Signature Associates

Posted By: CoStar on November 10, 2023.  For more information, please click here to read the source article.   Automotive supplier Thai Summit America Corp. recently finalized a lease agreement to secure 297,100 square feet at the Eastland Commerce Center in Harper Woods, Michigan. Thai Summit is expanding in Michigan with its newest lease as it already has […]

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, […]

Posted By: The Detroit News on October 24, 2023.  For more information, please click here to read the source article. The Michigan Strategic Fund Board agreed Tuesday to increase brownfield tax incentives for the redevelopment of the former General Motors Transmission Plant site in Warren. The governing body of the Michigan Economic Development Corp. increased the authorized capture […]

Posted By: The Blade on October 24, 2023.  For more information, please click here to read the source article. Location, location, location — Rossford has it, and businesses want it, the city’s mayor says. At Monday’s meeting, Rossford City Council voted to approve the rezoning of 5.4 acres from planned commercial to planned industrial. The properties, which are […]

Posted By: mlive on February 1, 2023.  For more information, please click here to read the source article.   The Grand Rapids City Commission has approved a tax incentive, valued at $103 million over 27 years, to help transform a former industrial site on Godfrey Avenue SW into a mixed-use development with hundreds of apartments, commercial space and […]

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 […]

Adapted from: ALM | Globest.com article posted on September 5, 2023.  To read about all the influencers, please click here to read the source article. The industrial asset class has not been as beleaguered as some other categories in commercial real estate but it still has posed challenges to the community. Fundamentals are softening and subleasing has gained […]

Posted By: REjournals on September 22, 2023.  For more information, please click here to read the source article. Sure, Detroit’s industrial market has faced the pressure of high interest rates and increasing construction costs. And while industrial sales might have slowed, leasing activity remains robust in this sector, something that was evident during the Detroit Industrial Summit held […]

Posted By: Detroit News on August 17, 2023.  For more information, please click here to read the source article. One recent afternoon, workers at LM Manufacturing in southwest Detroit stood at their stations on the production line, each doing their part to assemble seating for the Ford Bronco and Ford Ranger. After launching production last month, three shifts […]

Posted By: Commercial Property Executive on July 12, 2023.  For more information, please click here to read the source article. Co-warehousing—or flexible warehousing—has risen as a practical solution for industrial users of all sizes, particularly for smaller ones. It serves as a way to both cut costs and provide answers to smaller companies that don’t have the resources to access […]

Posted By: Flint Beat on June 5, 2023.  For more information, please click here to read the source article. Signature is proud to be a part of such an exceptional new development!  For leasing information, contact Joe Hamway / Greg Hudas New development began today at the former Buick City site on Flint’s north side. The June 5, 2023, […]

Posted By: Toledo Blade on June 6, 2023.  For more information, please click here to read the source article. A state grant announced this week to offset infrastructure costs will support Toledo’s efforts to redevelop the former North Towne Square property into an industrial site. JobsOhio has awarded the city a $1.5 million grant for the North Towne […]

Posted By: DBUSINESS on May 11, 2023.  For more information, please click here to read the source article. Metro Detroit’s red hot industrial market is drawing new players and spec development as The Opus Group in Minneapolis today announced the start of construction on Airport Corporate Center, a two-building speculative industrial development in Romulus. The two buildings at […]

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: DBUSINESS on March 14, 2023.  For more information, please click here to read the source article.   Crestlight Capital, a Detroit-headquartered real estate investment firm, in partnership with Sabal Investment Holdings, an investment management firm based in Irvine, California, serving institutional investors across the U.S., has announced its acquisition of four Class A warehouse industrial buildings […]

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 […]

Posted By: CoStar on February 1, 2023.  For more information, please click here to read the source article. Exercise equipment provider Peloton Interactive is still hunting for a buyer for the 1.2 million-square-foot factory that it built in Ohio, but never used, as the industrial market faces headwinds. The New York-based company, which has been trying to bounce […]

Posted By: MiBiz on November 7, 2022.  For more information, please click here to read the source article.   Key metrics in a monthly report on West Michigan’s industrial economy trended downward last month into negative territory, reflecting a slowing economy. Indexes for new orders, purchases and employment each fell into negative territory for October, according to results […]

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 […]

Posted By: MiBiz on October 20, 2022.  For more information, please click here to read the source article.   The Walker Planning Commission has approved plans for a 132,680-square-foot distribution center north of I-96 that’s part of a larger 76-acre site being repurposed for industrial uses. Traverse City-area developer Mike Kolarevic, of ECEK GRR3.0 LLC, is leading plans […]

Posted By: MiBiz on October 18, 2022.  For more information, please click here to read the source article.   Three economic development organizations serving a 13-county region in West Michigan have narrowed nearly 150 properties down to 10 sites that would be suitable for potentially large industrial or advanced manufacturing projects. The roughly eight-month effort comes as state […]

TAYLOR, MI — September 29, 2022 — Signature Associates is pleased to announce the sale of the 451,894  square foot / 29 acre two-property portfolio located at 21000-21010 and 21100-21150 Trolley Industrial Drive in Taylor, Michigan. The multi-tenant industrial properties are fully leased by eight tenants in diversified industries. Steve Gordon, Luke Timmis and Griffin […]

Posted By: DBUSINESS on October 10, 2022.  For more information, please click here to read the source article.   The Detroit Regional Partnership, or DRP, has fully launched its Verified Industrial Properties program to increase industrial site readiness throughout southeast Michigan. As part of the rollout, the DRP is offering incentives for partners to submit properties to an […]

Posted By: Toledo Blade on September 15, 2022.  For more information, please click here to read the source article.   Ben Mashni wasn’t liking the options as he searched for a small warehouse space to serve as home base to install commercial water meters in Toledo. Available spaces tended to be in shopworn areas with minimal security and […]

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 […]

Posted By: Grand Rapids Business Journal on July 21, 2022.  For more information, please click here to read the source article.   A new series of reports showed commercial real estate in West Michigan appears healthy despite recent challenges. Colliers West Michigan on Tuesday, July 19, released its newest market trend reports on the industrial, retail and office […]

For leasing information on Eastland Commerce Center, contact Joe Hamway/Greg Hudas. Posted By: The Detroit News on July 7, 2022.  For more information, please click here to read the source article.   Sixty-five years after Eastland Center opened its doors to shoppers, the developer of a $94 million industrial complex broke ground on the project that will replace […]

A $300 million-plus plan to bring more than 1,000 residential units to a long-vacant waterfront site in Pontiac is perhaps the splashiest proposed development in the city in recent memory. But throughout the city, a grab bag of new residential, commercial and industrial construction, as well as renovations and redevelopments, has percolated in recent years. […]

Visser Brothers Inc. seeks to repurpose the DeltaPlex Arena & Conference Center into an industrial warehouse site, according to documents filed with the city of Walker. The Grand Rapids-based contractor, doing business as DEG Development Co. LLC, purchased the 6,000-person capacity venue in Walker on Dec. 23 for $5.5 million. The venue has operated for 25 years […]

The Toledo City Plan Commission Thursday approved a major site plan to redevelop the former North Towne Square location for industrial use. The proposal is being designed by Mannik & Smith Group of Maumee and would include three industrial buildings totaling approximately 852,000 square-feet, according to the plan commission staff report. NorthPoint Development with an […]

JLL released its 2022 first-quarter West Michigan industrial and office reports, and the differences are striking. The industrial report revealed that 921,392 square feet of industrial space in West Michigan was absorbed, decreasing the vacancy rate in the region to 3.2%. The average asking rent price increased to $4.06 per square-foot, up 1.8% from the […]

Out with the old, in with the new. That’s the theme behind a few demolition projects underway in the suburbs to make way for more than $300 million in new development across two very different sectors. In Birmingham, a handful of single-story buildings at the corner of Brown Street and Old Woodward Avenue have been […]

Franklin Partners LLC purchased the sprawling former General Motors stamping plant in Wyoming known as Site 36 late last month for $5.25 million and plans a new industrial development on the property for multiple manufacturers. Grand Rapids- and Oak Brook, Ill.-based Franklin Partners, doing business as Franklin Site 36 LLC, bought the 74-acre site from the city […]

Eastland Commerce Center will offer three state-of-the-art industrial facilities   HARPER WOODS, MI — Signature Associates is pleased to announce the exclusive leasing representation of the Eastland Commerce Center in Harper Woods. This new Class A warehouse, distribution, and manufacturing campus will include three-buildings ranging from 200,000 square feet to 536,000 square feet, tilt-up concrete […]

The city of Detroit has, by far, the most new industrial construction underway out of anywhere else in the region. Some 2.75 million square feet is in the ground, according to a fourth-quarter report from the local office of New York City-based brokerage house Newmark. That’s the future. But what about all of its industrial past? That’s the […]

As demolition of the former Eastland Center shopping mall proceeds, developers of a $94 million project to reuse the property in Harper Woods have named a leasing agent to market the 80-acre site for potential tenants. Signature Associates said Thursday it will exclusively lease space for the development, known as the Eastland Commerce Center, at […]

An area in Ann Arbor’s Research Park has been designated an industrial development district after it was approved by Ann Arbor City Council earlier this week. The resolution to turn 3874 Research Park Drive and four adjacent lots into an industrial development district was passed by City Council on March 7. The land is currently […]

More than 12 years after General Motors closed its 36th Street stamping plant in Wyoming, the site has a new owner with an eye on redevelopment. Franklin Partners LLC announced Thursday that it has bought the property now known as Site 36 after gaining approval from the Wyoming Brownfield Redevelopment Authority. Wyoming City Manager Curtis […]

Bedrock announced Tuesday that LM Manufacturing, a joint venture between Magna and LAN Manufacturing, will lease 296,000 square feet of manufacturing space on its Sakthi Industrial Campus to produce automotive seating. The project is expected to create 390 jobs. Bedrock said Tuesday the lease is its first major industrial development and highlights the ongoing demand for […]

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, […]

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 […]

Minneapolis-based The Opus Group, which has a subsidiary in Ann Arbor, is starting construction on a 275,401-square-foot industrial building on the site of the former Detroit Artillery Armory on Eight Mile Road in Oak Park. Prior to the start of construction, the originally planned speculative building has been fully leased to an undisclosed user. It […]

A $180 million plan to redevelop the former General Motors Transmission plant site in Warren is expected to bring 1.4 million-square feet of new industrial space and 600 jobs, according to the city. The Warren City Council will consider on Tuesday a brownfield plan for the 117-acre site at 23500 Mound. The owner, Missouri-based NorthPoint Development, […]

The Eastland Center site in Harper Woods is one step closer to a $94 million redevelopment after Michigan Economic Development Corp.’s Michigan Strategic Fund board approved Tuesday tax incentives for the project. The $4.7 million in brownfield tax credits were granted to Missouri-based NorthPoint Development, which plans to build three commercial light industrial buildings totaling […]

Several years ago, the co-owner of a Birmingham pharmacy began very quietly assembling a slew of east Detroit riverfront properties. Using a Bad iPhone Password of a company name, 1111 LLC, Hany Boutros accumulated buildings and land on Franklin, Chene, East Jefferson, Guoin and Jos. Campau in 2015-16, in addition to properties downtown and near Brush Park. […]

A biotechnology company and SPARK Ann Arbor are spearheading efforts to create a city industrial development district to encourage growth and provide a tax abatement for owners in the area. The Ann Arbor City Council took public comments at its Jan. 3 meeting about the possibility of creating an industrial development district at 3874, 3990, […]

A developer growing its industrial presence in Detroit plans to demolish the former American Motors Corp. headquarters site for a new development, likely for an automotive supplier, officials said.  Detroit Mayor Mike Duggan and other officials announced the $66 million redevelopment Thursday morning at the 2-million-square-foot abandoned AMC campus.  AMC took its headquarters to Southfield […]

Jon Savoy took data projections in the mid-’90s to heart when he moved his real estate business, Lee & Associates, to Brighton. He was betting on population growth that came, to an extent, but the commercial building wave that he expected to follow never actually materialized. He has since moved back to Southfield. Around many […]

Spencer Township officials are seeking to rezone an almost 38-acre property off Shaffer Road from industrial use back to residential, which was the property’s original zoning when it was bought by the township. “I just don’t see anything industrial going in that area,” said Spencer Township Trustee Michael B. Hood. During a Lucas County Plan […]

The city of Detroit plans to sell off its owned portion of the former Detroit House of Corrections site in Plymouth Township for $5.5 million. If all moves forward under the current plan, the 190.5-acre vacant site would be developed into a 1.2 million-square-foot build-to-suit building by an out-of-state developer that does work for FedEx […]

City officials on Thursday announced the long-vacant former North Towne Square Mall property will soon be redeveloped into Toledo’s latest industrial park, a move Mayor Wade Kapszukiewicz said will bring at least 500 well-paying, advanced manufacturing jobs to the community. Kansas City-based NorthPoint Development intends to spend $70 million to build two industrial buildings totaling […]

A new United Parcel Service facility will be the cornerstone of a nascent industrial park off Glenwood Road in Rossford for which development is starting to move, Rossford Mayor Neil MacKinnon announced Friday. The mayor said he did not yet have details about how many jobs the 225,000-square-foot facility will generate, but that Scannell Properties, […]

Gov. Gretchen Whitmer’s administration, economic developers and industry groups are pushing for the creation of a $100 million fund for industrial development on large tracts of land after Tennessee and Kentucky landed $11.4 billion in investments from Ford Motor Co. and a battery maker. The $100 million would give the Michigan Economic Development Corp. a pot of money to […]

Low industrial real estate vacancy rates and ongoing construction backlogs are pushing industrial projects to more rural and outlying areas. In the Grand Rapids area, an increasing number of industrial sites that have sat dormant for years in outlying parts of Walker and Hudsonville are now being bought or developed, said Stu Kingma, associate broker […]

Education-focused furniture manufacturer MiEN Co. plans to consolidate its Walker-based operations into a new headquarters at the former Baker Furniture property along the Grand River in Grand Rapids. The parcel at 1661 Monroe Ave. NW was purchased on Aug. 16 for $6.3 million by Remco Realty LLC, which is registered to MiEN Co. President and CEO Remco Bergsma, […]

The former MLive Media Group and Grand Rapids Press printing facility in Walker that once printed 375,000 newspapers a week has been sold to a Pontiac-based industrial contracting company for $9.75 million. The nearly 236,000-square-foot facility at 3100 Walker Ridge Drive will serve as Lee Contracting Inc.’s first location outside of Pontiac. Company Founder Edward Lee worked to […]

Eastland Center and Northland Center malls opened in the 1950s to the fanfare of Metro Detroiters looking for a suburban shopping experience. Decades and the internet later, both sites face different futures. Eastland on Vernier Road in Harper Woods will close in January, and an industrial facility will be built in its place. The former […]

A year ago, Huron Township put the brakes on construction of any new warehouse or distribution space after approving two large new buildings on an old horse-racing track. But now the developer constructing those buildings totaling 1.27 million square feet for Amazon.com Inc. on the former Pinnacle Race Course site wants to build another one […]

Four logistics business, LaserShip, Pitney Bowes, Hearn Industrial Services, and DHL, have opened at the Ecorse Commons Industrial Park at 37350 Ecorse Rd. in Romulus. The park was put together by NorthPoint Development. As a result of the construction and post-construction staffing, 1,973 new jobs were created, and the four businesses currently there are expected […]

The developer who earlier Thursday confirmed its plans to tear down the Eastland Center mall in Harper Woods is also attempting to buy and redevelop General Motors Co.‘s idled Warren Transmission Plant, Crain’s has learned. Riverside, Mo.-based developer Northpoint Development LLC has the 123-acre site at 23500 Mound Road under contract to purchase, with the deal expected to […]

Mission Design & Automation is opening a new 50,000-square-foot facility next month and plans to add at least 109 high-tech jobs. The Holland-based custom industrial automation and robotics integrator Mission Design & Automation said last week that it is completing a new facility at 9696 Black River Court in Holland that will house office and manufacturing space […]

A housing community the size of Waterside Sylvania needs to be located on the outskirts or builders will run out of space. “This is the very edge of Sylvania Township,” said JP Ankney, co-owner of Gulfstream Development, as he walked along Windward Drive and Montauk Court within the Waterside Sylvania community. “That field over there is […]

SOUTHFIELD, MICHIGAN—May 19, 2021— Signature Associates has negotiated the lease of 9,700 square feet of industrial space located at 24722 Forterra, Warren, Michigan.   Ben Wilkiemeyer and Paul Saad of Signature Associates represented both the landlord, Forterra Drive Ventures, LLC, and the tenant, Digigraphx Co. Paul Hoge also of Signature Associates, represented the landlord. About […]

SOUTHFIELD, MICHIGAN—May 19, 2021— Signature Associates has negotiated the lease of 8,961 square feet of industrial space located at 26488 Groesbeck Highway, Warren, Michigan.   Ben Wilkiemeyer of Signature Associates represented both the landlord, Grant Construction Company, and the tenant, 3UP3DOWNMI, LLC. Paul Hoge and Kris Pawlowski, also of Signature Associates, represented the tenant and […]

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 […]

Less than a month ago, the city of Toledo formally took title to a parcel of land at 1110 Hastings Ave. — the final piece in its long-sought acquisition of the former Champion Spark Plug plant on Upton Avenue. The Champion property has been vacant and undeveloped for more than 20 years. The acquisition, however, […]

HOLLAND, MICHIGAN—May 7, 2021— Signature Associates has negotiated the sale of a 6,680 square foot carwash located at 386 Baypark Drive, Holland, Michigan to Koopman Real Estate. Tom Elhart of Signature Associates represented the seller, Winter Park, LLC. About Signature Associates Signature Associates, with offices in Southfield, Detroit, Lansing, Grand Rapids, Muskegon, Holland, Kalamazoo, Michigan […]

HOLLAND, MICHIGAN—May 5, 2021— Signature Associates has negotiated the sale of a 35,250 square foot industrial building located at 11431 Chicago Drive, Holland, Michigan to Zordon USA, Inc. Tom Elhart of Signature Associates represented the seller, UWI Properties. About Signature Associates Signature Associates, with offices in Southfield, Detroit, Lansing, Grand Rapids, Muskegon, Holland, Kalamazoo, Michigan […]

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, […]

A Colorado company is expanding its facility in Zeeland to make room for an innovative approach to aerospace manufacturing. Fort Collins, Colorado-based Woodward Inc. is converting a previous warehouse space into an industrialized space that will be dedicated to additive manufacturing, according to the Lakeshore Advantage on Wednesday. The economic development agency helped Woodward secure an industrial […]

The Lucas County Land Bank could receive some much-needed financial support from Columbus if a demolition pilot program proposed by state Rep. Derrick Merrin (R., Monclova Township) survives the state budget process. The Ohio House of Representatives passed a nearly $75 billion, two-year general fund budget this week that includes $1 million each year for […]

West Michigan’s industrial economy entered the second quarter trending along with the global and national economic recoveries from the effects of the COVID-19 pandemic. Four key activity indexes from economist Brian Long’s monthly survey of industrial purchasing managers in the Grand Rapids and Kalamazoo areas all improved from February to March, as did short- and […]

An industrial development project in Blackman Township is one step closer to breaking ground after getting a nearly $6 million investment from the U.S. Economic Development Administration. The funds will help develop infrastructure around Jackson Technology Park North, a 181-acre plot of farmland along County Farm Road. The Blackman Township Local Development Financing Authority purchased […]

The Lucas County Land Bank board voted Wednesday to submit a first-time application for a $350,000 share of the city of Toledo’s Community Development Block Grant. If awarded by Toledo City Council, the money would be spent on two projects: to beautify an abandoned industrial site next to a central Toledo neighborhood and to stabilize […]

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 […]

St. Clair officials finalized a sale for most of the city’s industrial park this week with an auto-parts manufacturing subsidiary of Canadian company Magna International. But the deal is a little less than what was initially discussed, and officials remain mum on the company’s plans. City Council members OK’d the purchase agreement with Dieomatic Incorporated, […]

According to the third quarter market reports from NAI Wisinski West Michigan, the industrial sector is pushing through COVID-19 territory thanks to Michigan’s strong manufacturing backbone, but the region may have yet to see the long-term effects of the pandemic on other real estate sectors. It’s still too early to determine the damage COVID will […]

A pair of industrial sites in West Michigan — including the future Kent County Department of Public Works sustainable business park — have been awarded a total of $150,000 in site readiness grants from the Michigan Economic Development Corporation. The Michigan Economic Development Corporation (MEDC) said Wednesday that it issued $728,500 in site readiness grants […]

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 […]

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 […]

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 […]

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 10, 2020— Signature Associates has been awarded the representation of 12,455 square feet of industrial space located at 6877 Miller Drive, Warren, Michigan. This property is a potential green zone location depending on the City of Warren. Well located in North Warren, the building has 3 12×12 grade level doors and 1 truckwell. […]

SOUTHFIELD, MICHIGAN—August 7, 2020— Signature Associates has negotiated the lease of 254,625 square feet of industrial space located at 36663 Van Born Road, Romulus, Michigan to the new tenant, Scotts.   Greg Hudas and Joe Hamway of Signature Associates represented the landlord, Ashley Capital.       About Signature Associates Signature Associates, with offices in […]

SOUTHFIELD, MICHIGAN—August 3, 2020— Signature Associates has been awarded the representation of 55,218 square feet of industrial space located at 21826-21914 Schmeman Avenue, Michigan. The building is designed to be split into multi-tenant units or can easily be used as a single user facility. There is also an additional 6,000 square feet of second-floor office […]

SOUTHFIELD, MICHIGAN—June 30, 2020— Signature Associates has negotiated the sale of 14,440 square feet of industrial space located at 30029 Research Drive, Lyon Twp., Michigan.   Jim Montgomery of Signature Associates represented both the seller, Hoffmann Filter Corp., and the purchaser, American Temperature. American Temperature will be moving their headquarters to this location. About Signature […]

A Howell-based company looks to grow its capacity to produce materials for high-temperature industrial applications based on its acquisition by a global leader. Looking to expand high-temperature insulation to molten metal handling systems to specialty heaters, Rex Materials Group in Howell has been acquired by New York’s Unifrax. Financial terms of the transaction were not […]

The retail landscape continues to shift in the U.S. and a pair of properties in northwest Ohio provide an interesting juxtaposition. After a decade of conjecture and stalled plans, the former Southwyck Mall site in Toledo is being transformed into an Amazon delivery station, which city officials consider a monumental victory. There is more positive […]

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 […]

SOUTHFIELD, MICHIGAN—April 28, 2020— Signature Associates has negotiated the sale of 14,440 square feet of industrial space located at 30029 Research Drive, Lyon Twp., Michigan.   Jim Montgomery of Signature Associates represented both the seller, Hoffmann Filter Corp., and the purchaser, American Temperature. American Temperature will be moving their headquarters to this location. About Signature […]

GRAND RAPIDS, MICHIGAN—April 13, 2020— Signature Associates has negotiated the sale of 12.71 acres of industrial land located at 2112 E. Laketon Avenue, Muskegon, Michigan.   Jamie Hughes of Signature Associates represented the seller, Jacob Wierengo, and the purchaser, Mr. Quick of North Muskegon, LLC. About Signature Associates Signature Associates, with offices in Southfield, Detroit, […]

Three Rivers Industrial Development Authority reached a milestone last year, when an Indiana-based company bought more than 60 acres of property at Three Rivers Area Enterprise Park. TekModo’s purchase of more than 40 acres last year signaled TRIDA fulfilling its mission of selling all the property within the industrial park. The park, opened in the […]

Prologis Inc., the largest warehouse provider in the U.S., wrapped up construction of a three-story distribution center in Seattle in October of last year. The 590,000-square-foot project, called Georgetown Crossroads, is the nation’s first logistics property to have multiple floors that are serviceable by large delivery trucks. Amazon has reportedly agreed to take up about […]

SOUTHFIELD, MICHIGAN—November 15, 2019— Signature Associates has negotiated the sublease of 78,822 square feet of industrial space located at 18640 Dix-Toledo Road, Brownstown, Twp., Michigan.   Brad Viergever and Alex Timmis of Signature Associates represented the sub-landlord, ProTrans International Inc. Brad also represented the sub-tenant, K&M Express, LLC.   About Signature Associates Signature Associates (signatureassociates.com), […]

SOUTHFIELD, MICHIGAN—November 10, 2019— Signature Associates has negotiated the lease of 3,931 square feet of industrial space located at 2450 Cole Street, Birmingham, Michigan.   Angela Thomas and Erica Dunlap, the ÆRES Team of Signature Associates, represented the tenant, Functional Fitness Group, LLC. About ÆRES Team The ÆRES Team was born in 2017 with the […]

SOUTHFIELD, MICHIGAN—November 16, 2019— Signature Associates has been awarded the representation of 77,050 square feet of industrial space located at 4280 N. Atlantic Boulevard, Auburn Hills, Michigan.   Joe Banyai of Signature Associates, is the listing broker representing the owner, Core Development Real Estate. About Signature Associates Signature Associates, with offices in Southfield, Detroit, Lansing, […]

SOUTHFIELD, MICHIGAN—November 26, 2019— Signature Associates has negotiated the lease of 63,470 square feet of hi-tech space located at 800 Tech Row, Madison Heights, Michigan.   Paul Hoge and Gary Stephens of Signature Associates represented the landlord, Jo Drive Ventures, LLC. This move represents a consolidation of Mopec.   About Signature Associates Signature Associates (signatureassociates.com), […]

Developer Ed Harmon, whose gamble on an industrial spec building at the old Willys Jeep plant site morphed into a bustling industrial park with three auto suppliers and 600 workers, has purchased a vacant spec building near Toledo Express Airport to be used by a Fortune 500 company that plans to hire between 50 and […]

Real estate is always in the news. Whether it’s shops and restaurants in Detroit’s Midtown district, new skyscrapers downtown, or the rising cost of condos everywhere, real estate makes headlines. Industrial real estate, by contrast, rarely gets into the news but for the biggest and most controversial projects. To cite one: Fiat Chrysler’s plan for […]

Mopec, a Michigan-based laboratory equipment provider, plans to move into new industrial and office space in the Detroit area next year. The company leased the 63,470-square-foot 800 Tech Row, an industrial property that includes 21,568 square feet of office space, according to Gary Stephens with Signature Associates, which represented the landlord in the deal. The deal was […]

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 […]

A 72,000-square-foot expansion at Gun Lake Casino will allow the operation to grow its gaming, restaurant and entertainment options. Preliminary site work for the $100 million project is currently underway. Gun Lake Casino expects construction to begin in the coming weeks, with an opening expected in summer of 2021. The expansion, which involves adding a new […]

SOUTHFIELD, MICHIGAN—October 3, 2019— Signature Associates has been awarded the representation of 78,894 square feet of industrial space located at 50750 E. Russell Schmidt Boulevard, Chesterfield Twp., Michigan. This property has five truckwells for great distribution capabilities along with buss duct power and a compressed air system in place. It’s a clean manufacturing building zoned […]

SOUTHFIELD, MICHIGAN—September 19, 2019— Signature Associates has negotiated the sale of 40,000 square feet of industrial space located at 33200 Capitol Street, Livonia, Michigan.   Steve Gordon, Chris Calvano, Jason Kelmigian, and Alex Timmis of Signature Associates represented both the seller, CNC Controls, and the purchaser, SVJB Ltd. The purchaser has 16 locations across the […]

SOUTHFIELD, MICHIGAN—September 17, 2019— Signature Associates has been awarded the representation of 15,408 square feet of industrial space located at 56306 Precision Drive, Chesterfield Twp., Michigan.   Ben Wilkiemeyer and Peter Walocko of Signature Associates are the listing brokers representing the owner, JEB Properties, LLC. Ben and Peter are also representing this owner on the […]

Ten days ago workers finished erecting the 457-foot furnace reactor tower at the hot briquette iron manufacturing plant under construction in East Toledo, officially making it the tallest structure in the city. So on Wednesday, the plant’s owner, Cleveland-Cliffs Inc., decided it was time to provide a progress update on the $830 million plant by holding an […]

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 […]

Production Tool Supply Company, a leading supplier and distributor of industrial tools, is establishing a new headquarters and fulfillment center Novi, Michigan. To keep pace with current and future growth, the company plans to build a North American headquarters and fulfillment center in the city of Novi, according to Michigan Economic Development Corporation. The company will utilize […]

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 […]

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 […]

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 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, […]

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 […]

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, […]

SOUTHFIELD, MICHIGAN—April 18, 2019— Signature Associates has negotiated the lease of 40,200 square feet of industrial space located at 21140 Trolley Industrial Drive, Taylor, Michigan to Kushco Holdings, Inc.   Brad Viergever and Bruce Morrison of Signature Associates represented the seller, Trolley Investors, LLC. About Signature Associates Signature Associates (signatureassociates.com), with offices in Southfield, Detroit, […]

SOUTHFIELD, MICHIGAN—April 19, 2019— Signature Associates has negotiated the sale of 243,635 square feet of industrial space located at 1919, 1920, & 1990 Concept Drive, Warren, Michigan. This was a portfolio sale.   Paul Hoge of Signature Associates represented both the seller, CTP Newco, and the purchaser, Concept Drive Industrial Investors, LLC. John Boyd and […]

A large, industrial building on Grand Rapids’ Southeast Side that formerly housed a company that manufactured products used to display retail merchandise has a new owner. A company affiliated with Kojaian, a Bloomfield Hills-based realty company specializing in office, industrial, high-tech and retail spaces, purchased the 925,000-square-foot building, which is located south of 36th Street […]

From industrial firms to retailers and from land owners to community planners, the mantra of real estate agents applies.  Location, location, location. With mixed results, some of Macomb County’s largest parcels appear destined for redevelopment. A few remain vacant with no immediate plan, while announcements and groundbreakings are on the horizon at others. Projects could […]

Financing for an 80,000-square-foot warehouse at the budding Express Industrial Park was approved Thursday morning by the Toledo-Lucas County Port Authority’s board of directors. The $5 million in taxable bonds from the Northwest Ohio Bond Fund will be personally guaranteed by Ed Harmon, the developer with whom the port authority has worked on both of […]

SOUTHFIELD, MICHIGAN—April 19, 2019— Signature Associates has negotiated the lease of 102,475 square feet of industrial space located at 20505 Sibley Road, Brownstown Twp., Michigan.   Brad Viergever of Signature Associates represented both the landlord, Sibley Road Investments, LLC, and the tenant, Hearn Industrial Services, Inc.   About Signature Associates Signature Associates (signatureassociates.com), with offices […]

SOUTHFIELD, MICHIGAN—April 19, 2019— Signature Associates has negotiated the sale of 13,360 square feet of industrial space located at 22832 Macomb Industrial Drive, Clinton Twp., Michigan.   Ben Wilkiemeyer and Peter Walocko of Signature Associates represented the purchaser, Benchmark Macomb Industrial Property, LLC. This is the third transaction Signature has completed for this company. About […]

SOUTHFIELD, MICHIGAN—April 19, 2019— Signature Associates has negotiated the sale of 10,500 square feet of industrial space located at 1200 W. Thirteen Mile Road, Madison Heights, Michigan to purchaser JOC Land Holdings, LLC.   Chris Monsour and Paul Hoge of Signature Associates represented the seller, Ski Real Estate, LLC.   About Signature Associates Signature Associates […]

SOUTHFIELD, MICHIGAN—April 19, 2019— Signature Associates has negotiated the lease of 17,020 square feet of industrial space located at 35269 Cricklewood, New Baltimore, Michigan.   Ben Wilkiemeyer of Signature Associates represented the tenant, Unlimited Quality Sorting & Assembly, Inc.   About Signature Associates Signature Associates (signatureassociates.com), with offices in Southfield, Detroit, Lansing, Grand Rapids, Muskegon, […]

SOUTHFIELD, MICHIGAN—April 19, 2019— Signature Associates has been awarded the representation of 24,000 square feet of office space located at 164 Indusco Court, Troy, Michigan. Two floors are available with 12,000 square feet per floor that will be finished-to-suit. This is a modern, high-end office space with a mirrored glass exterior and easy access to I-75 […]

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 […]

SOUTHFIELD, MICHIGAN—February 21, 2019— Signature Associates has negotiated the lease of 9,400 square feet of industrial space located at 24307 Telegraph Road, Southfield, Michigan.   Brad Viergever and Aaron Lewandowski of Signature Associates represented the tenant, Enviroserve Inc. About Signature Associates Signature Associates (signatureassociates.com), with offices in Southfield, Detroit, Lansing, Grand Rapids, Muskegon, Holland, Kalamazoo, […]

SOUTHFIELD, MICHIGAN—February 21, 2019— Signature Associates has negotiated the sale of 28,820 square feet of hi-tech space located at 250 Kay Industrial Drive, Orion Twp., Michigan. Kris Pawlowski of Signature Associates represented both the seller, MSJ Properties, LLC, and the purchaser, Kay Automotive Graphics. John Boyd and Paul Hoge, also of Signature Associates, represented the […]

SOUTHFIELD, MICHIGAN—February 21, 2019— Signature Associates has negotiated the lease of 28,635 square feet of industrial space located at 87 Northpointe Drive, Orion Twp., to Leggera Technologies, LLC.   Paul Hoge and Kris Pawlowski of Signature Associates represented the landlord, Leoni Engineering Products & Services. About Signature Associates Signature Associates (signatureassociates.com), with offices in Southfield, […]

SOUTHFIELD, MICHIGAN—February 21, 2019— Signature Associates has negotiated the sale of 28,817 square feet of industrial space located at 1837 Enterprise Drive, Rochester Hills, Michigan.   Kris Pawlowski and Paul Hoge of Signature Associates represented the purchaser, 1837 Enterprise, LLC. This is the third location for the purchaser who sells small prosthetics and medical compression […]

Signature Associates has negotiated the lease of 15,600 square feet of hi-tech space located at 15401 Century Drive, Dearborn, Michigan.   Jack Townsend of Signature Associates represented both the landlord, Fairlane Venture 15, LLC, and the tenant, C & S Investments, LLC.   About Signature Associates Signature Associates (signatureassociates.com), with offices in Southfield, Detroit, Lansing, […]

SOUTHFIELD, MICHIGAN—January 31, 2019— Signature Associates has been awarded the representation of 14,371 square feet of industrial space located at 38353 Abruzzi Drive, Westland, Michigan. This is an excellent industrial building with a clean warehouse and office. Includes a 30’x50’ walk-in cooler that can stay or go.   Chris Calvano of Signature Associates is the […]

SOUTHFIELD, MICHIGAN—January 31, 2019— Signature Associates has negotiated the sale of 52,400 square feet of industrial space located at 4590 Joslyn Road, Orion Twp., Michigan.   Joe Banyai and Paul Hoge of Signature Associates represented the seller, Harmony-Oron Inc. Joe Hamway, also of Signature Associates, represented the purchaser, Randal Bellestri. About Signature Associates Signature Associates […]

SOUTHFIELD, MICHIGAN—January 31, 2019— Signature Associates has negotiated the sale of 5,100 square feet of industrial space located at 12164 Wormer, Redford, Michigan to Cowdin Design.   Chris Calvano and Justin Gaffrey of Signature Associates represented the landlord, P&R Investment Co.   About Signature Associates Signature Associates (signatureassociates.com), with offices in Southfield, Detroit, Lansing, Grand […]

SOUTHFIELD, MICHIGAN—January 31, 2019— Signature Associates has negotiated the lease of 42,850 square feet of industrial space located at 51327 Quadrate Drive, Macomb Twp., Michigan to tenant Randazzo Mechanical. With this move, Randazzo is able to consolidate their current headquarters, Shelby Township Showroom, and Washington Township Call Center locations. The new facility will give them […]