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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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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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Commercial real estate a mixed bag for those looking for space

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 […]

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Developers plan $150 million development, 850 jobs at old Ford Wixom plant site

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 […]

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SIGNATURE ASSOCIATES WINS 3 CRAIN’S BEST IN CLASS REAL ESTATE AWARDS

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 […]

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Ashley Capital buys closed Hazel Park Raceway for redevelopment

The Hazel Park Raceway has a new owner that plans a large-scale development on the shuttered horse racing track’s remaining 95 acres. New York City-based industrial/warehouse developer Ashley Capital, which has its local office in Canton Township, completed the purchase Friday, said Susan Harvey, senior vice president of the office. The plan is to develop […]

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