Marriott in Newport Beach, concurrently with… Read more
Marcus & Millichap Sells Grocery-Anchored WI Property
Marcus & Millichap announced the sale of a 112,010-square foot grocery anchored multi-tenant retail property located in Waukesha, Wisconsin. The… Read more
SRS Closes $7.85M Sale of CVS Pharmacy Property
SRS Real Estate Partners has completed the $7.85 million sale of a 13,040-square-foot property occupied by CVS Pharmacy. The property… Read more
Marquette Reopens The Maxwell Apartments in Detroit
Marquette Companies recently celebrated the grand reopening of The Maxwell apartments in Romulus, Michigan. The firm has completed significant renovations… Read more
GM to Close Chandler IT Innovation Center, Lay off 936 Workers
GM has announced it will close its Arizona IT Innovation Center in Chandler before the end of the year, affecting… Read more
Florida Value Partners Lands $20M Refi for 13 Dental Offices
Florida Value Partners (FVP) has landed $20 million in financing to refinance a portfolio of 13 dental offices spanning six… Read more
Chicago’s Planning and Development Commissioner Maurice Cox Resigns
Chicago’s city commissioner of the Department of Planning & Development, Maurice Cox, resigned last week. In an email to staff… Read more
Newmark Closes Sale of Six-State Net Lease Portfolio
Newmark completed the $24.6-million sale of a nine-property, net leased retail portfolio spanning across Alabama, Florida, Illinois, Indiana, Michigan and… Read more
Housing Developments Proposed to Revitalize Downtown Lansing
Lansing Mayor Andy Schor and other stakeholders recently joined New Vision Lansing, LLC to share their ambitious plan to build… Read more
Friedman Inks New Industrial Lease with DTE in Detroit
Friedman Real Estate, a privately held full-service commercial real estate firm, recently signed a large industrial lease for 528,340 square feet… Read more
Oxford Capital Takes Over Lease, Management of D.C. Luxury Hotel
Oxford Capital Group, LLC has signed a new long-term lease of the 225-room, luxury lifestyle hotel Thompson Washington D.C. located… Read more
Merchants Capital Closes $196.5M Tax Credit Fund
Merchants Capital closed the Merchants Capital Tax Credit Equity Fund 15, L.P. (Merchants Fund 15). Merchants Fund 15 represents the… Read more