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Retail

FRIEDMAN SELLS 4,900 SF RETAIL BUILDING IN FERNDALE, MI

May 22, 2017 |

Farmington Hills, Michigan (May 22, 2017) – Friedman Integrated Real Estate Solutions, one of the nation’s leading providers of commercial real estate services, recently sold a 4,900-sf retail building located at 700 Livernois in Ferndale, MI. The seller, Ida Art … Read More

Retail Vacancy Becoming More than Just a Class C Mall Issue

May 18, 2017 |

Other Segments, Including Power Centers and Specialty Centers, See Vacancy Increase for First Time in Five Years

Store closures have been the talk of the retail industry over the first four months of the year, with Sears-Kmart, JCPenney and Macy’s … Read More

Sprint to expand locally, create 250 jobs

May 9, 2017 |

Wireless service provider Sprint is doubling down on South Florida with more than a dozen new stores, creating more than 250 local jobs.

The Overland Park, Kansas-based company, which established regional headquarters in Doral last year, said it … Read More

Corktown to get $150 million facelift for mixed-use development

May 8, 2017 |

DETROIT (WXYZ) – Detroit’s Corktown is preparing for it’s largest facelift since the Detroit Tigers left the area.

Monday marks the groundbreaking for “Elton Park.” The development team behind it, Soave Enterprises, touts it as a $150 million mixed-use development … Read More

Historic firehouse to hot hotel: Repurposed buildings revel in their colorful pasts

May 4, 2017 |

This spring, at Detroit’s former Fire Department headquarters, uniformed “first-responders” will be making wake-up calls and delivering room-service breakfasts.

The 1929 neoclassical downtown landmark is set to open May 15 as the 100-room boutique Detroit Foundation Hotel. It’s part of … Read More

$10M redevelopment begins at vacant St. Charles school

May 2, 2017 |

Detroit — St. Charles, a vacant Catholic school on Detroit’s lower east side, will rise again after a $10 million renovation converts the vacant building into 25 residences and adds 10 apartments next door.

Calling it the “grand jewel” of … Read More

How to Survive a Retail Meltdown

May 1, 2017 |

Cities and suburbs are getting clobbered by the collapse of the retail sector. But there are ways to use the crisis as a way to speed long-overdue land use reforms.  

The proliferation of half-vacant shopping centers and abandoned malls … Read More

$77 million plan set for vacant Wigle Recreation Center site

April 27, 2017 |

Developers will spend $77 million to bring more than 335 new residential units, 8,000 square feet of retail space and a 1 acre of public open space to the vacant site of the former Wigle Recreation Center in … Read More