Michigan
CBRE Names Valuation Leader for Michigan
Brenda Makarov has been named managing director of valuation and advisory services for CBRE in Detroit. Her responsibilities at CBRE… Read more
Well-located Krispy Kreme Trades in Grand Rapids
A single-tenant net lease Krispy Kreme at 2700 E Beltline Ave SE in Grand Rapids, MI has traded for $1.6… Read more
Scarcity of Class A Drives Industrial Prices to New Highs
There’s still time to join us for Connect Industrial in Chicago on Wednesday. Leading up to the conference, Connect Media… Read more
Design-Build Team Chosen for Bridge Connecting Detroit, Ontario
Bridging North America, a partnership of Fluor and ACS Infrastructure Canada, has been selected to design, build, finance, operate and… Read more
Walker & Dunlop Expands to Detroit with New Hires
Walker & Dunlop has hired David Wilkins (pictured) as managing director and Charlie Krisfalusi as VP in its FHA Finance… Read more
BorgWarner Opens 100K-SF R&D Facility Near Indianapolis
Auburn Hills, MI-based BorgWarner opened its Noblesville Technical Center, a new 100,000 square-foot facility in Noblesville, IN, a suburb 25 miles… Read more
RED Mortgage, Redwood Living Pass $700M Mark on Financings
Connect Apartments is coming up on June 26th in Los Angeles. Here’s a link to find out more about the… Read more
RAMCO Brings In New EVP/CFO
Michael P. Fitzmaurice (pictured) has taken on the triple role of EVP, CFO and secretary at RAMCO Properties. He most… Read more
Michigan Central Station Has a Ford in Its Future
Ford Motor Company plans an announcement next week on its redevelopment plans for the 500,000-square-foot Michigan Central Station, vacant since… Read more
CushWake Taps Garrett Keais to Lead Detroit Region
Garrett Keais (pictured) has been named managing principal of Cushman & Wakefield’s Detroit operations, succeeding Brian Piergentili, who led the… Read more
CIBC Set to Open Bronzeville Banking Facility in 2019
As another marker of Bronzeville’s ongoing gentrification, CIBC plans to open its next U.S. Banking Center in this South Side… Read more
$533M Jail Complex Approved in Detroit
The Wayne County Building Authority approved a $533-million jail complex in Detroit. The site, located on East Warren Avenue near… Read more
CBRE Brings in Managing Director for Detroit
Paul Van Devender (pictured) has been appointed managing director of CBRE’s Detroit office. He most recently served as COO of… Read more
Griffin-American IV Adds Southfield MOB to Healthcare Portfolio
Griffin American Healthcare REIT IV has acquired Southfield Medical Office Building, in the Detroit’s Southfield, MI suburb, for $16.2 million.… Read more
Griffin-American Healthcare REIT IV Acquires MOB Near Detroit
American Healthcare Investors and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., reported it acquired Southfield Medical Office Building,… Read more
Pace of Demand Remains Strong for Indy’s New Industrial Builds
While Chicago is the leading Midwest hub for industrial, by no means is it the region’s only center for tenant… Read more
Bedrock’s $2.15B Detroit Development Projects Clear Final Hurdle
The Michigan Strategic Fund (MSF) provided the final approval for Detroit-based Bedrock’s use of the MIthrive financing tool, clearing the… Read more
Hunt Mortgage Arranges Freddie Financing for Toledo Acquisition
Connect Apartments is coming up on June 26th in Los Angeles. Here’s a link to find out more about the… Read more
Global Net Lease Grabs Five MW Industrial Facilities for $83M
Global Net Lease (GNL), Inc. closed on the acquisition of five industrial assets totaling roughly 1.4 million square feet for $83… Read more