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Detroit steps in again to offer manufacturing might in coronavirus fight

RCO Engineering typically manufactures interior components for General Motors, Lear and other automotive suppliers at its Roseville manufacturing campus. But now it’s making hospital face shields — ramping up from 3,500 per day Friday to 30,000 per day by April 2. RCO is one of 600 Michigan companies heeding the call to assist in the […]

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Distilleries pivot from whiskey to hand sanitizer in wake of coronavirus shortage

Detroit City Distillery’s Michael Forsyth hasn’t yet had a chance to fully consider the impact the coronavirus will have on his business and community. Instead, he’s been compelled to take action in an unexpected way: producing hand sanitizer in bulk for hospitals, first responders and government entities. Distilleries across the region such as Ann Arbor […]

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Relief programs for small businesses spin up

Help from entities big and small is making its way to Main Street businesses across Michigan. Beyond the federal $2 trillion stimulus plan signed late last week, the state, Southeast Michigan municipalities and entrepreneurial support entities are pushing forward with their own programs aimed to throw a lifeline to small businesses. Michigan’s economic performance had already been […]

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Industrial park in Three Rivers now filled

Three Rivers Industrial Development Authority reached a milestone last year, when an Indiana-based company bought more than 60 acres of property at Three Rivers Area Enterprise Park. TekModo’s purchase of more than 40 acres last year signaled TRIDA fulfilling its mission of selling all the property within the industrial park. The park, opened in the […]

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‘Ton of jobs’ available in Lucas County, and thousands of workers needed to fill them

When the University of Toledo told her last week that her job in the dean’s office was ending until at least May, Chloe Smith panicked — how would she pay rent? That day, she saw an ad seeking cashiers, baggers, and shelf stockers at Walt Churchill’s Market and applied. She was on a new payroll […]

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Design plans for Downtown Kalamazoo Justice Facility moving along

Design plans for the new Downtown Justice Facility are moving along, according to designers of the project. According to county documents, the new building will be a five-story, 165,000 sq. foot facility. It will be located next to the Kalamazoo County Administration Building along Kalamazoo Avenue and serve as the consolidated base of County courts, prosecuting […]

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Coronavirus not slowing down most development projects

At least one major economic development project in northwest Ohio is at a standstill due to the coronavirus outbreak, but for now, most developers and officials remain optimistic about the future. Construction workers are exempt from Gov. Mike DeWine’s stay-at-home order, but Cleveland-Cliffs announced last week that it is pausing work on a hot briquette […]

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Working From Home But Keeping Connected

To limit exposure to the coronavirus, many companies across the U.S. are urging, and some are mandating, that employees work from home. Plenty of employees are embracing the new rules, happy to avoid their daily commute and to work in their pajamas. But when a company’s employees are suddenly no longer under one roof, it […]

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How to Navigate This New Normal

We are in the middle of the largest test of remote work in history. As such, most of the national workforce is going through many “first times” together. Some of us have enjoyed remote access for years, while others are figuring it on the fly. All of us are determining how to be productive in […]

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Veoneer Opens New North American Technical Competence Center in Southfield

Veoneer, an advanced driver assistance systems and autonomous driving system supplier based in Sweden with a Southfield location, has opened its new North American Technical Competence Center in Southfield. The new complex will include office and automotive testing spaces and focus on autonomous driving and active safety systems. “This new building offers an inspired home […]

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Marelli plans new headquarters in Southfield, moving from Auburn Hills, Farmington Hills

Less than a year after Fiat Chrysler Automobiles sold its Magneti Marelli components business, the new iteration of the supplier is planning to open a North American headquarters for 500 employees in Southfield in the old Federal-Mogul building. Marelli, the new name for the supplier, plans to consolidate its operations — currently two facilities in Auburn […]

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Year-round ice skating rink to come to Sterling Heights’ Lakeside Mall

More details about the redevelopment of Lakeside Mall continue to emerge and new features of the shopping center include an ice skating rink, a food truck and pop up market space. City officials on Friday released details from the company that purchased the mall in December, Out of the Box Ventures LLC, a subsidiary of […]

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Industrial market inspiring a greater confidence in Detroit

How strong is the industrial market today in Detroit? Look at this market’s vacancy rate. Ashley Capital reported that in the fourth quarter of 2019, the industrial vacancy rate here had dropped all the way to 3.6 percent. That’s an impressive figure, and it’s far from the only one associated with Detroit’s industrial sector. Ashley Capital reported, too, […]

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Michigan’s first Amazon-branded store coming to Somerset Collection

Michigan’s first Amazon.com Inc.-branded retail store is coming Wednesday to Somerset Collection. Amazon 4-star opens at 10 a.m. in approximately 4,500 square feet in the Troy mall. It’s the latest addition to Amazon’s roster of brick-and-mortar outposts across the U.S., and sells a selection of home goods, electronics, books and other products that are highly […]

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Department store expands to Grand Rapids area

A Wisconsin-based retailer will be opening a store in Kent County. A groundbreaking ceremony for a new Blain’s Farm & Fleet location in the city of Walker will be held at 2 p.m. March 5 at 145 Wilson Ave. NW. The 106,000-square-foot store will be located in the Standale shopping district next to Meijer at the corner […]

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Kalamazoo plans to issue $68M in bonds for city improvements

The city of Kalamazoo is planning to issue bonds in three categories that total $68.25 million, to fund improvements to the city’s water and wastewater system, and make capital improvements. At a March 2 meeting, the Kalamazoo City Commission adopted three “notice of intent” resolutions, for the issuance of 2020 Capital Improvement Bonds up to […]

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City of Toledo to welcome Amazon delivery station to old Southwyck Shopping Center location

On Friday, Toledo Mayor Wade Kapszukiewicz announced that Amazon intends to build and operate a new delivery station on the site of the former Southwyck Shopping Center in South Toledo. Legislation will be presented to Toledo City Council next week authorizing the city to enter into a purchase agreement with Amazon for the sale and […]

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Uptown demolition approved for mixed-use project

The Toledo Plan Commission on Thursday approved the proposed demolition of three dilapidated add-on buildings on Madison Avenue near the main Toledo Lucas County Public Library downtown to allow for a new retail and residential development. During a public meeting at One Government Center, the commission members voted 5 to 0 to allow Crane Development […]

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Pontiac firm to open longest enclosed pedestrian bridge in US

The city of Pontiac will soon be home to what is being called the nation’s longest enclosed pedestrian bridge. Fast-growing mortgage firm United Shore Financial Services announced Thursday that it has obtained city approval to construct the 1,000-foot-long, 26-foot-wide bridge across South Boulevard. The $20 million bridge will connect the firm’s existing headquarters to its recently […]

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Ann Arbor’s U-M Receives $10M to Open Real Estate Center

The Stephen M. Ross School of Business at the University of Michigan in Ann Arbor will launch a real estate center that will offer a suite of practice-oriented courses thanks to a $10 million gift from Ron Weiser, a regent and alumnus of U-M. Students at the Weiser Center for Real Estate will learn from […]

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US Signal to open Van Buren Township data center in early March

US Signal, a Grand Rapids-based IT consulting firm and data center operator, plans to open its fourth Michigan data center in Van Buren Township in the first week of March, the company announced this week. Announced in late 2018, the facility will open with 25,000 square feet of data center floor space and can expand […]

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After $1B invested in St. Clair County in 2019, officials aim to grow

Over $1 billion was invested in St. Clair County in 2019, and county officials are working to keep that momentum going. The Economic Development Alliance of St. Clair County held a luncheon this week with stakeholders, economic partners, community leaders and keynote speaker Amanda McClanahan, Michigan Economic Development Corporation’s chief operating officer. The region’s economic success for 2019 was celebrated, […]

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Roseville accepting proposals for Utica Junction development

Roseville is taking applications from developers who are interested in developing two sites in the Utica Junction area that are owned by the city. Roseville officials are hoping this will help efforts to revitalize the area around Utica Road and Gratiot Avenue. The city also will be offering incentives for certain developments that could help […]

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Drug company making $113M oral care acquisition

A drug manufacturer with a major West Michigan presence is acquiring the oral care assets of a company that is in bankruptcy proceedings. Dublin, Ireland-based Perrigo — which has its North American headquarters in Allegan — said Monday that it has reached a definitive agreement to acquire the oral care assets of High Ridge Brands for $113 […]

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Airport leaders hope to build a drone park in Battle Creek

The director of the Battle Creek Executive Airport at Kellogg Field said he plans to bring Battle Creek into the next generation of unmanned aviation. “It’s the future,” Larry Bowron said of the airport’s plans. “It’s the things that we dreamt of when we looked at the back of Popular Mechanics and saw the jet […]

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Logistics park could bring 2,000 jobs to Wood County

A new logistics park estimated to cost as much as $150 million and with the potential to bring 2,000 jobs to Henry Township is one step closer to becoming reality. Wood County commissioners voted Tuesday to approve a community reinvestment area for Kansas City-based NorthPoint Development. The firm, which specializes in helping companies build out […]

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Steel Manufacturing Company Coming to Northwest Ohio

A premier steel manufacturing company has announced plans to open a new pipe and tube production facility in Northwest Ohio. Nova Tube & Steel, LLC will install two new tube mills in Delta, Ohio creating 100 new jobs in the Fulton County community. The new facility will produce hollow structural sections (HSS) and standard pipe. […]

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Simon’s $3.6B Taubman Buy a Positive Sign for Class A Malls

Simon Property Group Inc.’s pending acquisition of an 80 percent interest in Taubman Centers Inc.’s The Taubman Realty Group LP will give Simon majority ownership of some of the highest quality malls in the U.S. And the $3.6 billion price tag on the 25 million-square-foot portfolio serves as a vote of confidence in the future of premier […]

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Key development projects slated to impact Downriver in the years ahead

The Detroit Regional Partnership, an economic development nonprofit, held the Downriver Economic Development Summit on Monday, where a number of new projects impacting the region were discussed. Gordie Howe International Bridge The Gordie Howe International Bridge soon will give travelers a new route between the United States and Canada. An agreement for the new bridge […]

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Detroit Seeks Partners to Rehabilitate Historic Fort Wayne

The city of Detroit’s General Services Department, Parks and Recreation Division is seeking public and private partners to help revitalize and activate Historic Fort Wayne, which sits in the city’s Delray neighborhood. The goal is to make it a high-visibility location adjacent to the future site of the Gordie Howe International Bridge entrance. Partners can […]

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Plans underway to replace mobile home park on Cass Lake with luxury apartments

A post-World War II mobile home park in Keego Harbor may be replaced with a luxury apartment complex. Within about two years, Ara Darakjian and his Birmingham-based Tir Equities LLC hopes to begin construction on the 5.33-acre site on Orchard Lake Road overlooking Cass Lake in the tiny Oakland County community nestled between Sylvan Lake […]

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Lyon Township Planning Commission gives nod to Amazon facility

Amazon Inc. wants to put a nearly 87,000-square-foot distribution facility in Lyon Township. During its meeting Monday, Lyon Township’s Planning Commission recommended approval of the plans for the facility that would occupy a vacant building along Grand River Avenue on Automation Boulevard. The online retailer wants to use the land for a distribution center and temporary parking area […]

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Muskegon County busy with redevelopment projects

With a $19 million convention center underway, several projects on the waterfront, a micro hotel and some mixed-use buildings, downtown Muskegon has become an epicenter of development activity along the lakeshore. “We are in a historic transformation,” said Dave Alexander, the business development manager for the city of Muskegon. While downtown Muskegon remains arguably the […]

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Family farm to auction off land

A local family farm is auctioning off almost 300 acres. After four generations of family farming, Slocum Farms LLC decided to downsize and sell 282 acres of prime farming real estate. “We’ve decided to size down and centralize our operation by selling some property that possesses fabulous opportunity,” said Denise Pagura, owner of Slocum Farms. […]

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Old Fort manufacturer plans expansion, 60 new jobs to be created

A major manufacturer of household packaged goods plans to invest $38 million to expand its plant in Old Fort in Seneca County, the Regional Growth Partnership said Tuesday. Church & Dwight Co. Inc. of Ewing, N.J., said it will expand its production and warehouse space to make room for new product lines, creating 60 jobs […]

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Potential suitors eyeing Speedway

Marathon Petroleum Corp.’s Speedway gas-station division has drawn interest from potential buyers including the owner of convenience-store chain 7-Eleven as well as TDR Capital, people familiar with the matter said. Seven & i Holdings Co., the Japanese company that controls 7-Eleven, is working with advisers as it considers a takeover of Speedway, according to the […]

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ROB KELEGHAN ACHIEVES SIOR DESIGNATION FROM THE SOCIETY OF INDUSTRIAL AND OFFICE REALTORS® (SIOR)

Rob Keleghan of Signature Associates has earned the prestigious Society of Industrial and Office Realtors® (SIOR) and joins 11 other SIOR members from Signature Associates. SIOR is the leading professional commercial and industrial real estate association and represents today’s most knowledgeable, experienced, and successful brokerage specialists.   The SIOR is a selective organization, and to […]

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CHIP HURLEY ELECTED AS PRESIDENT FOR THE COMMERCIAL ALLIANCE OF REALTORS WEST MICHIGAN® (CARWM) FOR 2020

Chip Hurley of Signature Associates was elected President of the Commercial Alliance of Realtors West Michigan® (CARWM) for the 2020 term. Chip has been a commercial broker for 24 years and has received both his CCIM and SIOR designations. He is also a member of the National & Michigan Association of Realtors.   As President […]

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BorgWarner says Delphi purchase will help it move faster to electric cars

Delphi Automotive, the former parts division of General Motors, spun off its powertrain operations more than two years ago. The remaining business was called Aptiv, with a mission to focus on self-driving and connected vehicle technology. It was seen as a sign of things to come. Now, a new chapter is being written for the powertrain […]

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GM’s Detroit-Hamtramck Assembly to Become First Plant Dedicated to Electric Vehicles Through $2.2B Investment

General Motors Co. in Detroit today announced a $2.2 billion investment in its Detroit-Hamtramck assembly plant to produce all-electric trucks and SUVs. The plant will be the company’s first fully dedicated electric vehicle assembly plant. Renovations are expected to begin at the end of February. GM’s first all-electric truck will be a pickup with production […]

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Ypsilanti Township’s American Center for Mobility to Develop Technology Park

The American Center for Mobility in Ypsilanti Township announced it now has site-ready real estate for the development of a Technology Park at Willow Run. The space will provide opportunities for mobility companies to co-locate next to the center’s already established Smart City Test Center. Since opening two years ago, more than 50 global automotive […]

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Grand Rapids ranks No. 3 among large cities for ‘thriving’ manufacturing

Grand Rapids was ranked third among large cities where manufacturing is “thriving,” according to a new study. AdvisorSmith, a financial services advisory startup based in New York, ranked Grand Rapids at No. 3 over other large cities such as Hartford, Connecticut; Greenville, South Carolina; Detroit; and San Francisco. According to the report, manufacturing output per […]

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Grand Rapids’ The Right Place Supports Peterson Farms Expansion, New Community Transformation Fund

Peterson Farms Inc. in Shelby, Mich., north of Muskegon, has announced a $22 million expansion of its operations that will add 54 jobs. The project has the support of The Right Place Inc., the Oceana County Economic Alliance, the Michigan Economic Development Corp., Michigan Community Capital, and Michigan Departments of Agriculture and Rural Development. The […]

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Mall adding four stores

Coming off of a storm of activity in 2019, Woodland Mall announced its latest lineup of new and first-to-market retailers for 2020. Champs Sports, a major North American specialty sports retailer, will be the first of four stores to open at the mall, followed by Aéropostale, Sephora and White House Black Market. These new retailers […]

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GM bids to buy land for a new battery factory in Lordstown

General Motors wants to build a new battery factory in Lordstown, Ohio, right next door to its former car assembly plant that it shuttered and sold last year. The automaker said it has a purchase agreement to buy a 158-acre vacant site in Trumbull County, Ohio. It is land GM once owned, but surrendered during its 2009 bankruptcy. GM is also in discussions with Village […]

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Georgio’s Cafe plans to add Sylvania location

Georgio’s Cafe International, a popular downtown restaurant serving Mediterranean cuisine for more than three decades, plans to add a second location next month in Sylvania. The new Georgio’s Grill will hit the ground running by taking over the site of another restaurant now in the process of closing — the 5th Street Pub, at 5577 […]

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ProMedica puts Coldwater Regional Hospital up for sale

ProMedica healthcare system said Tuesday that it has initiated steps to sell its Coldwater Regional Hospital in Coldwater, Mich., one of its 13 hospitals owned or managed by the Toledo-based not-for-profit entity. Located 100 miles northwest of Toledo, Coldwater Regional is an 87-bed acute care hospital that ProMedica has operated since February, 2016. The Toledo […]

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Google signs lease for old printing facility of The Ann Arbor News

Tech giant Google is quietly growing its footprint in Washtenaw County. The company signed a lease for a space at 5690 Hines Drive in Pittsfield Township, a Google spokesperson said in an email. It is unclear what the company plans to do with the space. The property formerly housed a printing facility for The Ann Arbor News […]

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New report aims to map investment in Washtenaw County, increase investment in undercapitalized areas

A group of community partners is launching a new initiative to map investment activity across Washtenaw County with the goal of building a more inclusive economy for all residents. The 2020 Washtenaw County Capital Report is being spearheaded by Ypsilanti-based investment advisory firm Revalue and the Ann Arbor Area Community Foundation (AAACF). They have also […]

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Baker College’s new campus building in Royal Oak could rise nearly 100 feet, cost $27.6 million

More specifics of a planned new campus building for Baker College in downtown Royal Oak that would alter the suburb’s skyline are revealed in a pair of documents obtained by Crain’s. A request for proposals for construction managers verifies many of the details reported last month about the private college’s efforts to construct a consolidated campus building […]

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Lakeside Mall sold to developer with plans beyond retail

Lakeside Mall has been sold to a Miami group that says it will add other uses beyond shopping to revive the Sterling Heights shopping center, according to Sterling Heights city officials. The deal on the struggling mall was completed Tuesday. The mall’s previous owner, General Growth Properties Inc., defaulted on its $144 million mortgage, Sterling Heights officials said. Earlier this year, Lord […]

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Commerce Township expecting 2020 groundbreaking for new $100M retail center

Sometime this year, Commerce Township is anticipating a groundbreaking to a downtown that has been talked about since 2002 on the northeast corner of Pontiac Trail and Martin Parkway. The developers, Robert B. Aikens and Associates, plan to create an entertainment center for families to enjoy which will include restaurants, retail shops, a high-end grocery […]

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Mixed-use development in downtown Muskegon gets $1.5 million in state funding

The state of Michigan is providing funding assistance for a new mixed-use development in downtown Muskegon. The Michigan Strategic Fund voted Tuesday to award Sweetwater Development Partners LLC financial assistance in the amount of $1.5 million through the Michigan Community Revitalization Program. The request supports an $8.9 million project that includes a six-story mixed-use building called […]

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Allegan County offers diversity of properties, development opportunities

The various pockets of development in Allegan County make the area difficult to define in broad strokes.  To the west, there’s the Lake Michigan shoreline, dotted with high-end homes and the resort community of Saugatuck, as well as a corner of the city of Holland that includes the West Michigan Regional Airport. In the middle of […]

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Redevelopment coming to former Elder-Beerman, Sisters of Notre Dame properties

New businesses are being proposed at currently vacant sites along Secor Road. The largest proposed development would come to the former Elder-Beerman department store location at 3301 Secor Road, which closed in July, 2018, after parent firm Bon-Ton Stores went bankrupt. The closure left a 154,000-square-foot, two-story building empty. According to Toledo Plan Commission documents, […]

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SIGNATURE TEAM CARES RAISES $3,000 FOR SCHOOL SUPPLIES FOR INCOMING FRESHMEN AT DETROIT CRISTO REY

SOUTHFIELD, MICHIGAN—September 3, 2019— Signature Team Cares raised $3,000 to purchase school supplies and backpacks for the 120 incoming freshmen at Detroit Cristo Rey High School. On August 16, our team had the honor of presenting each member of the freshman class of 2023 with their own backpacks full of supplies to help them succeed […]

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SIGNATURE TEAM CARES DONATES SUPPLIES FOR FOSTER CHILDREN TO OAKLAND COUNTY FOSTER CLOSET

SOUTHFIELD, MICHIGAN—July 15, 2019— This Summer, Signature Team Cares collected supplies for Signature First Night Bags to be donated to Oakland County Foster Closet. Foster families often struggle financially when welcoming a new foster child due to a lack of necessities and many foster children must resort to carrying around their belongings in trash bags. […]

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SIGNATURE ASSOCIATES HOSTS COMPANY-WIDE VOLUNTEER EVENT AT GLEANERS COMMUNITY FOOD BANK

SOUTHFIELD, MICHIGAN—April 26, 2019— Signature Associates held a company-wide volunteer effort on April 26 at Gleaners Community Food Bank in Downtown Detroit which included Signature professionals from our eight regional offices. Throughout the day, Signature Team Cares worked together to impact over 24,000 Southeastern Michigan residents by redistributing and packing food along with restocking and […]

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SIGNATURE TEAM CARES RAISES FUNDS FOR THE LEUKEMIA AND LYMPHOMA SOCIETY

SOUTHFIELD, MICHIGAN—April 8, 2019— This year, Signature Team Cares decided to have some fun and raise money for the Leukemia & Lymphoma Society, a charitable organization that is close to our hearts. We organized a bake sale and jars were placed around the office, each one representing either the New England Patriots or the Los […]

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SIGNATURE TEAM CARES VOLUNTEERS AT CAPUCHIN SOUP KITCHEN THROUGHOUT THE YEAR

SOUTHFIELD, MICHIGAN—March 25, 2019— In January 2019, Signature Team Cares created a partnership with Capuchin Soup Kitchen that has allowed many members of Signature Associates to volunteer their time. Throughout the year we have had seven opportunities for teams of 6 people to serve lunch to those in need. Capuchin Soup Kitchen has two locations […]

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SIGNATURE HAS BEEN AWARDED THE REPRESENTATION OF 75,206 SQUARE FEET OF OFFICE SPACE IN DETROIT, MICHIGAN

SOUTHFIELD, MICHIGAN—December 10, 2019— Signature Associates has been awarded the representation of 75,206 square feet of office space located at 1155 & 1333 Brewery Park Boulevard, Detroit, Michigan. This is a premier office campus located in the heart of Downtown Detroit and just steps away from Eastern Market. The one-of-a-kind site is also easily accessed […]

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Holistic Industries to build $20 million medical marijuana grow, retail facility in Madison Heights

A Washington, D.C.-area cannabis company, Holistic Industries, plans to build a $20 million Michigan headquarters in Madison Heights. The company aims to redevelop the vacant former Fairlanes Bowling hall property near 12 Mile Road and I-75, according to a news release, and build a 65,000-square-foot medical marijuana center for growing, processing and retail. It expects […]

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The Future of Industrial Real Estate

Prologis Inc., the largest warehouse provider in the U.S., wrapped up construction of a three-story distribution center in Seattle in October of last year. The 590,000-square-foot project, called Georgetown Crossroads, is the nation’s first logistics property to have multiple floors that are serviceable by large delivery trucks. Amazon has reportedly agreed to take up about […]

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SIGNATURE HAS BEEN AWARDED THE REPRESENTATION OF 6,780 SQUARE FEET OF RETAIL SPACE IN BIRMINGHAM, MICHIGAN

SOUTHFIELD, MICHIGAN—November 18, 2019— Signature Associates has been awarded the representation of 6,780 square feet of retail space located at 670 S. Old Woodward Avenue, Birmingham, Michigan.   Angela Thomas and Erica Dunlap, the ÆRES Team of Signature Associates, are the listing brokers representing the owners, Azar and Hormoz Allzadeh. About ÆRES Team The ÆRES […]

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5 notable construction projects from West Michigan

Contractors are capping off another busy year for developments across West Michigan. From the largest mixed-use project in downtown Grand Rapids history, to new modern buildings in historic areas, these are five notable projects from around the region on the radar for MiBiz this year. Here’s a closer look at them. 10 Ionia Architect: Yamasaki Associates Inc., Troy […]

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Detroit Athletic Club may expand footprint north of downtown building

The Detroit Athletic Club is looking into an expansion downtown. What precisely that will include will be hashed out in the next eight to 10 months as Detroit-based architecture and planning firm Rossetti Associates Inc. comes up with a new master plan. That process is expected to begin next month. In an article in its […]

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SIGNATURE LEASES 78,822 SQUARE FEET OF INDUSTRIAL SPACE IN BROWNSTOWN TWP., MICHIGAN

SOUTHFIELD, MICHIGAN—November 15, 2019— Signature Associates has negotiated the sublease of 78,822 square feet of industrial space located at 18640 Dix-Toledo Road, Brownstown, Twp., Michigan.   Brad Viergever and Alex Timmis of Signature Associates represented the sub-landlord, ProTrans International Inc. Brad also represented the sub-tenant, K&M Express, LLC.   About Signature Associates Signature Associates (www.signatureassociates.com), […]

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After years of delays, Five & Main project moving forward in Commerce Township

A Commerce Township development long in the works is moving forward as a developer has purchased more than 30 acres of land for a new lifestyle center. Birmingham-based Robert B. Aikens & Associates LLC has closed on the $4.25 million purchase of about 34 acres for the first phase of what is being referred to […]

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Kelly Services renovating headquarters, consolidating space with sale-leaseback deal

A sale-leaseback deal expected to close early next year will result in a real estate musical chairs for Troy-based Kelly Services Inc., which is consolidating employees into a renovated headquarters building and another building nearby. The publicly traded staffing company (NASDAQ: KELYA, KELYB) on Thursday announced a pending sale of three of its owned properties, […]

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SIGNATURE LEASES 3,931 SQUARE FEET OF INDUSTRIAL SPACE IN BIRMINGHAM, MICHIGAN

SOUTHFIELD, MICHIGAN—November 10, 2019— Signature Associates has negotiated the lease of 3,931 square feet of industrial space located at 2450 Cole Street, Birmingham, Michigan.   Angela Thomas and Erica Dunlap, the ÆRES Team of Signature Associates, represented the tenant, Functional Fitness Group, LLC. About ÆRES Team The ÆRES Team was born in 2017 with the […]

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GM, LG Chem to build battery-cell plant in northeast Ohio

General Motors Co. and LG Chem will invest $2.3 billion in northeast Ohio to build a battery-cell manufacturing plant, the companies announced Thursday. The joint venture in the area of the former GM Lordstown Assembly plant will break ground in mid-2020. More than 1,100 new jobs will be created through the investment in the region that was rattled when […]

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Women entrepreneurs and business owners on the rise in Ohio

As a little girl, Stephanie Johnston dreamed about owning her own business, but after spending nearly 18 years in the corporate world, including nearly eight years at Owens-Illinois, it seemed as though her career track was becoming defined by Wall Street. “Don’t get me wrong, I’m a huge fan of my time at O-I. But […]

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Bank opens regional office downtown

A bank has unveiled its new regional corporate office and banking center inside a newly completed high-rise downtown. TCF Bank, a subsidiary of TCF Financial Corporation, which merged with Chemical Bank this summer, hosted a ribbon-cutting ceremony Dec. 10 for its new regional corporate office and banking center in downtown Grand Rapids, at 150 Ottawa […]

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SIGNATURE HAS BEEN AWARDED THE REPRESENTATION OF 77,050 SQUARE FEET OF INDUSTRIAL SPACE IN AUBURN HILLS, MICHIGAN

SOUTHFIELD, MICHIGAN—November 16, 2019— Signature Associates has been awarded the representation of 77,050 square feet of industrial space located at 4280 N. Atlantic Boulevard, Auburn Hills, Michigan.   Joe Banyai of Signature Associates, is the listing broker representing the owner, Core Development Real Estate. About Signature Associates Signature Associates, with offices in Southfield, Detroit, Lansing, […]

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SIGNATURE LEASES 63,470 SQUARE FEET OF HI-TECH SPACE IN MADISON HEIGHTS, MICHIGAN

SOUTHFIELD, MICHIGAN—November 26, 2019— Signature Associates has negotiated the lease of 63,470 square feet of hi-tech space located at 800 Tech Row, Madison Heights, Michigan.   Paul Hoge and Gary Stephens of Signature Associates represented the landlord, Jo Drive Ventures, LLC. This move represents a consolidation of Mopec.   About Signature Associates Signature Associates (www.signatureassociates.com), […]

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SIGNATURE LEASES 1,600 SQUARE FEET OF RETAIL SPACE IN BENTON HARBOR, MICHIGAN

SOUTHFIELD, MICHIGAN—November 5, 2019— Signature Associates has negotiated the lease of 1,600 square feet of retail space located at 1950 Pipestone Road, Benton Harbor, Michigan.   Angela Thomas and Erica Dunlap, the ÆRES Team of Signature Associates, represented the tenant, Ross Education, LLC. About ÆRES Team The ÆRES Team was born in 2017 with the […]

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SIGNATURE SELLS 3,307 SQUARE FOOT BUSINESS OPPORTUNITY IN MUSKEGON, MICHIGAN

MUSKEGON, MICHIGAN—November 6, 2019— Signature Associates has negotiated the sale of the C & K Convenience Store located at 1196 Shettler Road, Muskegon, Michigan.   Jim Olsen of Signature Associates represented the seller, C & K Convenience Store and the purchaser, Clems Market, LLC.   About Signature Associates Signature Associates, with offices in Southfield, Detroit, […]

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SIGNATURE SELLS 3,060 SQUARE FOOT BUSINESS OPPORTUNITY IN MUSKEGON, MICHIGAN

MUSKEGON, MICHIGAN—November 9, 2019— Signature Associates has negotiated the sale of the 3,060 square foot Dog House Saloon located at 1940 E. Laketon Avenue, Muskegon, Michigan to 1940 E. Laketon, LLC. Jamie Hughes of Signature Associates represented the seller, Dog House Saloon. About Signature Associates Signature Associates, with offices in Southfield, Detroit, Lansing, Grand Rapids, […]

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SPOTLIGHT: PETER WALOCKO

This year, one of our founding principles, Peter Walocko was honored at the First Division Museum at Cantigny in Wheaton, IL. Chosen as one of six out of 100,000 Vietnam Veterans, he spent two hours with a camera crew recounting his experiences in the Vietnam War and became part of the Soldier’s Story – Interactive […]

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Michigan Moves up to 12th in Nation for Doing Business

Michigan was ranked 12th among the top states for doing business, according to the Tax Foundation’s 2020 State Business Tax Climate Index that was released this week. The new ranking is up five spots from last year, and Michigan is one of only two Midwest states to be in the top half of the rankings. […]

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The Mall at Partridge Creek in Clinton Township Adds Four Retailers

The Mall at Partridge Creek in Clinton Township is adding American Eagle/Aerie, Burger Fin, Detroit Axe, and lululemon to its outdoor shopping center. American Eagle/Aerie, a lifestyle clothing and accessories retailer and its lingerie sub-brand, is set to debut in the fourth quarter. The combined store will encompass about 10,800 square feet. Burger Fin, a […]

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Former Flint Delphi site being readied for redevelopment

A $36,000 state grant is being used to promote new development at Flint’s former Delphi Flint East property, a part of nearly a half-million in grants supporting the Flint & Genesee Chamber of Commerce programs focused on economic and community growth. The site readiness program grant from the Michigan Economic Development Corporation will help get […]

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SPOTLIGHT: ROB KELEGHAN

What do clowns, world travelers, and storm chasers have in common? Signature’s Rob Keleghan! Over the past 4 years with Signature, Rob has shown that he has a passion for industrial and investment commercial real estate and is committed to finding the best results for each of his clients. Recently, he was named a Principal […]

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Monroe to purchase former La-Z-Boy headquarters, plans to redevelop site

La-Z-Boy Inc. has sold its former headquarters and surrounding 26 acres to the city of Monroe, which plans to demolish the buildings next year and then redevelop the area into housing and retail stores. The sale was announced Friday and is the first step by Monroe to implement a “subarea” plan developed in March. La-Z-Boy, […]

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New distribution center creating up to 766 jobs

An out-of-state developer is breaking ground on a distribution center in the region for a major shipping company. The Kalamazoo County Board of Commissioners recently approved a brownfield plan for the construction of a FedEx distribution center in Portage, at 6701 Portage Rd. Indianapolis-based Scannell Properties will redevelop the property with the construction of a […]

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Fortune 500 company coming to spec building near Toledo Express

Developer Ed Harmon, whose gamble on an industrial spec building at the old Willys Jeep plant site morphed into a bustling industrial park with three auto suppliers and 600 workers, has purchased a vacant spec building near Toledo Express Airport to be used by a Fortune 500 company that plans to hire between 50 and […]

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GM confirms its sale of shuttered Lordstown plant

General Motors Co. confirmed Thursday it has sold its shuttered Lordstown Assembly plant in Ohio to a start-up that has an ambitious plan to begin building electric pickup trucks by the end of 2020. Lordstown Motors Corp., which is 10 percent owned by Workhorse Group Inc., has retained Ohio investment bank Brown Gibbons Lang & […]

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Cascade looks into relocating office

Cascade Township officials are exploring the use of a vacant manufacturing headquarters as a potential site for a consolidated township office. The township board signed an agreement with an option to purchase the property at 5920 Tahoe Drive SE from Tahoe Associates LLC after the successful completion of a due-diligence period ending Dec. 12. If […]

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Engineering firm moves into West Michigan market

An engineering firm from the state’s east side is setting up operations in West Michigan. Rochester Hills-based Spalding DeDecker opened an office in the Calder Plaza Building in downtown Grand Rapids, at 250 Monroe Ave. NW, according to the firm last month. It is the company’s first West Michigan location. With the addition of Grand Rapids […]

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This hidden real estate sector is the healthiest in metro Detroit

Real estate is always in the news. Whether it’s shops and restaurants in Detroit’s Midtown district, new skyscrapers downtown, or the rising cost of condos everywhere, real estate makes headlines. Industrial real estate, by contrast, rarely gets into the news but for the biggest and most controversial projects. To cite one: Fiat Chrysler’s plan for […]

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Conversion Opportunities in Commercial Real Estate

Commercial real estate has been seeing the emerging trend of retail to warehouse spaces. These types of projects are becoming increasingly popular throughout the country because of the dramatic shift in the retail industry in recent years. Malls have been closing throughout the United States as the shopping habits of consumers have changed. In fact, […]

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Morgue Laboratory Equipment Provider Inks Lease in Detroit

Mopec, a Michigan-based laboratory equipment provider, plans to move into new industrial and office space in the Detroit area next year. The company leased the 63,470-square-foot 800 Tech Row, an industrial property that includes 21,568 square feet of office space, according to Gary Stephens with Signature Associates, which represented the landlord in the deal. The deal was […]

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Detroit seeks development proposals for Cass Park property

The city is seeking proposals from developers to revitalize a vacant, city-owned commercial property in the Cass Park neighborhood. The .86-acre site at Third and Charlotte sits along a major gateway between the city’s central business district and greater Midtown. It’s a short distance to venues including the Masonic Temple, Little Caesars Arena, Comerica Park and Fox Theatre. […]

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California’s Motiv Power Systems Secures $60M Investment to Establish Detroit Operations

California’s Motiv Power Systems, a supplier of all-electric medium-duty chassis for buses and trucks, has secured $60 million in equity funding to open a new engineering and manufacturing facility in Detroit. The Series B round of investment was led by investors GMAG Holdings Corp. and Winnebago Industries and will support the overall growth of the […]

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Oregon receives grant for infrastructure around industrial parks

The U.S. Department of Commerce said Wednesday that the city of Oregon has been awarded a $2.7 million Economic Development Administration grant to be used for infrastructure in and around the city’s industrial parks that should help attract new businesses. The grant, to be matched with $679,179 in local funds, is expected to help generate […]

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Spectrum to expand downtown

Spectrum Health selected where its new facility will be located. The health system initially was planning land it owns southwest of the Cornerstone University campus, at Leffingwell Avenue NE and Bradford Street NE, for a new building to house administrative and training offices, as the Business Journal reported in June. Instead, the building will be […]

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Three years after layoffs, First Solar producing like never before

Three years ago, the mood around the First Solar Inc. complex in Perrysburg Township was glum. The Tempe, Ariz.-based solar panel manufacturer announced the permanent layoff of about 450 employees as it phased out its older panels to make room for its new, larger Series 6 thin-film panels. The Series 6 went into production in mid-2018, and […]

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Gun Lake Casino plans $100 million expansion

A 72,000-square-foot expansion at Gun Lake Casino will allow the operation to grow its gaming, restaurant and entertainment options. Preliminary site work for the $100 million project is currently underway. Gun Lake Casino expects construction to begin in the coming weeks, with an opening expected in summer of 2021. The expansion, which involves adding a new […]

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SIGNATURE HAS BEEN AWARDED THE REPRESENTATION OF 3,000 SQUARE FEET OF OFFICE SPACE IN DETROIT, MICHIGAN

SOUTHFIELD, MICHIGAN—October 21, 2019— Signature Associates has been awarded the representation of 3,000 square feet of office space located at 6200 Second Avenue, Detroit, Michigan. This listing is located directly across from the new Henry Ford Detroit Pistons Performance Center. The building is three stories with a modern feel, complete with high ceilings and large […]

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SIGNATURE SELLS RESTAURANT IN KALAMAZOO, MICHIGAN

KALAMAZOO, MICHIGAN—October 7, 2019— Signature Associates has negotiated the sale of Mitten Dogs located at 2625 Michigan Avenue, Kalamazoo, Michigan.   Jeff Chrystal and Jim Olsen of Signature Associates represented the seller, Mitten Dogs & More.  Jeff also represented the purchaser, Arabian House. About Signature Associates Signature Associates, with offices in Southfield, Detroit, Lansing, Grand […]

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SIGNATURE HAS BEEN AWARDED THE REPRESENTATION OF 78,894 SQUARE FEET OF INDUSTRIAL SPACE IN CHESTERFIELD TWP., MICHIGAN

SOUTHFIELD, MICHIGAN—October 3, 2019— Signature Associates has been awarded the representation of 78,894 square feet of industrial space located at 50750 E. Russell Schmidt Boulevard, Chesterfield Twp., Michigan. This property has five truckwells for great distribution capabilities along with buss duct power and a compressed air system in place. It’s a clean manufacturing building zoned […]

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SIGNATURE LEASES 10,070 SQUARE FEET OF OFFICE SPACE IN DETROIT, MICHIGAN

SOUTHFIELD, MICHIGAN—September 19, 2019— Signature Associates has negotiated the lease of 10,070 square feet of office space located at 7700 Second Avenue, Detroit, Michigan.   Chris Secontine of Signature Associates represented the tenant, American Federation of State, County and Municipal Employees, Council 25 (AFSCME). AFSCME is relocating from 600 W. Lafayette in Detroit after selling […]

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SIGNATURE SELLS 40,000 SQUARE FEET OF INDUSTRIAL SPACE IN LIVONIA, MICHIGAN

SOUTHFIELD, MICHIGAN—September 19, 2019— Signature Associates has negotiated the sale of 40,000 square feet of industrial space located at 33200 Capitol Street, Livonia, Michigan.   Steve Gordon, Chris Calvano, Jason Kelmigian, and Alex Timmis of Signature Associates represented both the seller, CNC Controls, and the purchaser, SVJB Ltd. The purchaser has 16 locations across the […]

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SIGNATURE SELLS 80.62 ACRES OF LAND IN PINCKNEY, MICHIGAN

SOUTHFIELD, MICHIGAN—September 17, 2019— Signature Associates has negotiated the sale of 80.62 acres of land located at Pinckney Road, Pinckney, Michigan. The land is to be developed with up to five houses on the property.   Paul Saad and Chris Calvano of Signature Associates represented both the seller, Diskomp, and the purchaser, Mazur Holdings, LLC. […]

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SIGNATURE LEASES 7,121 SQUARE FEET OF RETAIL SPACE IN DETROIT, MICHIGAN

SOUTHFIELD, MICHIGAN—October 25, 2019— Signature Associates has negotiated the lease of 7,121 square feet of retail space located at 821 & 835 Holden Street, Detroit, Michigan.   Angela Thomas, Erica Dunlap, and Nicole Voisard of Signature Associates represented both the landlord, Recraft, LLC, and the tenant, GOBRANDS, Inc.   About Signature Associates Signature Associates (www.signatureassociates.com), […]

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SIGNATURE LEASES 3,821 SQUARE FEET OF RETAIL SPACE IN ROYAL OAK, MICHIGAN

SOUTHFIELD, MICHIGAN—September 17, 2019— Signature Associates has negotiated the lease of 3,821 square feet of retail space located at 13 Mile Road, Royal Oak, Michigan.   Angela Thomas, Erica Dunlap, and Nicole Voisard of Signature Associates represented the tenant, Midwest Veterinary Partners. About Signature Associates Signature Associates (www.signatureassociates.com), with offices in Southfield, Detroit, Lansing, Grand […]

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SIGNATURE HAS BEEN AWARDED THE REPRESENTATION OF 15,408 SQUARE FEET OF INDUSTRIAL SPACE IN CHESTERFIELD TWP., MICHIGAN

SOUTHFIELD, MICHIGAN—September 17, 2019— Signature Associates has been awarded the representation of 15,408 square feet of industrial space located at 56306 Precision Drive, Chesterfield Twp., Michigan.   Ben Wilkiemeyer and Peter Walocko of Signature Associates are the listing brokers representing the owner, JEB Properties, LLC. Ben and Peter are also representing this owner on the […]

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SIGNATURE SELLS 5,380 SQUARE FOOT MOTEL IN HOWARD CITY, MICHIGAN

MUSKEGON, MICHIGAN—August 27, 2019— Signature Associates has negotiated the sale of a 5,380 square foot motel located at 601 S. Ensley Street, Howard City, Michigan to L. P. Value, LLC.   Jamie Hughes of Signature Associates represented the seller, Tour Inn Motel, LLC.   About Signature Associates Signature Associates, with offices in Southfield, Detroit, Lansing, […]

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SIGNATURE LEASES 2,604 SQUARE FEET OF RETAIL SPACE IN NORTHVILLE, MICHIGAN

SOUTHFIELD, MICHIGAN—August 1, 2019— Signature Associates has negotiated the lease of 2,604 square feet of retail space located at 191 E. Cady Centre, Northville, Michigan.   Angela Thomas and Erica Dunlap of Signature Associates represented the tenant, Urban You, LLC, a Grand Rapids based company. About Signature Associates Signature Associates (www.signatureassociates.com), with offices in Southfield, […]

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SIGNATURE HAS BEEN AWARDED THE REPRESENTATION OF 5,344 SQUARE FEET OF RETAIL SPACE IN BIRMINGHAM, MICHIGAN

SOUTHFIELD, MICHIGAN—July 30, 2019— Signature Associates has been awarded the representation of 5,344 square feet of retail space located at 100 S. Old Woodward Avenue, Birmingham, Michigan. This is the hottest corner in Downtown Birmingham. We are excited to attract the right tenant to the space and are focusing efforts on luxury brand retailers.   […]

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Wayne County approves $40 million development deal for former Pinnacle race course

Wayne County’s Commission on Thursday unanimously signed off on a $40 million development deal for the shuttered Pinnacle race track. Wayne County Executive Warren Evans said Texas-based Hillwood Enterprises L.P. is acquiring the Pinnacle Aeropark Property from the county for about $4.9 million. The company, founded by Ross Perot Jr., is expected to develop the […]

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LivWell Michigan to Open Cannabis Cultivation, Processing Facility in Warren

LivWell Michigan, a licensee of Colorado-based LivWell Holdings, will lease a 156,000-square-foot industrial space in Warren where it will operate a licensed cannabis cultivation and processing facility upon completion of redevelopment. The property was purchased for $19 million by and leased to LivWell by San Diego’s Innovative Industrial Properties. LivWell is expected to invest up […]

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Banking on flex space: Ann Arbor developers plan large speculative project

Cameron McCausland and Joe Vig have formed a new real estate development company planning a 230,000-square-foot speculative project in Ann Arbor costing $60 million to $70 million. The two longtime real estate professionals — McCausland had been a broker with Plante Moran CRESA and Colliers International Inc. for nearly three decades and Vig has his […]

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Vester Square development would create shopping, dining, park campus in Ferndale

East of downtown Ferndale, a cluster of businesses and parking lots could start to slowly morph into a multifaceted dining and shopping campus. Vester Square — a three-phase redevelopment project estimated to cost $20 million-$25 million— is making its way through Ferndale government approvals, according to city officials and a lead developer, Christian Fuller of […]

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Opportunity Zone investments start to gain foothold

Opportunity Zone investments are getting a foothold in Detroit. In the city, the neighborhoods the most replete with investment — downtown, Midtown, New Center, Corktown, Eastern Market, the Detroit riverfront and others — are squarely in Opportunity Zones, the official name of areas that has become sort of a catch-all term to refer to a […]

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Woodland Mall shows off $100M renovation, new Von Maur department store

Shoppers at Woodland Mall have plenty new to see these days. Two years after workers demolished the former Sears store that once anchored the mall, Woodland officials on Thursday showed off a $100 million renovation project that replaces the space once occupied by the iconic retailer. The new wing is anchored by a Von Maur department store, […]

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$160M Studio Park opens downtown

Downtown Grand Rapids’ latest attraction now is open to the public. Studio Park celebrated its grand opening today at 123 Ionia Ave. SW. The 62,500-square-foot development offers several dining and retail options, a 200-seat concert venue called the Listening Room, a nine-screen movie theater, luxury lofts and an outdoor piazza. The $160 million project is […]

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East Toledo iron plant on track to open next summer

Ten days ago workers finished erecting the 457-foot furnace reactor tower at the hot briquette iron manufacturing plant under construction in East Toledo, officially making it the tallest structure in the city. So on Wednesday, the plant’s owner, Cleveland-Cliffs Inc., decided it was time to provide a progress update on the $830 million plant by holding an […]

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Maumee approves traffic study for uptown

Maumee City Council approved a traffic study Monday night for one of the busiest parts of the city. A contract was approved with DGL Consulting Engineers to perform the study in various portions of the Uptown district. The cost is not to exceed $99,541. The vote was 6-0 with Councilman Brent Buehrer abstaining because of […]

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Amazon eyes Silverdome site for distribution center; 1,500 jobs expected, officials say

Tech giant Amazon sent shock waves throughout Pontiac when news broke of the expected development of the Silverdome site into a distribution center as part of a $250 million project that would bring 1,500 jobs. The first steps in the plans to develop the 127-acre site were discussed during a Pontiac Planning Commission meeting on Wednesday night. The commission […]

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Method Development in Detroit Breaks Ground on Mansion Project in Brush Park

Signature is proud to be playing a part in this great project!   Detroit’s Method Development has broken ground on a $1.8-million project in Detroit’s Brush Park that will rehabilitate a mansion dating back to 1911. Originally a two-family home, the house will be turned into eight apartments expected to be complete by summer 2020. […]

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Demolition of Kmart HQ remains a possibility for new development

Some concepts for any redevelopment of the former Kmart Corp. headquarters in Troy still involve tearing it down. However, nothing is firmed up and any redevelopment of the existing 1.1 million-square-foot, long-vacant behemoth or new development on the 40 acres on which it sits are easily years out. In general, it’s been a high-octane recovery […]

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Auto supplier Faurecia planning to create 500 jobs in Highland Park

Officials say auto parts maker Faurecia is planning to invest $10.7 million and create 500 jobs in the Detroit enclave of Highland Park. The planned investment was announced Tuesday as the Michigan Economic Development Corp. said the company is expected to get a $2 million Michigan Business Development Program performance-based grant. Plans call for workers […]

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Michigan’s attractiveness grows among aerospace manufacturers

Michigan is the most attractive state in the Midwest for new aerospace manufacturing businesses. That’s according to a recent report from PricewaterhouseCoopers (PwC), a global consulting firm. The annual rankings report, which also raised the state from 8th nationally in 2018 to fourth in the 2019 report, cited the state’s “favorable corporate tax structure” and […]

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Packaging company investing $600M in expansion

A maker of coated recycled paperboard is planning a $600 million expansion in the region. Atlanta-based Graphic Packaging International plans to invest the funds for a new machine and subsequent building expansion to produce coated recycled paperboard, used to make such products as cereal boxes, at the existing mill in Kalamazoo, at 1500 N. Pitcher […]

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Downtown Muskegon gets boost with $8M hotel

Parkland Properties recently put the finishing touches on an $8 million renovation of a former Holiday Inn in Muskegon. The newly designed hotel is part of a multimillion-dollar investment into a revitalized downtown Muskegon, which includes plans for a new convention center. The hotel at 939 Third St. was renovated into a Delta by Marriott, […]

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UT moves forward with plan to sell its Scott Park campus

The University of Toledo Board of Trustees is progressing with plans to sell Scott Park campus and recently approved a resolution to begin the process of securing state approval. The university will need permission from the General Assembly to transfer the property. State agencies typically need such approval because property is owned by the state […]

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Get ready! Construction is about to begin on new Glass City Metropark

Drive along Main Street in East Toledo where the old Toledo Sports Arena used to stand and you can see the construction happening now on Marina District land that had frustrated Toledoans for remaining vacant so long. That’s the $45 million, 360-unit cluster of apartments and townhouses Columbus developer Frank Kass is building near the […]

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Economic development picking up steam in Wood County

Wood County is home to some of the most unique geography and infrastructure in the region, and developers are noticing. Two of the longest highways in the country — I-80/​90 and I-75 — intersect in Rossford. CSX operates three lines in portions of the county, and Norfolk Southern runs another. Toledo Executive Airport in Millbury […]

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SIGNATURE HAS BEEN AWARDED THE REPRESENTATION OF 190,450 SQUARE FEET OF INDUSTRIAL SPACE IN TROY, MICHIGAN

SOUTHFIELD, MICHIGAN—August 1, 2019— Signature Associates has been awarded the representation of 190,450 square feet of industrial space located at 4755 Rochester Road, Troy, Michigan.   The building is in the Rochester Road Corridor which connects the industrial markets of Orion Twp., Auburn Hills, & Rochester together with the Troy, Madison Heights, & Sterling Heights […]

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Book Tower restoration to feature hotel, retail, office space

Bedrock plans to bring the iconic Book Tower back to life with a mix of residential, hotel, retail and office space. New York-based architect ODA was chosen from among 10 firms to lead the design effort in restoring the nearly 500,000-square-foot Washington Boulevard structure originally built in 1916. “We selected them because they have quite a few projects around […]

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SIGNATURE SELLS 33,500 SQUARE FEET OF INDUSTRIAL LEASE IN HOWELL, MICHIGAN

SOUTHFIELD, MICHIGAN—August 26, 2019— Signature Associates has negotiated the sale of 33,500 square feet of industrial space located at 327 Catrell Drive, Howell, Michigan.   Jim Montgomery of Signature Associates represented both the seller, CAAZ, Inc., and the purchaser, Domen Properties.  The new owner is experiencing exponential growth and needed a larger facility for their […]

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Ann Arbor SPARK Helps Secure $170,000 in Site Readiness Grants for Washtenaw and Livingston Counties

As announced by the Michigan Economic Development Corporation (MEDC), both Washtenaw and Livingston counties will receive grants through the new competitive Michigan Build Ready Sites program. The targeted grant program aims to boost Michigan’s inventory of available properties ready to compete for business attraction projects. Both grants were shepherded by Ann Arbor SPARK. “These awards bring critical […]

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SIGNATURE LEASES 11,690 SQUARE FEET OF INDUSTRIAL SPACE IN CLINTON TWP., MICHIGAN

SOUTHFIELD, MICHIGAN—August 26, 2019— Signature Associates has negotiated the lease of 11,690 square feet of industrial space located at 36535 Groesbeck Highway, Clinton Twp., Michigan.   Paul Saad and Ben Wilkiemeyer of Signature Associates represented both the landlord, Pasadena Properties, LLC, and the tenant, NMP Group, LLC, a trucking company.   About Signature Associates Signature […]

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M&A remains active among West Michigan manufacturers

When Grand Rapids-based Multi-Automatic Tool and Supply Co. started searching for prospective acquisitions several years ago, the move came as a reaction to many of the company’s customers buying directly from small shops.  Convinced that he needed to diversify his business in order to compete, President James Byl went looking for opportunities, but it took a few […]

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Grand Rapids airport announces $90M expansion

A $90 million expansion at the Gerald R. Ford International Airport will aid in economic development in West Michigan, the airport authority board said Wednesday. Airport officials gathered to announce “Project Elevate,” which includes several components meant to ease and expand passenger experience. The project begins with the extension of Concourse A to accommodate projected […]

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SIGNATURE LEASES 24,877 SQUARE FEET OF INDUSTRIAL SPACE IN SHELBY TWP., MICHIGAN

SOUTHFIELD, MICHIGAN—August 1, 2019— Signature Associates has negotiated the lease of 24,877 square feet of industrial space located at 14100 Rocco Court, Shelby Twp., Michigan.   Ben Wilkiemeyer and Paul Saad of Signature Associates represented the tenant, Global Systems Engineering Group, Inc. About Signature Associates Signature Associates (www.signatureassociates.com), with offices in Southfield, Detroit, Lansing, Grand […]

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WeWork to more than double Detroit footprint with new TechTown space

Co-working space giant WeWork LLC expects to double its Detroit footprint by opening its largest location to date, in the TechTown area of Midtown. The New York City-based company, whose parent is We Co., has signed a lease for more than 91,000 square feet at 6001 Cass Ave. at York Street, Dan Austin, a spokesman […]

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Howell City Council Approves Brownfield Plan For Pearl Building Project

Another redevelopment project in the City of Howell is moving forward. The building known as “The Pearl” at 309 East Grand River is owned by Jeff Doyle. They are said to be ready to go on an estimated $2.2 (m) million redevelopment project on the building that is considered “functionally obsolete”. City Council met Monday […]

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Officials promise change is coming for Fort Industry Square, Hotel SeaGate

Each day at Balance Pan-Asian Grille’s downtown eatery customers who look out the restaurant’s west-facing windows can count on a dismal view of the corner of North Summit Street and Jefferson Avenue. Staring back at them is the half-demolished,19-story skeleton of the former Hotel Seagate, its street-level deconstruction hidden by a perimeter construction fence but […]

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Production Tool Supply Company Expands Headquarters & Operations in Novi

Production Tool Supply Company, a leading supplier and distributor of industrial tools, is establishing a new headquarters and fulfillment center Novi, Michigan. To keep pace with current and future growth, the company plans to build a North American headquarters and fulfillment center in the city of Novi, according to Michigan Economic Development Corporation. The company will utilize […]

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Varsity Shop demolition expected to begin soon

In 2016, Signature negotiated the contract on behalf of the client and closed on this project.  Our innovative process combined consulting, marketing & transactional services to best manage and support our client’s needs.    The Varsity Shop property at 277 Pierce St. in Birmingham may start coming down soon, the city says. It is owned […]

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Flint’s seismic small business growth follows a tidal wave of investments

The City of Flint and its potential for development was on the discussion table in Detroit Sunday as talk show host Mark S. Lee and editors of TheHUBmet with Metro Community Development CEO Brian Glowiak to discuss the more than $250 million in new investments and related small-business growth in the city. Glowiak was a […]

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SIGNATURE LEASES 27,843 SQUARE FEET OF INDUSTRIAL SPACE IN NOVI, MICHIGAN

SOUTHFIELD, MICHIGAN—July 18, 2019— Signature Associates has negotiated the lease of 27,843 square feet of industrial space located at 46615 Ryan Court, Novi, Michigan.   Jim Montgomery of Signature Associates represented the tenant, In Touch Automation. In Touch Automation has experienced considerable growth in the last 5 years. This new facility will allow them to […]

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SIGNATURE SELLS 6,909 SQUARE FEET OF RETAIL IN MUSKEGON, MICHIGAN

MUSKEGON, MICHIGAN—June 20, 2019— Signature Associates has negotiated the sale of a 6,909 square foot retail building located at 2755 Peck Street, Muskegon, Michigan.   Jim Olsen of Signature Associates represented the seller, Martinus Yoo, and the purchaser, Hair Plus.   About Signature Associates Signature Associates, with offices in Southfield, Detroit, Lansing, Grand Rapids, Muskegon, […]

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New restaurants, bar coming to RenCen’s old Coach Insignia space

Not one, not two, not three, but four — count ’em — four new dining and drinking concepts will call the top of the Renaissance Center’s central tower on Detroit’s riverfront home come November. James Beard Award-winning celebrity chef Shawn McClain, best known for his work in Chicago and more recently Las Vegas, offered the first details since […]

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11 Toledo area firms among Inc. magazine’s list of fastest growing companies

Eleven companies in northwest Ohio have been named to Inc. magazine’s list of the 5,000 fastest-growing private companies in America. The new list, which was released Wednesday, includes eight firms that are on the list for the first time, along with one Toledo firm that is making its appearance on the Inc. 5000 for the […]

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SIGNATURE SELLS 16,380 SQUARE FEET OF HI-TECH SPACE IN WIXOM, MICHIGAN

SOUTHFIELD, MICHIGAN—June 14, 2019— Signature Associates has negotiated the sale of 16,380 square feet of industrial space located at 28294 Beck Road, Wixom, Michigan.   Jim Montgomery of Signature Associates represented the both the seller, RM Motor Sports, and the purchaser, PM Tech. PM Tech has expanded its operations with this new facility. RM Motor […]

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SIGNATURE SELLS 25,000 SQUARE FEET OF INDUSTRIAL SPACE IN WIXOM, MICHIGAN

SOUTHFIELD, MICHIGAN—June 14, 2019— Signature Associates has negotiated the sale of 25,000 square feet of industrial space located at 29165 Wall Street, Wixom, Michigan.   Jim Montgomery of Signature Associates represented the purchaser, RM Motor Sports. RM Motor Sports has expanded its global operations with this new headquarter facility.   About Signature Associates Signature Associates […]

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City exploring more corporate aviation, industrial use for Detroit airport’s future

The city of Detroit is considering a plan that would transform the underused Coleman A. Young International Airport property for somewhere more than $100 million. A report by city contractor Avion Solutions Group LLC obtained by Crain’s describes a series of proposals the city wants to further explore that are aimed at making the airport that has […]

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ERICA DUNLAP WINS THE CORENET GLOBAL 2019 YOUNG LEADER AWARD

Signature would like to congratulate Senior Associate Erica Dunlap on being named the winner of the CoreNet Global 2019 Young Leader Award! This award recognizes the Young Leader of the Year who showed a dedication and enthusiasm for her work, exemplifies excellence and show be considered ‘one to watch’ in the broad field of corporate […]

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SIGNATURE LEASES 66,013 SQUARE FEET OF INDUSTRIAL SPACE IN CANTON, MICHIGAN

SOUTHFIELD, MICHIGAN—June 12, 2019— Signature Associates has negotiated the lease of 66,013 square feet of industrial space located at 7375 Commerce Boulevard, Canton, Michigan.   Brad Viergever of Signature Associates represented both the landlord, Ecorse Investment II, LLC, and the tenant, GNS North America, Inc. Gary Sallen, also of Signature Associates, represented the landlord as […]

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Art Van buildings in Livonia, Shelby Township, Howell listed for sale

STORE Capital Corp. is selling five of its Art Van Furniture LLC-leased buildings, including three in Southeast Michigan, to fund more development for the Warren-based furniture and mattress seller. The Scottsdale, Ariz.-based publicly-traded real estate investment trust (NYSE: STOR) is seeking $56.55 million, or about $173.80 per square foot, for the properties, which sit on […]

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SIGNATURE HAS BEEN AWARDED THE REPRESENTATION OF 100,982 SQUARE FEET OF INDUSTRIAL SPACE IN CLINTON TWP., MICHIGAN

SOUTHFIELD, MICHIGAN—May 31, 2019— Signature Associates has been awarded the representation of 100,982 square feet of industrial space located at 24801 Capital Boulevard, Clinton Twp., Michigan.   Ben Wilkiemeyer and Peter Walocko of Signature Associates are the listing brokers representing the owner, Major Industrial Real Estate. This is a long-term client of Signature’s who is […]

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Caledonia insurance firm coming to Studio Park will bring 400 jobs downtown

Studio Park, the $160 million project just south of Van Andel Arena that includes a movie complex, restaurants, apartments, retail shops and more, on Wednesday announced the tenant of its six-story, $40 million office tower. Acrisure, a Caledonia Township-based insurance, risk management and benefits design firm, will move from its current headquarters to the new […]

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Nonprofit completes new HQ

A local nonprofit has a new green headquarters. Kids’ Food Basket is now moving into its new headquarters in Grand Rapids, at 1300 Plymouth Ave. NE. Construction on the two-story, 27,000-square-foot building began in October 2018 and involved extensive site work, removal of unsalvageable structures on site, new construction of a warehouse and attached corporate […]

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It’s official: Amazon is coming to Rossford

The tenant has finally been revealed for a major economic development project in Rossford, and it’s not a surprise. Amazon.com announced Monday morning that it is building a fulfillment center on 100 acres in The Crossroads, just east of I-75 and north of U.S. 20/23. A second center will be location in Akron. City and company […]

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SIGNATURE SELLS 80,000 SQUARE FEET OF INDUSTRIAL SPACE IN WARREN, MICHIGAN

SOUTHFIELD, MICHIGAN—May 31, 2019— Signature Associates has negotiated the sale of 80,000 square feet of industrial space located at 12700 Stephens Road, Warren, Michigan to Calahan Real Estate Holdings, LLC.   Joe Hamway and Greg Hudas of Signature Associates represented the seller, CMX Corporation.   About Signature Associates Signature Associates (www.signatureassociates.com), with offices in Southfield, […]

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SIGNATURE LEASES 15,750 SQUARE FEET OF INDUSTRIAL SPACE IN TROY, MICHIGAN

SOUTHFIELD, MICHIGAN—August 26, 2019— Signature Associates has negotiated the lease of 15,750 square feet of industrial space located at 1765 Thunderbird Drive, Troy, Michigan.   Kris Pawlowski of Signature Associates represented both the landlord, LJR Wagner Associates, LLC, and the tenant, Terminal Supply, Inc. Paul Hoge, also of Signature Associates, represented the tenant as well. […]

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SIGNATURE HAS BEEN AWARDED THE REPRESENTATION OF A 38,500 SQUARE FOOT SCHOOL IN BLOOMFIELD TWP., MICHIGAN

SOUTHFIELD, MICHIGAN—May 23, 2019— Signature Associates has been awarded the representation of the 38,500 square foot school located at 3600 S. Bradway Blvd., Bloomfield Hills, Michigan.   Paul Hoge of Signature Associates is the listing broker representing the owner, Detroit Country Day School.   About Signature Associates Signature Associates, with offices in Southfield, Detroit, Lansing, […]

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SIGNATURE LEASES 4,750 SQUARE FEET OF HI-TECH SPACE IN ROCHESTER HILLS, MICHIGAN

SOUTHFIELD, MICHIGAN—May 21, 2019— Signature Associates has negotiated the lease of 4,750 square feet of hi-tech space located at 1010-1050 Hamlin Road, Rochester Hills, Michigan.   Kris Pawlowski of Signature Associates represented both the landlord, Brewer Properties, and the tenant, Phillips Consulting, Inc.   About Signature Associates Signature Associates (www.signatureassociates.com), with offices in Southfield, Detroit, […]

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SIGNATURE LEASES 1,500 SQUARE FEET OF RETAIL IN MUSKEGON, MICHIGAN

MUSKEGON, MICHIGAN—May 7, 2019— Signature Associates has negotiated the lease of 1,500 square feet of retail space located at 3108 Henry Street, Muskegon, Michigan.   Jamie Hughes of Signature Associates represented the landlord, Hughes & Sons, and the tenant, Westshore Technologies, LLC.   About Signature Associates Signature Associates, with offices in Southfield, Detroit, Lansing, Grand […]

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SIGNATURE LEASES 25,000 SQUARE FEET OF INDUSTRIAL SPACE IN BRIGHTON TWP., MICHIGAN

SOUTHFIELD, MICHIGAN—May 6, 2019— Signature Associates has negotiated the lease of 25,000 square feet of industrial space located at 301-302 Appian Way, Brighton Twp., Michigan.   Jim Montgomery of Signature Associates represented both the landlord, Appian Development, Inc., and the tenant, RMR Solutions. RMR Solutions has expanded their footprint in Michigan.   About Signature Associates […]

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SIGNATURE SELLS 0.87 ACRES OF PROPERTY VACANT LAND IN LOWELL, MICHIGAN

GRAND RAPIDS, MICHIGAN—May 9, 2019— Signature Associates has negotiated the sale of 0.87 acres of vacant land located at 1400 W. Main Street, Lowell, Michigan.   Joe Rizqallah of Signature Associates represented the seller, Curtis Laundry & Dry Cleaners, Inc. and the purchaser, NLD Lowell, LLC.  Signature has a great long-standing relationship with NLD Lowell […]

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SIGNATURE LEASES 16,050 SQUARE FEET OF INDUSTRIAL SPACE IN ROCHESTER HILLS, MICHIGAN

SOUTHFIELD, MICHIGAN—April 24, 2019— Signature Associates has negotiated the lease of 16,050 square feet of industrial space located at 2932 Waterview Drive, Rochester Hills, Michigan to new tenant Seojin System Vina Company, Ltd. This lease represents the first Michigan location for Seojin System Vina. Paul Hoge and Gary Sallen of Signature Associates represented the landlord, […]

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SIGNATURE LEASES 40,200 SQUARE FEET OF INDUSTRIAL LEASE IN TAYLOR, MICHIGAN

SOUTHFIELD, MICHIGAN—April 18, 2019— Signature Associates has negotiated the lease of 40,200 square feet of industrial space located at 21140 Trolley Industrial Drive, Taylor, Michigan to Kushco Holdings, Inc.   Brad Viergever and Bruce Morrison of Signature Associates represented the seller, Trolley Investors, LLC. About Signature Associates Signature Associates (www.signatureassociates.com), with offices in Southfield, Detroit, […]

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Beaumont’s Woodward Corners tenant mix starts to take shape

The scent of burgers wafts through the under-construction Woodward Corners development by Beaumont Hospital in Royal Oak, and much of the forthcoming tenant mix is starting to take shape. The 122,500-square-foot commercial community is mostly uninhabited, aside from equipment, construction workers and Wahlburgers, which on Wednesday became the Woodward Avenue and 13 Mile Road retail center’s […]

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SIGNATURE SELLS 243,635 SQUARE FEET OF INDUSTRIAL SPACE IN WARREN, MICHIGAN

SOUTHFIELD, MICHIGAN—April 19, 2019— Signature Associates has negotiated the sale of 243,635 square feet of industrial space located at 1919, 1920, & 1990 Concept Drive, Warren, Michigan. This was a portfolio sale.   Paul Hoge of Signature Associates represented both the seller, CTP Newco, and the purchaser, Concept Drive Industrial Investors, LLC. John Boyd and […]

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Big Boy looks to bounce back under new ownership

As Big Boy’s new owners aim for a comeback, the change comes in small moves — taking MSG out of seasoned salt, for example — and large ones, like paying off $34 million in debt. The Warren-based restaurant chain’s CEO led a group of local investors that bought Big Boy Restaurants International LLC last fall. […]

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Southgate aims to reinvent commercial district

In a broad effort to entice new businesses and promote economic vibrancy, Southgate city officials are working to carve out a new identity for the downriver community’s commercial district. Southgate’s downtown district, largely defined as Eureka Road between Allen Road and Fort Street and parts of Trenton and Dix Toledo roads, is slowly taking shape […]

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Large industrial building in Grand Rapids has new owner

A large, industrial building on Grand Rapids’ Southeast Side that formerly housed a company that manufactured products used to display retail merchandise has a new owner. A company affiliated with Kojaian, a Bloomfield Hills-based realty company specializing in office, industrial, high-tech and retail spaces, purchased the 925,000-square-foot building, which is located south of 36th Street […]

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GHSP to expand, relocate headquarters to Holland

Automotive supplier GHSP is expanding and moving its headquarters and engineering laboratory to the Holland Technical Center, MiBizhas learned. The company, a division of Grand Haven-based JSJ Corp., has leased 120,000 square feet of office space and 35,000 square feet of lab space at the facility located at South Waverly Road and East 32nd Street. The move nearly […]

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Former La-Z-Boy site land transfer OKed

A land swap between City of Monroe and Frenchtown Township has been approved; the goal is to redevelop the Telegraph Road property where La-Z-Boy’s headquarters once stood. The Monroe City Council unanimously approved a land transfer agreement Monday that allows the city to move forward on a planned redevelopment of the former La-Z-Boy Incorporated headquarters. […]

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Buyer in the wings for Monclova Township site resembles Temperance firm

The city of Toledo is close to a deal to sell 50 acres in Monclova Township to a mystery company from Michigan that would use the land for a corporate headquarters, manufacturing facility, and distribution warehouse. The company would be relocating 150 employees and could add another 50 within two years of completing the facility […]

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Mahindra eyes assembly plant, 2,000 jobs at Flint’s Buick City

An Indian automaker is poised to breathe new automotive life — and at least 2,000 jobs — into Flint’s iconic Buick City site. Mahindra Automotive North America Inc., maker of the Roxor off-road vehicle and a finalist to build the U.S. Postal Service’s next-generation delivery truck, has signed a non-binding letter of intent to acquire the 364-acre site from the trust charged with cleaning […]

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Auto supplier plans $55M plant at Detroit Kettering High School site

An automotive supplier that builds interior components, suspensions and grilles for major automakers is planning to open a 600,000-square-foot factory on the site of the vacant Kettering High School on Detroit’s east side, three miles from where Fiat Chrysler Automobiles plans to build the city’s first new automotive plant in nearly three decades. Michigan-based supplier […]

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Ferndale approves developer deal for mixed-use parking garage project

A public-private partnership is moving forward to finance and construct downtown Ferndale’s first mixed-use parking garage development. City Council unanimously approved Monday night a development agreement between the city and Royal Oak-based developer Versa Wanda LLC, according to City Manager Joseph Gacioch. Construction started in February on the long-planned, city-financed portion of the approximately $40 million DOT (Development on […]

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Royal Oak’s Tennis & Golf Company sold out of Chapter 11

The Tennis & Golf Company on Woodward Avenue has been purchased by two local businessmen who seek to refresh the Royal Oak fixture and add online capabilities. Founded in 1977, the specialty shop selling tennis, golf, running, and fitness equipment and clothing filed a voluntary petition for Chapter 11 bankruptcy on March 7 in the […]

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Amenity-rich Class A office space still in demand in GR, suburban markets

The opportunity to lease brand new office space in the heart of downtown Grand Rapids offered Van Wyk Risk Solutions the chance to grow into a new location.  This month, Van Wyk will be the first tenant to move into the new Warner Building, located at 150 Ottawa Ave. NW in downtown Grand Rapids. After outgrowing its […]

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After 20 years, Paula Brown Shop on Monroe Street is closing

The Paula Brown Shop, a Toledo retailer that has been offering customers fine and unusual gifts for 20 years in downtown Toledo, is calling it quits. The store’s owners, Paula and Peter Brown, of Perrysburg, said they have decided to ease into retirement by closing their business. The couple plans to relax, enjoy visiting with […]

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Superior Electric Great Lakes Co. Opens Renovated Troy Headquarters

Troy employee-owned electrical contractor Superior Electric Great Lakes Co. last week officially opened its newly renovated, 50,000-square-foot headquarters at 1740 E. Maple Rd. More than 150 guests and employees took part in a ribbon-cutting ceremony for what the company calls one of the most advanced engineering departments of any electrical contractor in the Midwest. “This […]

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Henry Ford to build medical center at former Kmart site in Plymouth Township

Henry Ford Health System plans to build a new 120,000-square-foot outpatient medical center in Plymouth Township at a former Kmart store at 40855 Ann Arbor Road. When completed in 2021, it would be Henry Ford’s 31st medical center in Southeast Michigan. Two other outpatient medical centers are under construction in Royal Oak and Bloomfield Township. Royal Oak is […]

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Toledo job market strong for local grads

This spring, about 4,300 students in the Toledo area donned caps and gowns in order to receive the fruits of four years of study: a college bachelor’s degree. And while some may be forced to leave town to find employment, the bulk of the 2019 class of college graduates should find lots of opportunity in […]

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Furniture supplier planning new facility

A manufacturer of adjustable-height table bases is considering building a new production facility in the area. J-Star Motion Corporation is looking to build a 275,000-square-foot facility that would create 50 jobs, according to federal grant application documents. The facility would be constructed on a portion of 55 acres of undeveloped land at 725 and 730 […]

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Pontiac back on track, mayor says, citing growth, business

A decade after the state declared a financial emergency in the city, Pontiac is attracting more businesses, on the road to ridding blight and poised for growth, Mayor Deirdre Waterman said Wednesday. “Families and new companies … are increasingly choosing to make their home in Pontiac,” the mayor told an audience during her State of the […]

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Germany’s HELLA Opens U.S. Headquarters in Northville Township

HELLA, an automotive lighting and electronics company based in Germany, has opened its new U.S. headquarters in Northville Township, replacing its previous U.S. headquarters of more than 20 years in Plymouth Township, as well as two local satellite offices. The two-level facility is nearly 140,000 square feet and has an accredited in-house test lab that […]

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Palace of Auburn Hills to be razed; redevelopment in works

The former home of the Detroit Pistons soon will be demolished to make room for the homes of technology companies and corporations. A joint venture between Detroit Pistons owner Tom Gores and Livonia-based Schostak Brothers & Co. Inc. have purchased the Palace of Auburn Hills to be redeveloped into 1 million square feet of mixed-use office and research […]

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Walkable Urban Metros Leave the Suburbs Behind

America is walking again. Where are the most pedestrian-friendly economic centers in the U.S. and what’s behind their robust growth? No. 3—a surprise in the 2016 but it continues to be there—is Detroit!   The most walkable urban place in America is … New York. That may not be a big surprise, but the other […]

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Arena property enhancements in planning stage

Planning is underway for a redesign of the Van Andel Arena plaza and perimeter. The $1-million enhancement project would transform the sparse land around the arena into a pedestrian-friendly space meant to better connect the arena district. Downtown Grand Rapids Inc. and the Grand Rapids-Kent County Convention/Arena Authority are reviewing concepts from the partly finished […]

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Western Michigan prepares to sell sites at business park expansion

Western Michigan University now has the green light to begin selling business parcels in the second phase of the Business, Technology and Research Park. While the preparation of the site itself is ongoing, the university’s Board of Trustees formally established the park’s second phase at its meeting Wednesday, June 26, and granted university officials permission […]

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Rossford approves incentives for likely Amazon center

Rossford City Council unanimously approved a series of incentive packages Monday night for a massive development experts have long believed to be an Amazon fulfillment center at the Crossroads. The four ordinances: State the city of Rossford and Wood County agree to grant abatement of real estate taxes on the project’s assessed value for 30 years. Establish […]

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Fort Industry Square rehabilitation gets $5 million tax credit

The Ohio Development Services Agency awarded a $5 million tax credit for the rehabilitation of Fort Industry Square on Summit Street. The credit is part of more than $28 million in tax credits the agency awarded for the rehabilitation of 49 historic buildings across the state, according to a release from the agency on Wednesday. […]

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SIGNATURE’S FAVORITE HAMBURGER

On this National Hamburger Day, we want to share our favorite hamburger with you – our Senior Vice President of Advisory and Management Services – John Hamburger.   The secret sauce to John’s success has been his longevity in the business. John has been in the commercial real estate industry for 55 years and has […]

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GM will sink $150 million in truck production at Flint Assembly

General Motors will invest $150 million in equipment at its Flint truck plant to rev up production of its new Chevy Silverado and other vehicles. GM President Mark Reuss made the announcement at a news conference at Flint Assembly on Wednesday, June 12, the automaker’s second major expansion of its full-size pickup production capacity this […]

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St. Louis firm buys Ann Arbor office building in market ‘on fire’

A St. Louis-based real estate investment firm acquired a large office property northeast of downtown Ann Arbor. Integris Ventures bought the 198,624-square-foot Earhart Corporate Center from a public real estate investment trust in mid-May, according to a news release. The purchase price and identity of the REIT were not disclosed. The 2006-built building is on […]

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US Signal starts construction on new data center

US Signal Co. LLC began construction this week on a new data center in Van Buren Township, between Detroit and Ann Arbor. Work on the 100,000-square-foot data center, US Signal’s fourth in Michigan and eighth in the Midwest, began after the planning commission for Van Buren Township approved plans for the project. The Grand Rapids-based company […]

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Transtar Autobody Technologies to break ground on $1 million training, color development center

Transtar Autobody Technologies Inc., which supplies paint, primers and specialty coatings to the aftermarket industry, is expanding its headquarters and manufacturing plant in Brighton with the construction of a $1 million training and color coating development center. The 6,000-square-foot center is set to be built to the north of the current property, said Chris Hoeh, […]

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Italian automotive supplier plans new manufacturing plant in Detroit

An Italian automotive supplier plans to build a new manufacturing plant in Detroit. Tiberina Group, a supplier of body-in-white and metal stampings for the auto industry, acquired 10 acres of land at the former American Axle & Manufacturing Holdings site on Holbrook Drive on the city’s border with Hamtramck. Tiberina purchased the land from Cleveland-based […]

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City considers new plan for former Southwyck Shopping Center site

After five years of trying, the city of Toledo has given up on the idea that the former Southwyck Shopping Center site on Reynolds Road might one day return to being a retail mecca. The Toledo Plan Commission on Thursday will consider a request by the city to change the zoning of the 58.5 acre site — […]

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Downtown welcomes new Hotel District

Grand Rapids leaders have carved out 3 square blocks downtown as the designated Hotel District. AHC+Hospitality has established the district as a collaborative between hoteliers, restaurants and local businesses, with endorsements by Grand Rapids Mayor Rosalynn Bliss and Experience Grand Rapids, Kent County’s tourism marketing arm. The Hotel District is bounded by I-196 and Fulton […]

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