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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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, […]

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 […]

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 […]

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 […]

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 […]

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 […]

Signature Associates is pleased to announce a new team members to its Industrial division, Chris Perkins. Chris specializes in industrial real estate with a focus on the I-75 corridor market. He began his real estate career with Signature Associates in November 2021 and is being mentored by some of the most successful brokers in the […]

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

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 […]

Commercial real estate professionals’ confidence in the industrial and office sectors in the first quarter of 2021 rose sharply since the fourth quarter of 2020, according to the Society of Industrial and Office Realtors Snapshot Sentiment Report.  The report found a jump from 6.2 out of 10 to 7.3. Furthermore, the outlook for the remainder […]

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 […]

Land in Plymouth and Northville townships is being prepared for high-tech and research and development companies as part of a development collaborative. The Michigan International Technology Center, an emerging real estate initiative focused on technology companies, has completed critical infrastructure at Ridge 5 Corporate Park, an MITC community in Plymouth Township. The park, a 60-acre […]

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 […]

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, […]

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, […]

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 […]

Up until last month, the industrial market in Macomb County was performing about as well as any in the region. The vacancy rate in Metro Detroit was 4 percent across nearly 399 million square feet, with one-fifth of that market, or nearly 83 million square feet, in Macomb County outpacing the region at just 2.8 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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, […]

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 […]

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 […]

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 […]

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 […]

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 […]

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, […]

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. […]

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, […]

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, […]

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 […]

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 […]

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 […]

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, […]