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New report: Industrial rents still rising in Detroit, but at a slower pace

Posted By: REjournals on May 31, 2024.  For more information, please click here to read the source article. The average rent for industrial space in Detroit did increase in April. But that increase was a small one. According to the latest research from CommercialEdge, the average industrial rent in Detroit rose to $6.90 a square foot in April. That is […]

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A Decade Of Demolition Without Substantial Development Has Reset Retail

Posted By: BISNOW on April 28, 2024.  For more information, please click here to read the source article. A great recalibration of the country’s retail footprint has been underway for years, as bankruptcies have roiled some of the most beloved stores and restaurant chains. Now, as other sectors of CRE stumble and slow, retail has stabilized as a result. […]

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AI Will Probably Boost Office Demand. And CRE at Large.

Posted By: Commercial Property Executive on April 26, 2024.  For more information, please click here to read the source article. You don’t have to search long for AI enthusiasts in commercial real estate, but then again, the skeptics are also around the corner. Sure, such emerging technologies might end up defining the whole century, but when it hits a lot […]

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Industrial strength: Encouraging fundamentals could spark an increase in industrial real estate investment activity in 2024

Industrial strength: Encouraging fundamentals could spark an increase in industrial real estate investment activity in 2024

Posted By: REJournals on April 4, 2024.  For more information, please click here to read the source article. The industrial real estate sector has consistently been one of the top-performing real estate sectors over the past few years, however, the confluence of economic challenges, persistent marketplace fluctuations, and uncertainties experienced in 2023 led to a slowdown in industrial investment. […]

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Grand Rapids has the tightest industrial real estate market in the U.S., report finds

Read this article directly on Crain’s Grand Rapids Business Grand Rapids has the tightest industrial real estate market in the U.S., report finds

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Altus Group’s positive prediction? Expect CRE sales activity to tick up during next six months

Posted By: REjournals on March 27, 2024.  For more information, please click here to read the source article. More commercial real estate transactions coming in the next six months? That’s what Altus Group is predicting. And that’s good news for CRE professionals. Altus Group Limited on March 26 released its first quarter 2024 CRE Industry Conditions & Sentimement Survey, one […]

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Steve Gordon Named One of CRE’s Best Bosses by GlobeSt

Our boss, Steve, has officially been named one of the Best Bosses on the 2024 CRE’s Best Bosses list! We’ve always known he’s the cream of the crop, and this award helps confirm it. Steve’s dynamic leadership and genuine care for his team shine through every day.  A huge thank you to GlobeSt.com for recognizing […]

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There’s finally hope for the commercial real estate market

Posted By: The Detroit News/Bloomberg on January 11, 2024.  For more information, please click here to read the source article. Soaring borrowing costs and plunging prices walloped the global commercial-property market last year. Now, more clarity around values and an urgent need to address looming debt maturities are expected to spark more deals. Sellers and buyers are finally […]

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Paul Hoge Named Commercial Real Estate Broker of the Year by DBusiness

Adapted from: DBusiness November/December 2023 edition.  To read about all the winners, please click here. Introducing the inaugural DBusiness Commercial Real Estate Awards, honoring 21 people, companies, and projects that are transforming metro Detroit.  From dozens of nominations submitted by our readers, we chose three finalists for each category, with a focus on developers, brokers, […]

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Possible sale-leaseback of Stellantis HQ opens opportunity with Auburn Hills campus

Posted By: The Detroit News on October 15, 2023.  For more information, please click here to read the source article. The type of transaction the maker of Chrysler, Dodge, Jeep and Ram might pursue for its North American headquarters could open up development opportunities for the Auburn Hills site and infuse the corporation with additional cash, according to […]

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SIGNATURE ASSOCIATES ARRANGES SITE FOR NEW SMTAUTOMATION PLANT IN BRUCE TOWNSHIP, MICHIGAN

BRUCE TOWNSHIP, MI — October 10, 2023 — Signature Associates is pleased to represent SMTAutomation in the purchase of the 5.94 acre site on 33 Mile Road in Bruce Township, Michigan for their new 40,871 square foot plant. Officially located at 14100 33 Mile Road, this new plant is expected to generate a capital investment […]

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JPMorgan Chase’s Al Brooks Gives His 2023 Midyear CRE Outlook

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 […]

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Despite Panicked Headlines, Banks Continue to Finance Commercial Real Estate Transactions

Posted By: WealthManagement.com on April 25, 2023.  For more information, please click here to read the source article. Lending terms might have tightened, and deals are being scrutinized more closely, but the capital is there. In the wake of failures of Silicon Valley and Signature banks this March, media outlets have been awash with speculation that the regional bank […]

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Retail sector heading in the right direction

Posted By: REjournals on April 27, 2023.  For more information, please click here to read the source article. Tight vacancy rates. Resilience. And growth. These are all positives of the U.S. retail sector according to the latest research from Cushman & Wakefield. According to a first-quarter report from Cushman & Wakefield, the U.S. retail sector started 2023 riding the […]

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CoStar Impact Awards – 2023 SALE/ACQUISITION OF THE YEAR

COSTAR IMPACT AWARDS – 2023 SALE/ACQUISITION OF THE YEAR REIT’s Warehouse Acquisition Taps Demand for Industrial Space in Northwest Ohio About the Project: One Liberty Properties, Inc., bought the 251,500-square-foot, two-building warehouse 6305 and 6507 Fairfield Drive in Northwood, Ohio, in a deal that closed on Nov. 15, 2022. What the Judges Said: “Broker stuck with the property/client […]

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SIGNATURE ASSOCIATES CELEBRATES A SUCCESSFUL 2022!

Signature held its Annual Sales Awards celebration at our Southfield headquarters Wednesday morning. It was an extra special morning filled with Signature team spirit, camaraderie and an amazing breakfast prepared on-site by Andiamo. As the awards were presented, each winner spoke about the importance of the Signature family environment, the unwavering support and dedication of […]

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Jeffrey Trepeck appointed the 2023 President of the Commercial Board of Realtors (CBOR)

Signature Associates is proud to announce that our very own, Jeffrey Trepeck, has been appointed the 2023 President of the Commercial Board of Realtors (CBOR)! The Commercial Board of REALTORS® is the commercial overlay board that provides leadership, services, education, and professional standards to commercial real estate practitioners in Michigan.  Membership is comprised from all […]

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Top 10 Commercial Real Estate Trends for 2023

Posted By: Commercial Property Executive on January 4, 2023.  For more information, please click here to read the source article. In 2022, spiking interest rates, inflation and a war in the Ukraine brought considerable change to commercial real estate and the U.S. economy overall. With interest rates and values expected to stabilize, and all stakeholders rethinking the highest […]

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A record-setting day at REjournals’ 8th annual Detroit Commercial Real Estate Summit

Posted By: REjournals on November 8, 2022.  For more information, please click here to read the source article. Signature Associates’ Joe Hamway was proud to be a member of Detroit Market Sector panel. It was a record-breaking event. More than 200 of the top commercial real estate professionals working the Detroit market attended REjournals’ 8th annual Detroit Commercial […]

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Signature Celebrates a Record Year

February 10, 2022 – Signature held its annual sales awards celebration at our Southfield headquarters.  It was an extra special evening filled with amazing food prepared on-site by Andiamo, Motown music, laughs and camaraderie. As awards were presented, each winner spoke about teamwork, and about creating and preserving relationships, both within Signature and externally with […]

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SIGNATURE SELLS 24,000 SQUARE FEET OF INDUSTRIAL IN MUSKEGON, MICHIGAN

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, […]

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Signature Associates Sells Large Industrial Building Along I-75 in Auburn Hills

Signature Associates in Southfield has announced the sale of a large industrial building located at 3600 Giddings Road in Auburn Hills to a partnership between Foundation Capital Partners and Wheelock Street Capital. Terms of the deal were not disclosed. Joe Hamway and Greg Hudas of Signature Associates represented the partnership in the purchase of the […]

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Gardner White taking over part of old Art Van campus in Warren

Gardner White will take over a portion of the massive former Art Van Inc. headquarters in Warren as it needs more space for distribution and corporate staff. The Auburn Hills-based furniture store said Monday afternoon that it would occupy part of the property’s warehouse as well as the store and corporate office. In a Monday […]

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Tire Wholesalers to more than double size with large new building on old Detroit armory site

Tire Wholesalers Inc. is expected to move out of its Troy headquarters into a new warehouse/distribution building more than double its current footprint under construction in Oak Park. The company, based at 1783 14 Mile Road, is taking the entire 275,000-square-foot building underway on the former Detroit Artillery Armory site, expanding from 100,000-plus square feet […]

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Toledo real estate: Apartments and industrial buildings are hot, but offices are struggling

Toledo’s apartment and industrial real estate markets were red hot last year but not its retail and office space sectors, which recorded higher vacancy rates and fewer transactions. That’s according to new annual reports from the Reichle Klein Group, a Toledo real estate company that frequently analyzes the area market. In general, the reports suggest the Toledo […]

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SIGNATURE ASSOCIATES SELLS TROPHY INDUSTRIAL BUILDING IN AUBURN HILLS, MICHIGAN

Signature Associates is pleased to announce the sale of the 443,340 square foot industrial building located at 3600 Giddings Road in Auburn Hills to a partnership between Foundation Capital Partners, LLC and Wheelock Street Capital, LLC. Joe Hamway and Greg Hudas of Signature Associates represented the partnership in the purchase of the building and are […]

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Signature Associates | Q3 2021 Market Reports

Just Released:  Signature Associates | Q3 2021 Market Reports   Q3 2021 Industrial Report Q3 2021 Office Report   For more information, visit our Research page.

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SIGNATURE ASSOCIATES WELCOMES TWO NEW MEMBERS

Signature Associates is pleased to announce two new team members to the Investment Division, Cade Kozlowski and Jackie Bonnell. Cade started at Signature Associates as an intern for the Investment Division’s Sale-Leaseback Team in 2019 and has also gained experience on the principal side as a summer analyst for Crestlight Capital, a private real estate […]

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SIGNATURE SELLS 11,031 SQUARE FEET OF INDUSTRIAL SPACE IN CENTER LINE, MICHIGAN

SOUTHFIELD, MICHIGAN—September 3, 2020— Signature Associates has negotiated the sale of 11,031 square feet of industrial space located at 8833 Ten Mile Road, Center Line, Michigan.   Kris Pawlowski and Ben Wilkiemeyer of Signature Associates represented the seller, M & J Properties.       About Signature Associates Signature Associates, with offices in Southfield, Detroit, […]

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SIGNATURE SELLS 269.18 ACRES OF LAND IN FRENCHTOWN TWP., MICHIGAN

SOUTHFIELD, MICHIGAN—August 7, 2020— Signature Associates has negotiated the sale of 269.18 acres of land located at Telegraph Road, Frenchtown Twp., Michigan.   Brad Viergever of Signature Associates represented both the seller, Loh Investments LP, and the purchaser, InSite Real Estate Investment Properties, LLC.     About Signature Associates Signature Associates, with offices in Southfield, […]

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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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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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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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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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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 (signatureassociates.com), with offices in Southfield, Detroit, Lansing, Grand […]

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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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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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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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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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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 (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 (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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