Signature Associates

Posted By: mlive on May 20, 2023.  For more information, please click here to read the source article. A Grand Rapids-based tech firm, whose online app is designed to help stockholders claim company gifts and perks, has received a $510,000 state grant if it creates up to 73 jobs over the next three years.  TiiCKER, which has offices […]

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 […]

Posted By: Detroit Free Press on January 20, 2023.  For more information, please click here to read the source article. General Motors is investing $918 million in four U.S. plants for expanded V-8 engine production in light-duty full-size pickups and large SUVs as well as component parts for electric vehicles. GM made the announcement Friday at Flint Engine […]

Posted By: DBUSINESS on January 23, 2023.  For more information, please click here to read the source article. Cepton Inc., a Silicon Valley provider of high performance lidar solutions with a Center of Excellence in Troy, has completed its previously announced $100 million investment from its long-term automotive Tier 1 partner and current shareholder Koito Manufacturing Co. Ltd. […]

Posted By: MiBiz on December 9, 2022.  For more information, please click here to read the source article.   The group behind the revival of high-performance brand Buell Motorcycle Co. continues to build out its team, add sales infrastructure and invest in new product engineering and development in West Michigan. CEO Bill Melvin, who led an effort to secure […]

Posted By:  Regional Growth Partnership, Northwest Ohio.  For more information, please click here to read the source article.   Church & Dwight Co., Inc., has announced that it intends to move forward with an expansion project at its facility in the village of Old Fort, Ohio, involving at least $50 million in new investment and the creation of […]

Posted By: DBUSINESS on November 10, 2022.  For more information, please click here to read the source article.   The Michigan Economic Development Corp. in Lansing approved three major development projects in Flint, Lansing, and Parma representing a total capital investment of $116.5 million from the Michigan Strategic Fund. In Flint, funds will be used for the redevelopment […]

Posted By: The Detroit News on November 4, 2022.  For more information, please click here to read the source article.   Ford Motor Co. this week sold its Regent Court office building in Dearborn to a local real-estate developer who is planning a mixed-use redevelopment of the property. Mike Shehadi, CEO of Farmington Hills-based pharmacy company PharmaScript, confirmed […]

Posted By: mlive on November 7, 2022.  For more information, please click here to read the source article.   The pet treat division of Maryland-based Perdue Farms plans to open a production facility in Oceana County and begin operations there in October 2023. The family-owned food and agriculture company purchased a building at 168 Lincoln St. in Shelby […]

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: The Toledo Blade on September 7, 2022.  For more information, please click here to read the source article.   Toledo leaders say they hope redeveloping two of downtown’s largest and oldest buildings, the Spitzer and Nicholas, will spur additional investment in the area. Much of downtown could use such a jolt: Despite the revitalization of the […]

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: Inside Auburn Hills on August25, 2022.  For more information, please click here to read the source article. Signature Associates’ Greg Hudas and Joe Hamway are proud to have been a part of this deal.   Dana Thermal Products, a subsidiary of Dana Incorporated, a global leader in thermal management technologies for the mobility industry, has announced […]

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: The Oakland Press on July 11, 2022.  For more information, please click here to read the source article.   For some Oakland County communities, the economic windfall promised when recreational marijuana was legalized statewide is coming true. State data shows that some are seeing big returns and officials say the investments are paying off. Take Hazel Park. […]

Most entrepreneurs need some sort of jump start to get a business off the ground. That is the purpose of JumpStart, a nonprofit venture development organization that provides technical services and capital to Toledo-area Black, Latino, Hispanic and women-owned small businesses, said Vicki McDonald, JumpStart communications manager. “It is intended to help small businesses gain […]

A privately held real estate company in Georgia recently purchased Felch Street Shopping Center in Holland Charter Township for $21 million. The 166,100-square-foot shopping center is fully leased to national and regional retailers including Barnes & Noble, Bed Bath and Beyond, Jo-Ann Fabrics, Jonathan Stevens Mattress, Party City, PetSmart, Shoe Carnival, T.J.Maxx and Ulta Beauty. […]

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 […]

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 […]

Rail passengers traveling into and out of Detroit via Amtrak could see a new train station rise in the city’s New Center area in coming years. The Biden administration has announced a $10 million grant — money not connected to the recently passed $1.2 trillion infrastructure bill — to help fund the Michigan Department of Transportation’s longtime goal […]

Lansing City Council on Monday moved forward with supporting a $2.5 billion investment from General Motors Co. for a battery cell manufacturing plant near its Delta Township assembly plant. Council approved a resolution recommending the formation of a renaissance zone for the development in an application to the Michigan Strategic Fund. Granting a renaissance zone exempts persons and property […]

Amid a global pandemic that has shaken the brick-and-mortar retail industry even more, a Baltimore buyer is betting $34 million on the success of a key property across from Oakland Mall in Troy. Continental Realty Corp., a private equity fund, has purchased Oakland Center and Oakland Square at 14 Mile and John R roads totaling some 392,000 […]

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 […]

Signature Asssociates was proud to be a part of this transaction. Wisconsin-based Mayville Engineering Co. has changed the location of a previously announced plant to Hazel Park, where it plans to invest up to $45 million and hire 390 employees. The contract manufacturer previously said it would invest $51.5 million to set up in a former A123 […]

Matsu Ohio, a parts supplier that makes seat panels, door panels, and a variety of other metal products for the auto industry, will make a $4.5 million investment to expand its Williams County operations, adding 104 new jobs. The company said its investment in new machinery and equipment will help it take on more business […]

Site Selection Magazine has named Toledo No. 1 for new business investment among metropolitan areas with populations between 200,000 and 1 million, a ranking Mayor Wade Kapszukiewicz said the city has never before secured. Toledo tied with Savannah, Ga., for the top spot in the magazine’s Governor’s Cup 2020 awards. The mayor announced the economic […]

A metal services company is investing over $2.4 million to expand its facility in Holland Charter Township. Harbor Steel & Supply Corporation, a metal services company with four West Michigan locations and operations in West Virginia and Kentucky, is investing $2,466,444 to expand its facility at 2385 112th Ave in Holland Charter Township, according to […]

Detroit-based General Motors Co. has announced it will invest $75 million in its Toledo transmission manufacturing plant. Work on the upgrades is now underway. The investment will increase the plant’s capacity to build 10-speed automatic transmissions that are used in GM’s full-size truck products including the Chevrolet Silverado and GMC Sierra. “Through this investment, we […]

Libbey Glass LLC has announced it will maintain its Toledo operations, add a stemware line, and remain headquartered in the city. With the assistance from JobsOhio, the company plans to invest nearly $30 million over the next four years for those purposes, according to a business announcement released Monday by the Regional Growth Partnership. “We […]

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 […]

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 […]

General Motors announced plans Monday to invest $71 million into a pair of northwest Ohio manufacturing plants to retain jobs, while also paying back millions in tax credits for jobs it failed to keep elsewhere in the state. The Toledo GM Powertrain plant will receive $39 million to upgrade and enhance the production of the […]

Simon Property Group Inc., one of the nation’s largest retail center owners, today announced it exercised its contractual rights in an attempt to terminate its Feb. 9, 2020 planned merger agreement with Taubman Centers Inc. in Bloomfield Hills. Simon also filed an action today in the Circuit Court for the 6th Judicial Circuit of Oakland County […]

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 […]

Over $1 billion was invested in St. Clair County in 2019, and county officials are working to keep that momentum going. The Economic Development Alliance of St. Clair County held a luncheon this week with stakeholders, economic partners, community leaders and keynote speaker Amanda McClanahan, Michigan Economic Development Corporation’s chief operating officer. The region’s economic success for 2019 was celebrated, […]

Simon Property Group Inc.’s pending acquisition of an 80 percent interest in Taubman Centers Inc.’s The Taubman Realty Group LP will give Simon majority ownership of some of the highest quality malls in the U.S. And the $3.6 billion price tag on the 25 million-square-foot portfolio serves as a vote of confidence in the future of premier […]

General Motors Co. in Detroit today announced a $2.2 billion investment in its Detroit-Hamtramck assembly plant to produce all-electric trucks and SUVs. The plant will be the company’s first fully dedicated electric vehicle assembly plant. Renovations are expected to begin at the end of February. GM’s first all-electric truck will be a pickup with production […]

A group of community partners is launching a new initiative to map investment activity across Washtenaw County with the goal of building a more inclusive economy for all residents. The 2020 Washtenaw County Capital Report is being spearheaded by Ypsilanti-based investment advisory firm Revalue and the Ann Arbor Area Community Foundation (AAACF). They have also […]

Opportunity Zone investments are getting a foothold in Detroit. In the city, the neighborhoods the most replete with investment — downtown, Midtown, New Center, Corktown, Eastern Market, the Detroit riverfront and others — are squarely in Opportunity Zones, the official name of areas that has become sort of a catch-all term to refer to a […]

Officials say auto parts maker Faurecia is planning to invest $10.7 million and create 500 jobs in the Detroit enclave of Highland Park. The planned investment was announced Tuesday as the Michigan Economic Development Corp. said the company is expected to get a $2 million Michigan Business Development Program performance-based grant. Plans call for workers […]

The City of Flint and its potential for development was on the discussion table in Detroit Sunday as talk show host Mark S. Lee and editors of TheHUBmet with Metro Community Development CEO Brian Glowiak to discuss the more than $250 million in new investments and related small-business growth in the city. Glowiak was a […]

A St. Louis-based real estate investment firm acquired a large office property northeast of downtown Ann Arbor. Integris Ventures bought the 198,624-square-foot Earhart Corporate Center from a public real estate investment trust in mid-May, according to a news release. The purchase price and identity of the REIT were not disclosed. The 2006-built building is on […]