Detroit
JV Invests $48M in Multifamily Value-Add Play
Origin Investments partnered up with Draper and Kramer Inc. and LEM Capital to acquire the 448-unit ...Read more
Cali Investor Snags QLine Retail, Plans Renovation
Detroit native Anthony Buono, managing member of 6538 Woodward Investors LLC, acquired 6538-6540 Woo...Read more
Adient Targets Marquette Building for HQ
Adient Ltd. will buy downtown Detroit’s 164,000-square-foot Marquette Building for its new global ...Read more
GFI Capital Pays $26M for Hilton Garden Inn
GFI Capital Resources Group Inc. has purchased the 198-room, 10-story Hilton Garden Inn in downtown...Read more
Detroit Motoring Once Again
While its Midwest neighbors in Chicago and Cleveland are playing in the World Series, Detroit is ‘...Read more
Beaumont Hospital Launches $160M Expansion
Beaumont Hospital of Farmington Hills, MI, began its $160 million expansion. The plans call for more...Read more
Comerica to Close 16 Michigan Branches
Comerica Inc. announced it would close 16 branches throughout Michigan over the next six months. The...Read more
SoCal REIT Acquires MOBs in Michigan & Alabama
Griffin-American Healthcare REIT IV Inc. bought the Rochester Hills Medical Building in the Detroit ...Read more
Souave Readying for Mixed-Use Elton Park in Detroit
Souave Enterprises LLC is preparing to launch construction on its mixed-use development in Detroit�...Read more
Radiant Partners Acquires 681K-SF Mall of Abilene – Again
More than 10 years after selling Mall of Abilene to an Atlanta buyer, Radiant Partners LLC of New Yo...Read more
Detroit’s Brush Park Building Sells for a Shade over $1M
The highest bid for a half-acre property in Detroit’s Brush Park – as well as the abandoned buil...Read more
MI Senate Committee Approves Brownfield Proposal
The Michigan Senate’s economic development and international investment committee unanimously sign...Read more
Little Caesars’ $150M HQ Starts to Rise
Little Caesars of “pizza, pizza!” fame broke ground on its new, $150 million, nine-story, 234,00...Read more
Meijer Likes Big Boxes, And It Cannot Lie
Meijer, a Midwest retailer offering groceries and other items such as electronics and clothes, conti...Read more
Detroit’s Metropolitan to Become $32M Element Hotel
Metropolitan Hotel Partners, a joint venture between the Roxbury Group and Means Group, has closed o...Read more
Blighted Detroit Packard Plant Targeted For MXU Redo
A blighted plant on Detroit’s east side could become an active redevelopment site, provided the De...Read more
Middle-, Upper-Income Households Declining in Detroit
The lingering effects of the recession, flatter compensation in labor contracts and two-tier autowor...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...Read moreFlex-N-Gate Plans $95M Facility in Detroit
Shahid Khan, owner of Flex-N-Gate and the Jacksonville Jaguars, has announced his company will inves...Read more