Michigan
Nelson Rising Recognized with Lifetime Achievement Award at Connect LA
By Dennis Kaiser Connect Los Angeles brought together more than 450 CRE leaders for an information packed conference June 21st… Read more
Kellogg Closing La Palma Distribution Facility
Connect Industrial is heading to Chicago, June 28th. Here’s where to get more details and register. Kellogg Co. plans to close a… Read more
Are You Ready for Malls with No Stores?
Shopping-center landlords are rethinking the traditional mall model—and shops aren’t necessarily part of the equation. As retailers close bricks-and-mortar stores… Read more
Detroit Approves New Pistons HQ, Training Facility in Downtown
The Detroit Pistons basketball team received approval to move its corporate headquarters and practice facility to a site in downtown… Read more
Comerica Renews 222K-SF Downtown Dallas HQ Lease
Comerica Bank renewed its corporate headquarters lease in downtown Dallas, agreeing to take 222,000 square feet at 1717 Main Street.… Read more
Detroit Launches Largest Resi Dev Effort in Two Decades
The first phase of a large-scale multifamily development in Detroit’s 50-block District Detroit redevelopment project is moving forward. The $160-million… Read more
San Francisco Home Prices Drop, Finally
San Francisco home values fell for the first time since 2011, reversing a hot streak that pushed the market to… Read more
Hunt Arranges Acquisition Financing for Three MF Assets
New York-based Hunt Mortgage Group arranged $36.7-million in financing for the acquisition of three multifamily properties in Ohio, Illinois and… Read moreWhat Are Most, and Least Expensive Cities to Build Out?
JLL launched the U.S. Fit Out Guide to find out exactly what it costs to build out space across 51… Read more
GM’s Cruise Automation Expands CA Footprint
General Motors plans to add more than 1,100 new jobs and invest $14 million in a new research and development… Read more
Maserati Steers U.S. HQ to Detroit
Fiat Chrysler Automobiles (FCA) plans to relocate the U.S. HQ of Maserati to the now shuttered Walter P. Chrysler Museum… Read more
West Michigan Health Campus Midway to $1B Build-Out
Metro Health and University of Michigan Health System reached the halfway point of the targeted $1-billion investment build-out of Metro… Read more
States With the Largest and Smallest Gender Wage Gap
Payscale’s 2016 Gender Pay Gap Report found that the Northeast is the most equal region in the United States when… Read more
Wolverine Steps into 720K SF Facility
Michigan-based Wolverine Worldwide leased a 720,000-square-foot facility at the Crossroads Logistics Center in Beaumont, CA. The global footwear and apparel… Read more
When Renters Take Over
According to analysis of U.S. Census Bureau data by Bloomberg, renters are now outnumbering homeowners in most major U.S. cities.… Read more
$31M Acquisition Loan Helps MOB Buy
Carter Validus Mission Critical REIT II secured $30.5 million in acquisition financing to buy the 106,806-square-foot Women’s Health Center of… Read more
Property Values Remain Below 2008 Levels in Many Michigan Cities
Property values are lagging throughout the state of Michigan. More than 1.4 million people – one in seven residents –… Read more
Brixmor Shells Out $102M for Arborland Center
Brixmor Property Group Inc. in New York City acquired the 404,000-square-foot, Kroger-anchored Arborland, a regional shopping center in Ann Arbor,… Read more
Beaumont Gets Green Light for 183K-SF MXU
Beaumont Health received permission from the Royal Oak, MI city commission to move ahead on a 183,000-square-foot, mixed-use center at… Read more