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Industrial

FRIEDMAN’S VICTOR LEWIS & KELLEN DUGGAN SELL A 55,000 SQUARE FOOT INDUSTRIAL PROPERTY IN CHICAGO, IL

February 7, 2019 |

Chicago, Illinois (February 7, 2019) – Friedman Real Estate, one of the nation’s leading providers of commercial real estate services, recently sold a 55,000 square foot industrial property located at 4931 – 5013 W. Armitage Avenue in Chicago, Illinois. This … Read More

eCommerce Continues to Drive Strong Industrial Market

February 2, 2019 |

The need for industrial properties will continue to increase as more and more companies begin to understand the importance of eCommerce. Not only will the growth of online businesses require additional space, but brick-and-mortar retailers who are rethinking their strategies … Read More

Cannabis Legalization Leads to Heightened Competition for Warehouse Space in Michigan

January 29, 2019 |

The state of Michigan voted in favor of legalizing recreational cannabis in November 2018. As regulatory details are being finalized, cannabis production has begun to gear up for future demand. Eager investors are already looking to capitalize by monitoring industrial … Read More

Commercial property values rise 35 percent in Detroit over past year

January 23, 2019 |

Commercial property values in Detroit rose 35 percent between 2017 and 2018 after the city completed its first citywide reassessment of commercial buildings in decades, Mayor Mike Duggan said Tuesday.

The overall value of commercial property in Detroit … Read More

Industrial Could Face Its Own ‘Housing Crisis’ in 2019

December 26, 2018 |

The industrial property sector’s lengthy run of historically strong demand and rent gains might actually work against it a bit going into 2019.

With vacancy now at a historic low of 4.7 percent and construction still not keeping up with … Read More

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