Detroit
Colliers Secures Six Retail Tenants for Michigan Shopping Center
Vice President Mark Ansara and Senior Vice President Earl Clements arranged the new leases at Shops at CenterPoint in Grand Rapids.
Stan Johnson Brokers Michigan Industrial Sale
The building, located between Detroit and Flint, Mich., contains 667,000 square feet and is primarily used for product storage and regional distribution.
Detroit Office Market: Opportunities Lie Ahead
Friedman Real Estate Director Ryan Denomme shares his views on the investment trends and possible risks in the automotive-centered market at this point in the economic cycle.
DTE Energy to Expand MI Wind Portfolio by 455MW
The three new projects are scheduled for completion in 2020 and are part of the company’s commitment to reduce carbon emissions by at least 80 percent by 2040.
Friedman Finance Arranges Loan for Detroit Asset
Director Ryan Denomme originated the financing through a local bank. The owner of the property acquired it in shell condition and invested in renovations.
ICP Buys Pair of Midwest Warehouses
The properties are located in Bryan, Ohio, and Holland, Mich., and formerly belonged to Adient. They are fully leased to Yanfeng Automotive Interiors.
Morning Calm Management Buys $84M Detroit Industrial Portfolio
The firm purchased the nine-property, 1.5 million-square-foot suburban portfolio from Promanas Group. The deal marks the company’s fourth acquisition in the area over the past year.
Cushman & Wakefield Adds 7 Appraisers to Detroit Team
Susan Shipman, Andrew Exline, Andrea Kujala, Joseph Calvaneso, John Hackmann, Ricardo Stewart and John Danielson are experts in commercial real estate valuation and consulting services.
Newmark Knight Frank Expands Detroit Valuation Team
The company appointed Tony Roberts as its newest senior managing director, while Chris Maharg joined the firm as senior vice president.
sbe, Byzantine Team on Downtown Detroit Mixed-Use
The $72 million project will redevelop a nearly century-old, 190,000-square-foot office building into a 100-key hotel, plus 70 residential units. The property reportedly will be the first hotel in Detroit’s Cass Corridor.