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How Office Features Stack Up in Getting Tenants To Pay More

Posted By: CoStar on March 24, 2024.  For more information, please click here to read the source article. Office tenants across the country have been shedding large amounts of real estate for the past several years, but some building features can not only convince tenants to keep leasing the space, but get them to pay a premium for […]

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Private equity takes a shine to the car wash business in Michigan

Posted By: The Detroit News on October 27, 2023.  For more information, please click here to read the source article. New car washes are popping up throughout Metro Detroit, with operators attracted by the outlets’ reoccurring revenue and customers drawn to their convenience and flexibility. For example, Jax Kar Wash recently opened a new location in Oak Park, […]

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Who Wants Espresso Bars and Cornhole Boards at the Office? Fewer Workers Than You Might Think.

Posted By: CoStar on August 10, 2023.  For more information, please click here to read the source article. Maybe barista bars and pickleball courts aren’t that important to workers after all. Since the waning days of the pandemic, employers have tried just about everything to lasso workers back to the office. Some have swapped out aging desks and […]

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Northville Downs project in Plymouth Township nears approval

Posted By: Detroit Free Press on June 8, 2023.  For more information, please click here to read the source article. A new horseracing facility planned near the southwest corner of Five Mile and Ridge roads is one step closer to becoming a reality. The Plymouth Township Planning Commission unanimously approved at a special meeting June 1 a motion […]

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The property management challenge: It’s all about managing tenant experiences

Posted By: REjournals on June 7, 2023.  For more information, please click here to read the source article. The property management business has evolved. There was a time when property management teams focused on making sure the snow was plowed, trash picked up and lights stayed on. Those are still important jobs. But today, property managers are equally […]

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Property Management’s Role in the Development of New Office Spaces

Posted By: Commercial Property Executive on March 15, 2023.  For more information, please click here to read the source article. From amenity spaces to the carbon footprint, property managers play a central role in the design of commercial offices. Traditionally, the design and development of commercial office spaces has been the task of architects, engineers and urban planners. […]

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Today’s Most-Desired Office Amenities

Posted By: Commercial Property Executive on April 24, 2023.  For more information, please click here to read the source article. A new survey by design firm SGA highlights both traditional and emerging preferences. The top amenities currently in demand by office users are a mix of both continuing and emerging trends, including coffee shops, air-purification systems, access to outdoor […]

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Tech, not amenities, the key to bringing office workers back?

Posted By: REJournals on November 17, 2022.  For more information, please click here to read the source article.   What will bring workers back to the office? Many companies are banking on flashy, high-end office spaces filled with amenities such as onsite cafes, fitness centers and high-tech conference centers. But a new survey suggests that these amenities might […]

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West Michigan office forecasts vary as quality spaces remain in demand

Commercial real estate experts have struggled to predict the future of the office market since the COVID-19 pandemic started, though they expect demand for high-quality office spaces to remain strong.  Office vacancy rates in downtown Grand Rapids hovered around 11 percent in the fourth quarter of 2021, according to market reports from JLL Inc. and Colliers International’s West […]

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