Signature Associates

Posted By: Commercial Observer on May 1, 2023.  For more information, please click here to read the source article.   Economic uncertainty remains high for commercial real estate through the rest of 2023. There are plenty of big questions, including the interest rate environment and the future of office space. But there are also positives: Multifamily and industrial […]

The 238,334 square foot investment property is located at 6501 Nevada.   DETROIT, MI — September 1, 2022 — Signature Associates is pleased to announce the sale of the 238,334 square foot industrial building located at 6501 Nevada in Detroit which is fully leased to long-term tenant, Lear Corporation. Joe Hamway and Greg Hudas of […]

Posted By: Grand Rapids Business Journal (As seen on WZZM TV 13) on August 19, 2022.   For more information, please click here to read the source article.   Despite continued uncertainty in a turbulent market, the state of commercial real estate in West Michigan still shows some flexibility. “While there are definitely things going on that are […]

Signature is honored to be named a Crain’s Detroit Business Cool Places to Work for the sixth year! Thank you to the coolest team for helping us earn us this recognition! Signature’s exceptional leadership and cool culture promotes long-term growth, loyalty, teamwork, and a lot of fun! Read our full write-up here: https://bit.ly/3pv5Lbi

MUSKEGON, MICHIGAN—February 23, 2022— Signature Associates has negotiated the sale of a 24,000 square foot industrial building located at 2176 E. Laketon Avenue, Muskegon, Michigan to Robyn’s Nest Management, LLC. Jamie Hughes of Signature Associates represented the seller, Gross Development, LLC. *** About Signature Associates Signature Associates, with offices in Southfield, Detroit, Lansing, Grand Rapids, […]

By the time Brandon Carnegie was in his early 20s, he’d had two knee surgeries and a back injury thanks to football. His days playing cornerback at Ball State University in Muncie, Ind., where he landed after a standout four years at Novi High School, were over after his junior season.  He played in 18 […]

State officials have approved a loan and brownfield incentives for a $13.2 million, five-story mixed-use development planned at a former industrial site north of downtown Kalamazoo. The project development team of 619 LLC was formed by Jeff Nicholson, Craig Bush and David Michal Scott to construct a five-story structure on 1.4 acres at 619 Porter St. Nicholson […]

Michael Berger didn’t get the amount he wanted for his self-storage portfolio when it sold last month. The Southfield-based real estate investor got much more. The $170 million sale of his 28 U-Store Management Co. properties to Colorado-based SpareBox Storage is proof positive that the self-storage industry, several decades ago just a blip on the […]

With the outbreak of the COVID-19 pandemic last March, Gov. Gretchen Whitmer issued Executive Order 2020-21 directing all “Michigan businesses and operations to temporarily suspend in-person operations that are not necessary to sustain or protect life.” The downside of the order reverberated throughout the state’s economy, resulting in bankruptcies, a sharp runup in unemployment filings, […]

David Miller has played a key role in some of the most important com­mercial real estate transactions in the Detroit area. This includes the seven years he worked on repositioning and leasing Michigan’s tallest and most iconic office tower. Tackling this project during the most challenging times in Detroit’s histo­ry, Miller and a colleague worked […]

West Michigan brokers and agents had to adjust to weather the COVID-19 pandemic in 2020 across the industrial, office, retail and multifamily markets, according to real estate leaders who spoke at the virtual West Michigan Economic and Commercial Real Estate Forecast. “West Michigan made it through an extremely tough year in 2020, and I am […]

SOUTHFIELD, MICHIGAN—January 14, 2021— Signature Associates has negotiated the sale of 180,986 square feet of industrial space located at 21405 Trolley Industrial Drive, Taylor, Michigan to Gleaners Community Food Bank. Chris Monsour of Signature Associates represented Gleaners, and Brad Viergever, Paul Hoge, and Angela Thomas, also of Signature Associates, represented the seller, A & J […]

An anonymous company is considering purchasing 6.5 acres of land from the city of Toledo as part of a $300,000 deal that would also contribute to the redevelopment of two historic downtown buildings. The agreement, if approved by Toledo City Council, would allow Louisville Title Agency for N.W. Ohio, Inc., a local title company, to […]

Logoplaste has announced plans to build a new manufacturing plant in Lima, Ohio. With headquarters in Portugal, Logoplaste will construct a 100,000 square-foot facility for plastic injection molding of food grade containers. The new $35 million project will add at least 50 new jobs at the Allen County site. “Proximity to a recognized regional plastics […]

GRAND RAPIDS, MI — The chain of HopCat restaurants has been sold to new owners some five months after the former owner, BarFly Ventures, filed for bankruptcy. Two investment firms — Congruent Investment Partners and Main Street Capital — teamed up to buy BarFly Ventures for $17.5 million. They created a new operating company, Project […]

Perrigo is investing $44.7 million to move its North American corporate headquarters to Medical Mile in downtown Grand Rapids in a move that will create 170 jobs. The Right Place, in collaboration with the Michigan Economic Development Corporation (MEDC), Michigan State University, Rockford Construction and the city of Grand Rapids, on Tuesday announced the Dublin-based pharmaceutical […]

Nearly half of Michigan retailers optimistically expect higher sales in the coming holiday shopping season. The expectations for holiday-season sales follow what the Michigan Retailers Association called a “large upswing” in retail sales in September from August. In a monthly survey by the MRA, 51 percent of retailers reported increased sales for September from the prior month. […]

The Kroger Co. is spending $95 million to build an automated customer fulfillment center in Romulus that would create 270 jobs. The Michigan Strategic Fund board on Tuesday awarded $1.6 million in a Michigan Business Development Program grant to support the project. The planned 130,000-square-foot facility at 15675 Wahrman Road will prepare and ship grocery […]

The Joe Vicari Restaurant Group in Warren today announced the addition of three new restaurants to its portfolio — The Hill Seafood & Chop House in Grosse Pointe Farms, Triple Nickle in Birmingham, and Buc’eez Pub in Macomb Township. The restaurant group, led by Joe and Rosalie Vicari, is best known for its Andiamo and […]

Demand for office space in Metro Detroit is weakening as the coronavirus pandemic persists, but experts predict southeast Michigan could recover sooner than other parts of the country. Metro Detroit’s office market was largely inactive during the third quarter amid the pandemic, according to real estate firm Savills, which maintains an office in Detroit. The […]

On-time transactions for the industrial and office sectors have more doubled since the onset of the pandemic while confidence in the market has held steady, according to The Society of Industrial and Office Realtors’ September survey. SIOR continues to monitor the impact of COVID-19 on the commercial real estate market through its monthly Snapshot Sentiment Survey, and […]

In the first month after the coronavirus ground the U.S. economy to a halt, the opportunity zone marketplace had slowed along with the rest of the commercial real estate industry. The opportunity zones program has been described by the Trump administration as a tool to inject hundreds of billions of dollars into underserved communities. In […]

The COVID-19 pandemic upended an otherwise steady and busy quarter for commercial real estate in West Michigan, according to Colliers International West Michigan’s 2020 Q1 market reports. “Q1 began with a high level of activity across all sectors coming off a strong end to 2019; in fact, it was stronger than Q1 2019,” said Jon […]

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 […]

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, […]

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. […]

Depending on what you are looking for, the commercial real estate market in West Michigan may not be so favorable. According to some commercial real estate experts in the area, more properties are available for leasing, but fewer properties are available for sale. Jason Makowski, a partner and an office specialist at NAI Wisinski of […]

An Ohio-based company is planning a $150 million brownfield redevelopment of a former Ford Motor Co. plant in Wixom that would create 850 new jobs. The project at the 182-acre site would reactivate the property with 1.66 million square feet of commercial/industrial space, according to the Michigan Economic Development Corp. Construction on the first of […]

Crain’s Detroit Business Special Report:  Last year was a year for dealmaking — and dealmakers. In this, our inaugural Best in Class: Real Estate awards, we aim to honor both. We solicited nominations from you, our readers, for the most impactful deals, projects and people in commercial real estate in 2017. With help from a […]