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As Retailers Go Dark, Mall Vacancies Reach Highest Level In 7 Years

October 10, 2018 |

In previous real estate cycles, all of the ingredients would have been in place to foster healthy retail absorption and lower vacancies. Not this time around.

Despite the nation’s strong economy, low unemployment levels and high consumer spending and confidence, … Read More

Grand Rapids-based Madcap Coffee to open Detroit shop

October 10, 2018 |

A Grand Rapids coffee company has brewed up plans to open a location in “the heart of Detroit” — but where exactly it isn’t saying.

Madcap Coffee Co. said Tuesday in a news release that it aims to open in … Read More

Aldi is remodeling scores of Florida stores

October 10, 2018 |

Discount grocer Aldi is about halfway through a project to remodel 83 stores in Florida by 2020 at a cost of $115 million.

More than 40 Aldi stores across the state will have been remodeled by the end of October, … Read More

Holiday Sales Expected To Grow Significantly This Season

October 3, 2018 |

The holiday appetite of the American shopper continues to grow, providing welcome news to both the retail and logistics industries.

U.S. holiday retail sales are expected to grow by 5% to 5.6% compared to last year, according to a report … Read More

Epidemic of empty stores threatens more metro Detroit shopping malls

October 2, 2018 |

An epidemic of shuttered storefronts and liquidating department stores continues to plague many of metro Detroit’s enclosed shopping malls, threatening the existence of some once-thriving properties that couldn’t keep up with retail changes or simply have too much empty space to fill.

“We are definitely over-malled, and … Read More

The 6 Best North American Movie Theater Chains

October 1, 2018 |

Retail landlords are increasingly turning to experiential retail tenants like movie theaters to drive traffic, but not all movie theaters are created equal.

The movie theaters of 2018 have amenities like reclining chairs, on-demand meals and cocktail bars, but how much … Read More

Gyms Are Expanding and Many are Eyeing Mall Vacancies

September 28, 2018 |

The fitness club sector is flexing its muscles.

Fitness and health clubs have grown to be a more than a $30-billion-a-year industry, according to research site Statista, with more than 36,000 clubs across the U.S. boasting more than 60 million … Read More


September 28, 2018 |

Farmington Hills, Michigan (September 28, 2018) – Friedman Real Estate, one of the nation’s leading providers of commercial real estate services, recently sold a NNN leased rite aid located at 20000 Grand River in Detroit, Michigan. Grand River Property Management, … Read More