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Industrial

FRIEDMAN’S MIKE KOENIGBAUGER AND AMIT HINGORANI SELL A 40,906 SQUARE FOOT INDUSTRIAL BUILDING IN DETROIT, MI

November 29, 2018 |

Farmington Hills, Michigan (November 29, 2018) – Friedman Real Estate, one of the nation’s leading providers of commercial real estate services, recently sold a 40,906 square foot industrial building located at 19045 & 19055 W Davison in Detroit, Michigan.

Mike … Read More

Amazon opens 100,000-square-foot facility in Broward

November 29, 2018 |

Amazon.com recently opened a 100,000-square-foot delivery center in Sunrise to speed up customer orders.

The Seattle-based online retail giant (Nasdaq: AMZN) is operating out of 251 International Parkway, in a facility previously used by Fanatics. It’s … Read More

FRIEDMAN’S PHIL KONOPITSKI LEASES 35,400 SF OF INDUSTRIAL SPACE IN PLYMOUTH, MI

November 28, 2018 |

Farmington Hills, Michigan (November 28, 2018) – Friedman Real Estate, one of the nation’s leading providers of commercial real estate services, recently leased 35,400 square feet of industrial space located at 41304 Concept Drive in Plymouth, Michigan.  The landlord, Skins … Read More

General Motors to Close 5 Plants in U.S. and Canada, Including Detroit-Hamtramck Assembly and Warren Transmission Operations

November 27, 2018 |

Detroit’s General Motors today announced it will close five plants in 2019 in Michigan, Ohio, Maryland, and Canada as part of a larger restructuring plan. The company expects the plan will save it $6 billion by the end of 2020.

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Local commercial sales approaching record high

November 27, 2018 |

It’s been a big year for Chicago commercial real estate deals.

Investors spent $16.3 billion on local commercial properties during the first nine months of the year, the most for that period since 2007, according to data from Real Capital … Read More

Report: U.S. Commercial Real Estate Pricing Growth Cools In Late 2018

November 27, 2018 |

Growth in U.S. commercial property prices decelerated in October to the slowest annual pace in 2018 so far, according to a new report by Real Capital Analytics.

The company’s U.S. National All-Property Index was up 6.4% from a year ago. … Read More

Commercial Real Estate Markets Largely Stabilize In Q2 2018

November 21, 2018 |

Ten-X Commercial, the nation’s leading online and only end-to-end transaction platform for commercial real estate, today released its latest CRE Volume & Pricing Trends report. The analysis found that CRE transaction volume totaled $111.4 billion in the second quarter of 2018, a … Read More

CRE Sector at Crossroads as Investors Navigate Headwinds, Report Finds

November 6, 2018 |

An abundance of capital, solid economic fundamentals, and favorable demographics will continue to buoy commercial real estate, though each sector is facing some headwinds. Companies can gain competitive advantage by focusing on mixed-use properties where the synergies among multifamily, office, … Read More