Michigan
MREIC Adds Mission-Critical Toyota Tsusho Facility
Monmouth Real Estate Investment Corporation (MREIC) has acquired a newly-built 350,000-square-foot industrial building at 5440 Haggerty Ln. in Lafayette, IN for… Read more
Cohen Financial Originates Bridge Loan on Grand Rapids Multifamily
Cohen Financial’s Cathy Bronkema has arranged an $11-million short-term bank loan with SunTrust for the acquisition of Cottonwood Forest Apartments in… Read more
NKF Arranges Sale of 50-Property Self-Storage Portfolio
NKF arranged the sale of a 50-property self-storage portfolio spread across six states. The portfolio, which measures more than 3.1… Read more
A&G Will Conduct Bankruptcy Auction on 67 Shopko Sites
A&G Realty Partners will auction six vacant Shopko boxes and 61 vacant outparcel sites as part of the mass merchant’s Chapter… Read more
Berkadia Arranges CMBS Refi on Grand Rapids Mid-Rise
Berkadia has arranged the financing of Lofts on Michigan, a mid-rise multifamily property in Grand Rapids, MI. Aaron Moll of… Read more
JPMorgan Expands Investment in Detroit’s Economy
JPMorgan Chase will expand its investment in Detroit’s economic recovery, committing to reach $200 million by the end of 2022.… Read more
EPA Targets O-Zones for Cleanup
The Environmental Protection Agency (EPA) has targeted 149 communities to receive $64.6 million in funding for brownfields, assessment and cleanup… Read more
Ardis Sells 2 Hotel Properties in Upper Peninsula
CBRE has arranged the sale of the 62-room Holiday Inn Express & Suites and 57-room Comfort Inn in Iron Mountain,… Read more
Chetrit-Led Group Snaps Up 10K Apartments in 8 States
Roco Real Estate LLC, based in Bloomfield Hills, MI, has sold more than 10,000 apartments to a group led by… Read more
Two-Building Detroit Office Campus Sells to NYC Investor
CBRE’s Anne Galbraith Kohn recently represented Hayman Company in its disposition of Northfield Office Park, 5600 and 5700 Crooks Rd.… Read more
Logistics Property Co. Unveils Kenosha Park
Logistics Property Company (LPC) has unveiled 94 Logistics Park in Kenosha, WI, reportedly the largest logistics real estate development in… Read more
CushWake Brokers Sale of 697-Unit MF Portfolio in Kentucky, Mississippi
Cushman & Wakefield arranged the sale of a three-property, 697-unit apartment portfolio in Kentucky and Mississippi. The sales prices were… Read more
CBL Backfills Vacant Carson’s with Sporting Goods Store
Dunham’s Sports is coming to CBL Properties’ Laurel Park Place in the Detroit suburb of Livonia, MI, replacing the former… Read more
Integris Makes Further Inroads into Michigan
Integris Ventures has purchased the Earhart Corporate Center, a 198,624-square-foot, Class A corporate headquarters office building in Ann Arbor, MI,… Read more
BGL’s Healthcare Team Sells MI Dialysis Centers
Brown Gibbons Lang (BGL) has arranged the sale of Bay Area Regional Dialysis Center Portfolio, two dialysis centers totaling approximately… Read more
Habitat Buys Rentals in Detroit, Twin Cities Metros
Chicago-based The Habitat Company recently acquired three new rental properties. They include the Village of Hyde Park, a development of 43 townhomes in… Read more
Italian Auto Supplier Buys Detroit Site for New Factory
Italian automotive supplier Tiberina Group has acquired 10 acres of land at the former American Axle & Manufacturing Holdings site… Read more
VICI Finalizes $1B Acquisition of Detroit’s Greektown Casino-Hotel
New York-based VICI Properties Inc. completed the previously-disclosed acquisition of the Greektown Casino-Hotel in downtown Detroit from Dan Gilbert’s Jack… Read more
Where are Best Places to Get a Summer Job?
This summer’s job market is likely going to be challenged by the tight U.S. labor market. The national unemployment rate… Read more