Michigan
Middle-, Upper-Income Households Declining in Detroit
The lingering effects of the recession, flatter compensation in labor contracts and two-tier autoworker wage structures have led to a… Read more
Colliers Brings MI Affiliate into Global Fold
Colliers International Group Inc. has acquired Colliers International West Michigan, a company that serves Grand Rapids, Kalamazoo and the Lakeshore.… Read more
Once-Distressed Evanston Office On Sales Block
Owners of the eight-story office building at 1007 Church St. in Evanston, IL have hired the Chicago office of HFF… Read more
Five Teams to Invest $52M in Downtown Detroit Revitalization
Five teams have been selected to redevelop an area known as Paradise Valley in downtown Detroit. The teams, selected by… Read more
Lack of Interest Puts Hold On 150K-SF Twelve Weston
Twelve Weston, a 12-story, 150,000-square-foot office tower planned for downtown Grand Rapids, Michigan, has been put on hold after little… Read more
Dow Under-Construction HQ On Block for $94M
Dow Chemical Co.’s brand-new, under-construction headquarters is on the market, at an asking price of $94.2 million. The Midland, MI-based… Read more
Flex-N-Gate Plans $95M Facility in Detroit
Shahid Khan, owner of Flex-N-Gate and the Jacksonville Jaguars, has announced his company will invest $95 million to build a… Read more
Construction Launched on IKEA’s Second Ohio Location
Swedish retailer IKEA has broken ground on its second location in Ohio. The 355,000-square-foot IKEA Columbus is slated for a… Read more
Pardon Me…But Grey Poupon Will Be Made in MI
Kraft Heinz is planning a $17 million expansion for its Holland, MI plant. Upon completion, the facility at 431 W.… Read more
Dow Chemical Being Courted, Michigan Incentives Lacking
Dow Chemical Co., headquartered in Midland, MI and in the middle of a merger with DuPont, is being courted by… Read more
San Bernardino’s Bankruptcy Case Nears End
According to U.S. Bankruptcy Judge Meredith Jury, San Bernardino’s municipal bankruptcy case is nearing closure. The almost four-year-old case is in its… Read more
Development OK’d for Former Detroit Store Site
Detroit’s Downtown Development Authority tentatively approved a mixed-use development on the site of the former J.L. Hudson Co. department store.… Read more
Bob Evans Shutters 21 Restaurants
Approximately one week after announcing $197-million sales-leaseback arrangements for its stores with National Retail Properties Inc. and Mesirow Realty Sale-Leaseback… Read more
Dothan AL: Least Expensive Office Space in the U.S.
Evolution Finance’s Wallet Hub study has placed Dothan, AL atop a list of 1,268 smaller cities nationwide that offers the… Read more
Chick-fil-A to Open 20 Michigan Locations
Fast-food restaurant Chick-fil-A will reportedly announce its Michigan expansion at the April 19 groundbreaking of the first free-standing restaurant in the… Read more
Beaumont Health Prepares for 213K-SF Royal Oak, MI Teardown
Beaumont Health is making final plans to demolish the Northwood Shopping Center in Royal Oak, MI. The plans call for… Read more
Kroger Announces $180M Michigan Investment
Kroger Co. of Michigan has announced it is making a $180 million investment in the state which will, in turn, lead… Read more
Walmart’s Fort Wayne Milk Plant On Tap
Walmart has announced plans to build a 250,000-square-foot milk-processing plant in Fort Wayne, IN. The giant retailer plans to begin… Read more
366K-SF Avenue at Tower City Center Sells
Following a six-month negotiating period between Forest City Realty Trust and Bedrock Real Estate Services (owned by Michigan billionaire Dan… Read more