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Office

FRIEDMAN’S GREG HORNBY SELLS AN 11,036 SQUARE FOOT OFFICE BUILDING IN RIVERVIEW, MICHIGAN

October 12, 2018 |

Farmington Hills, Michigan (October 12, 2018) – Friedman Real Estate, one of the nation’s leading providers of commercial real estate services, recently sold Kingsbury Office Park, an 11,036 square foot office building located at 14600 King Road in Riverview, Michigan. … Read More

Will an open office environment work for you?

October 5, 2018 |

Though people still talk about the corner office as a benchmark of success in the workplace, more and more companies are tearing out cubicles and private offices in favor of open floor plans with flexible furniture. The potential benefits of … Read More

Office Vacancy Rate unchanged in Q3 to 16.6%

October 4, 2018 |

Reis reported that the office vacancy rate was unchanged at 16.6% in Q3, from 16.6% in Q2 2018. This is up from 16.4% in Q3 2017, and down from the cycle peak of 17.6%.

From Reis Economist Barbara Denham: Defying … Read More

Alpine Electronics of America Moving Headquarters to Auburn Hills From California

October 3, 2018 |

Alpine Electronics of America Inc., a manufacturer of in-vehicle infotainment systems, today announced plans to move its headquarters for the Americas to Auburn Hills from Torrance, Calif., effective April 19, 2019. Some 100 employees are expected to make the move.

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FRIEDMAN’S DAN VERDERBAR SELLS A 7,440 SF OFFICE BUILDING IN LATHRUP VILLAGE, MICHIGAN

October 2, 2018 |

Farmington Hills, Michigan (October 2, 2018)  – Friedman Real Estate, one of the nation’s leading providers of commercial real estate services, recently sold a 7,440 square-foot office building located at 26401 – 26441 Southfield Road in Lathrup Village, Michigan. Village … Read More

Chicago doesn’t crack top 10 in new office development

September 27, 2018 |

If Jeff Bezos and his Amazon (NASDAQ: AMZN) business are interested in building HQ2 where new office development is in high gear, the online behemoth might well be headed to a rumored frontrunner for the company’s second headquarters, the Washington, … Read More

How Can Commercial Real Estate Investors Protect Their Property In The Digital Age?

September 25, 2018 |

With a growing number of employees working from home and 96% of people shopping online, protecting your commercial investment property is more important today than it has ever been.

Keeping commercial renters is becoming increasingly difficult, as more and more … Read More

Detroit Office Building Next to Cobo Center Goes up for Auction, Property Could be Developed for a Hotel

September 25, 2018 |

A three-story office building in Detroit’s central business district located across W. Congress Street from Cobo Center will be up for auction Sept. 25 to Sept. 27. The white terra cotta and brick building was appraised for $5 million earlier … Read More