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Detroit Commercial Real Estate News

As Office Sector Enters New Stage of Recovery, Cities in the Heartland Become Good Acquisition Bets 

Investment in office buildings in secondary markets is starting to pick up....

Detroit Fights for New Business With $270 Million Convention Center Expansion  

A $270 million transformation under way at Detroit’s Cobo Conference & Exhibition Center is already paying off. ...

Muskegon, Mich. Makes an Offer That's Hard to Refuse: Free Land 

Extraordinary times call for extraordinary measures in Muskegon County, Mich., where the unemployment rate rose from 13.9% in June to 14.9% in July. In a bold move to stimulate hiring, the city of Muskegon, the county and Dalton Township have joined forces to offer free land to companies that can guarantee 25 or more full-time jobs at one of two industrial parks. ...

Controversy Emerges Over Michigan Business Tax Credits for Industrial Owners 

Detroit, along with the rest of Michigan, is wrestling with two major tax issues that frequently involve litigation and have costly implications for owners of commercial and industrial properties. ...

Detroit: Challenging the Naysayers 

While there is no denying that metro Detroit remains in a deep economic slump, the degree to which lenders, investors and even retailers have shunned the Southeast Michigan market can’t be justified, say some local commercial real estate professionals ...

Never Say Die in Detroit 

In an ironic twist, amid one of the bleakest economic periods in Detroit's history, the city is celebrating the restoration of two landmark hotels downtown...

Detroit's Capital Drive 

While Detroit's Big Three were pleading for federal loans on Capitol Hill in the waning weeks of 2008 to avoid a collapse of the domestic automotive industry,...

Why Contrarian Investors Should Consider Detroit 

Although its economy is mired in a deep trough, Southeast Michigan is the best buy-side story in U.S. commercial real estate investing today, if you believe...

Quicken Loans Approves Detroit 

The Motor City may want to celebrate with a victory lap. The city's efforts to court technology-based businesses and expand its job base are beginning...

Wayne County Buys Detroit's Historic Guardian Building 

Wayne County has made a historic move with the purchase of the landmark Guardian Building in downtown Detroit. The Wayne County Commission approved issuing...

Betting on Detroit 

What happens in Las Vegas may stay in Vegas, but what's happening in Detroit is no secret. The Motor City has unveiled the $800 million MGM Grand Detroit...

Renovation of Detroit's Book-Cadillac Hotel Aims to Provide Spark for City 

Cleveland developer John Ferchill first began renovating historic buildings in the late 1970s because he was short on cash. He had developed a couple...

3D Problem Solvers 

After General Motors Corp. opened its 2 million sq. ft. Lansing Grand River vehicle manufacturing plant in 2001, a vice president at the automaker issued a challenge to GM's Worldwide Facilities Group: Improve factors such as cost, speed and safety by 25% on the next big project...

Affordable Housing Shortage 

When a new apartment development recently opened at 15th and Magnolia streets in Detroit, residents of the inner city applauded....

Photo Galleries

Hudson Yards Development

http://nreionline.com/photo_gallery/hudson_yardsCheck out images for Coach's new global headquarters, which will anchor the initial tower of the Eastern Rail Yards site within the 26-acre mixed-use Hudson Yards Development on Manhattan's far West Side.

Outstanding Women in Commercial Real Estate

From housing low-income families in Southern California to closing some of Manhattan's largest office leases, women leaders are using commercial real estate as a platform to reshape communities while they drive investor returns.

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Videos

2011 CoreNet Fall Summit Video Blogs

http://nreionline.com/video/corenet_thumbnail.jpgCheck out these great videos from the 2011 CoreNet Fall Summit in Atlanta...

 

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