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Industrial

Cold Storage Space Shortage Heating Rents Up

August 15, 2018 |

Cold storage facilities, a specialized niche in the industrial market, is in high demand in the Chicago market, but because of high barriers to entry for its development, such space is in short supply. That has made cold storage rents … Read More

Fanuc plans 461,000-square-foot robotics facility with up to 300 workers in Auburn Hills

July 27, 2018 |

Fanuc America Corp. is planning to invest $51 million into a massive new high-tech robotics facility in Auburn Hills next to its North American headquarters.

The 461,000-square-foot building will be at 1100 Entrance Dr. near Squirrel and Butler roads, according … Read More

Secure Preapprovals To Win Commercial Real Estate Deals

July 24, 2018 |

The 2017 Commercial Real Estate Lending Trends Survey by the National Association of Realtors® confirmed that only 30% of all commercial real estate transactions are all-cash. That is why for the vast majority of transactions, the prospective seller and their … Read More

GAC building new R&D centre in Michigan ahead of US launch

July 23, 2018 |

The facility, under construction on the site of GAC’s current US headquarters in the Detroit suburb of Farmington Hills, will initially employ just about 60 people.

The state-owned automaker received a $500,000 grant from the Michigan Strategic Fund in June … Read More

FRIEDMAN’S PHIL KONOPITSKI AND JORDAN FRIEDMAN SELL 71,407 SF INDUSTRIAL BUILDING IN DETROIT, MI

July 23, 2018 |

Farmington Hills, Michigan (July 24, 2018) – Friedman Real Estate, one of the nation’s leading providers of commercial real estate services, recently sold a 71,407-square foot industrial building located at 4000 & 4058 Beaufait in Detroit, Michigan.

Phil Konopitski, Senior … Read More

U.S. Property Sales Fall 8% in the First Half of 2018

July 20, 2018 |

Commercial real estate sales fell 8 percent in the first half after years of record trading left fewer high-priced properties on the market.

About $220 billion of office, industrial, hotel, multifamily and retail properties traded hands in the first six … Read More

The Business Case for Sustainability in Commercial Real Estate

July 18, 2018 |

Earlier this year ING issued a survey, which found that in the Americas, sustainability strategies have shifted from being a cost-cutting or brand reputation strategy to being a true revenue driver. This holds true for commercial real estate as well. … Read More

U.S. Commercial Property Values Surge in Niche Sectors

July 17, 2018 |

Student housing, manufactured homes and industrial property were the top performing commercial real-estate sectors in the past 12 months, according to new data from Green Street Advisors.

These three sectors outperformed the broader commercial property market, which saw values remain … Read More