Michigan
Dine-In Movie Theater Trades in Chatham
Quantum Real Estate Advisors brokered the sale of a single-tenant net-leased property at 210 W. 87th St. in the South… Read more
Global Logistics Firm Inks Detroit-Area Lease with AEW
CBRE recently represented both the tenant and ownership in a 136,500-square-foot industrial lease at 10725 Harrison Rd. in Romulus, MI,… Read more
U. of Michigan Will Add $920M Hospital at Campus Medical Center
The University of Michigan’s regents approved a $920-million project to build a 12-story adult hospital at Michigan Medicine, the Ann… Read more
PE Firm KSL Acquires Mackinac Island’s Grand Hotel
Private equity firm KSL Capital Partners will acquire the historic Grand Hotel on Michigan’s Mackinac Island from the Musser family,… Read more
365 Adds NJ Data Center to Portfolio
365 Data Centers, based in Norwalk, CT, added an 11th data center to its portfolio with the acquisition of NYI-NJ in Bridgewater,… Read more
Blink Muscles into Chicago with South Side Presence
Blink Fitness has made its Chicago-area debut with openings near Midway Airport on the South Side and in suburban Merrionette… Read more
Beaumont Buyer Nabs Nine-Property, 759K-SF National Retail Portfolio
Albanese Cormier Holdings shook hands with ShopOne Centers REIT to acquire a nine-property, 758,983-square-foot national retail portfolio, with locations in… Read more
WNC Closes $210M for Development, Renovation of 1,900 Affordable Housing Units
Irvine, CA-based WNC closed two institutional low-income housing tax credit (LIHTC) funds, WNC Institutional Tax Credit Fund 47, L.P. and… Read more
Goldie Initiative Fields Largest Scholarship Class to Date
The Goldie Initiative’s 2019-2020 class of Goldie Scholars is the organization’s largest ever, totaling 12 schools and 23 scholars, including… Read more
3G Capital, Watermark Form JV, Plan Six MF Developments
Newport Beach, CA-based 3G Capital Advisors LLC formed a joint venture with Watermark Residential called Watermark 3G Partners LLC, an… Read more
Master Lease for MI, IL Furniture Stores Asks $57M
Online net lease brokerage platform B+E has listed five Art Van Furniture properties under a master lease for $56,550,000. Four… Read more
CBRE Arranges Parcel Sale within Grand Rapids-Area Site
CBRE recently represented Granger Group in the sale of 33.4 acres at 5650 Wilson Avenue SW in Wyoming, MI, near… Read more
Today’s Commuter Can Spend Two Weeks Per Year in Transit
By Paul Bubny The 1993 movie “Falling Down” begins with a heavily perspiring Michael Douglas behind the wheel of a… Read more
Mercedes-Benz’s Financial Arm Will Move to Detroit-Area BTS
Olympia Development of Michigan and Mercedes-Benz Financial Services (MBFS) plan to initiate a new greenfield, build-to-suit facility in Farmington Hills, MI. The new Class A… Read more
L.A.’s Triyar Picks Up 100% Leased Michigan Industrial
Stan Johnson Company (SJC) completed the sale of Waretech Industrial Park, a multi-tenant industrial building in the Flint, MI suburb… Read more
Core Spaces, Goldman Sachs Partner on Student Housing Portfolio
Chicago-based Core Spaces is partnering with Goldman Sachs’ merchant banking division to recapitalize and develop a portfolio of nine student… Read more
Sale of Detroit Hotel Comes in Near Market’s Historic Highs
In one of the highest recorded transactions per key in Detroit history, GFI Hospitality has sold the 198-key Hilton Garden… Read more
Habitat Brings Condo Management Execs Aboard
The Habitat Company has brought in David P. Barnhart as VP, condominium management and Shruti Kumar as regional manager, condominium… Read more
Savills Bolsters Detroit Presence with Key Hires
Savills has launched its new Detroit office, and brought in Gregory Bockart, Jr. as executive managing director and Peter McGrath… Read more