Detroit

CBRE’s Latessa Named to Inaugural Daniel Burnham Fellowship
John Latessa, president of CBRE’s Midwest Division, was recently named to the inaugural class of ...Read more
Abandoned Stadiums and Ghost Towns: Wasted Space That Could Be Monetized
Built in 1936 for a specific event—the Summer Olympic Games—the Olympic Village outside Berlin h...Read more
Detroit Industrial Leads Midwest for Rent Growth, Vacancy Declines
Detroit ended 2018 with the highest year-over-year rent growth and lowest vacancy of any Midwest mar...Read more
Detroit Multifamily Vacancies at Five-Year Low
Even with additional inventory coming on line, the Detroit metro area’s vacancy rate is at a five-...Read more
Greystone Lines Up Fannie DUS Loans for Detroit-Area Apts.
Greystone has provided a total of $46.51 million in Fannie Mae DUS financing to refinance two suburb...Read more
Gladstone Makes 1st UPREIT Buy with Detroit-Area Industrial
Gladstone Commercial Corporation has completed the acquisition of a two building, 218,703-square-foo...Read more
Green Courte Grows Land-Lease Portfolio with MI Deal
Green Courte Partners has acquired a portfolio of eight land-lease communities in Michigan containin...Read more
DealPoint Merrill Plans Revamp of Detroit-Area Center
Los Angeles-based DealPoint Merrill has acquired a shopping center in Southgate, MI formerly anchore...Read more
Cadillac’s Ride from Detroit to SoHo and Back Again
In late September 2014, General Motors announced that Cadillac, long a symbol of Detroit luxury-car ...Read more
Beaumont Plans 30 Detroit-Area Urgent Care Centers
Beaumont Health is partnering with Atlanta-based WellStreet Urgent Care to open up to 30 urgent care...Read more
Austin: America’s Biggest Boomtown
Huge population and housing growth. Great median wages. Increase in jobs, decrease in unemployment. ...Read more
CMBS Refi for Lightstone Apts. in Detroit Area
Lightstone said Thursday that it had closed on refinancing for five multifamily rental properties in...Read more
Gilbert’s Bedrock Plans $300M, Resi MXU in Detroit
Bedrock LLC revealed plans for a $300-million residential MXU development on 22 acres of the former ...Read more
Chemical Bank Prepares for HQ Move to Detroit
In one of Detroit’s biggest corporate recruitment coups of recent years, Chemical Bank plans to mo...Read more
CBRE Names Valuation Leader for Michigan
Brenda Makarov has been named managing director of valuation and advisory services for CBRE in Detro...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 d...Read more
CushWake Taps Garrett Keais to Lead Detroit Region
Garrett Keais (pictured) has been named managing principal of Cushman & Wakefield’s Detroit op...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. Bankin...Read more
$533M Jail Complex Approved in Detroit
The Wayne County Building Authority approved a $533-million jail complex in Detroit. The site, locat...Read more
