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Posts ByFriedman Research Team - Friedman Market Spotlight

Demand for Industrial Space Gaining Momentum

August 8, 2014 |

The industrial property sector is posting continuous gains, joining in on the commercial real estate recovery with low vacancy rates and rising rents.

According to preliminary second quarter numbers from real estate services firm JLL, the national industrial vacancy rate … Read More

Investors Show Preference for Retail Over Other Property Types, “Best Environment for Dispositions” Since 2008

August 8, 2014 |

Investment sales of retail properties showed remarkable momentum in the first half of the year, with volume rising 57 percent compared to the first half of 2013, to $36.9 billion, according to Real Capital Analytics (RCA), a New York City–based … Read More

Why the Midwest is Bouncing Back

August 8, 2014 |

GRAND RAPIDS, MI—Joe Elias has always believed in the potential of the American Midwest. The Michigan native spent 15 years developing real estate projects in the region, and recently helped launch the Grand Rapids, MI—based Loquidity, a real estate crowdfunding … Read More

Virtual Marketing Helps Brokers Showcase Properties

August 8, 2014 |

There has been a lot of buzz about the use of drones to capture aerial photos and a bird’s eye view of properties. Yet drones are just one of the high-tech tools that brokers use these days to market real … Read More

$82 Million David Whitney Building Development in Detroit On Track for Winter Opening

August 8, 2014 |

DETROIT, MI – Developers behind one of downtown Detroit’s largest rehab projects said Thursday The David Whitney Building is still on track for an early 2015 opening.

Once complete, the $82 million project will include 105 residential apartments, 135 hotel … Read More

Developers for M1 Concourse Buy Former GM Property in Pontiac

August 8, 2014 |

Owners of the planned $50 million to $60 million M1 Concourse auto enthusiasts development said Thursday they have bought 87 acres of former General Motors property on the northwest corner of Woodward Avenue and South Boulevard in Pontiac.

Developers for … Read More

Company Targets 460 Acres North of Ann Arbor for Residential Development

August 5, 2014 |

A Birmingham-based real estate firm has targeted 460 acres of land in Northfield Township for a residential development.

Biltmore Development is exploring the possibility of assembling nine properties and building housing along Whitmore Lake Road just west of US-23 and … Read More

Dollar Tree And Family Dollar: What Does This Mega Deal Mean For Retail?

August 4, 2014 |

Dollar Tree’s announced acquisition of Family Dollar represents one of the largest retail mergers in recent history. Combined, the two chains will create a retail powerhouse, with over 13,000 stores and more than $18 billion in revenue. The merger would … Read More