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Development

Detroit seeks proposals to redevelop empty, historic Lee Plaza tower west of New Center

December 12, 2017 |

Detroit is attempting to jump-start redevelopment of the abandoned Lee Plaza tower on the city’s west side.

The city announced Monday that it is seeking development proposals for the high-rise, which opened in 1929 as a luxury residential hotel and … Read More

Davie plans to become a tourist magnet. Here’s how.

December 12, 2017 |

Saddle up, cowboy. Davie is taking its heritage to new heights.

The town is hoping to create a major tourist draw by expanding its Western-themed downtown with a village that would include restaurants, a saloon, a museum, a hotel, shopping and entertainment. And it … Read More

South Florida Real Estate Boom Not Dampened By Sea Level Rise

December 11, 2017 |

For coastal communities from Florida to Texas, this year’s hurricane season may be a preview of what’s to come. Scientists say with climate change, in the future we’re likely to see more severe hurricanes and heavier rain events. In addition, … Read More

FRIEDMAN SELLS 4,400 SF MEDICAL/OFFICE BUILDING IN ALLEN PARK, MICHIGAN

December 8, 2017 |

Farmington Hills, Michigan (December 8, 2017) – Friedman Integrated Real Estate Solutions, one of the nation’s leading providers of commercial real estate services, recently sold a 4,400 SF Medical/office building located at 16407-16415 Southfield Road in Allen Park, Michigan.

Amit … Read More

Dollar General adding 900 new stores in 2018

December 7, 2017 |

Dive Brief:

  • Dollar General posted a net sales of $5.9 billion in the third quarter, an 11% increase compared to the year-ago period, according to a press release. The deep discounter’s same-store sales rose 4.3%, which the company attributed to … Read More

FRIEDMAN SELLS 62,000 SF INDUSTRIAL BUILDING IN LISLE, ILLINOIS

December 7, 2017 |

Farmington Hills, Michigan (December 7, 2017) – Friedman Integrated Real Estate Solutions, one of the nation’s leading providers of commercial real estate services, recently sold a 62,000-square foot industrial building located at 4640-4650 Western Avenue in Lisle, Illinois. The seller … Read More

Developers Tend Toward Trendy Retailers To Bring In Customers, Other Tenants

December 6, 2017 |

With its green moss archway and hip décor, GiorgiPorgi in downtown Los Angeles has become one of the many trendy must-visit coffee shops in the area.

A year after opening next to Little Tokyo, the small coffee shop on Third Street … Read More

Economy Watch: Median Rents Up In November in Most Markets

December 6, 2017 |

The national median rent for one-bedroom apartments dropped for most of the year, but recovered beginning in September, according to a recent ABODO report.

The national median rent for a one-bedroom apartment is up to $1,040 in December, or a … Read More