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Industrial Archives - Friedman Market Spotlight

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

Multifamily Outperforms While Pricing Across All Sectors Decrease

December 18, 2018 |

Source: Ten-X

Commercial real estate pricing ebbed for the second consecutive month in November, perhaps showing signs of pressure from rising interest rates and late cycle fundamentals. The Ten-X Commercial All Property Nowcast fell 0.2 percent from October, following … 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

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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Will Renewed Investment from Auto Companies Have an Effect on Detroit’s Industrial and Office Sectors?

November 2, 2018 |

Recent moves made by auto industry giants bode well for certain classes of commercial real estate in Detroit.

In 1913, Henry Ford introduced the world’s first moving automobile assembly line in Highland Park, Mich. That same year, the architects behind … Read More

FRIEDMAN’S LARRY SCHULTZ SELLS A 14,800 SQUARE FOOT INDUSTRIAL BUILDING IN HARRISON TOWNSHIP, MI

October 31, 2018 |

Farmington Hills, Michigan (October 31, 2018) – Friedman Real Estate, one of the nation’s leading providers of commercial real estate services, recently sold a 14,800 square foot industrial building located at 42600 Executive Drive in Harrison Township, Michigan.  RDMC, LLC … Read More