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Metro Detroit’s Robust Industrial Market Draws Spec Development in Romulus

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 […]

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Michigan, Metro Detroit outpaced nation in economic recovery, report says

Posted By: The Detroit News on February 8, 2023.  For more information, please click here to read the source article. Michigan and Metro Detroit have outpaced the nation’s economic recovery in the wake of COVID-19, according to the Detroit Regional Chamber’s State of the Region report released Wednesday. “Starting in the summer of 2020, the Detroit region and […]

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

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

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Chinese LiDAR Firm RoboSense Opens North American HQ in Plymouth Township

Posted By: DBUSINESS on October 21, 2022.  For more information, please click here to read the source article. Jason Stough of Signature Associates was proud to be a part of this deal.   RoboSense, a provider of smart LiDAR sensor systems based in Shenzhen, China, today announced the opening of its North American headquarters at 46057 Five Mile […]

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Kroger Opens Distribution Facility in Romulus, Launches Home Delivery Service in Region

Posted By: DBUSINESS on October 19, 2022.  For more information, please click here to read the source article.   The Kroger Co. opened a Customer Fulfillment Center (CFC) in Romulus on Tuesday, facilitating its Kroger Delivery service in metro Detroit. The 135,000-square-foot facility will reach customers up to 90 minutes from the site. Kroger Delivery utilizes temperature-controlled vans […]

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SIGNATURE ASSOCIATES SELLS MULTI-TENANT INVESTMENT PORTFOLIO IN AIRPORT MARKET

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 […]

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Signature is named to Crain’s Cool Places to Work… again!

Signature is honored to be named a Crain’s Detroit Business Cool Places to Work for the sixth year! Thank you to the coolest team for helping us earn us this recognition! Signature’s exceptional leadership and cool culture promotes long-term growth, loyalty, teamwork, and a lot of fun! Read our full write-up here: https://bit.ly/3pv5Lbi

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As Interest Rates Climb, Multi-family Construction in Metro Detroit Surges

Posted By: dbusiness on July 26, 2022.  For more information, please click here to read the source article.   Based on new residential permit data compiled by the Home Builders Association of Southeastern Michigan (HBA) in Bingham Farms and reported in the HBA and Carter Lumber Southeastern Michigan Residential Building Activity Report, single-family home permits continued to drop, […]

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Former Sears at Macomb Mall Hits the Market for Sale

For sale information on the former Sears, contact Steve Gordon. Posted By: CoStar on June 30, 2022.  For more information, please click here to read the source article.  For listing information, click here. Seritage Taps Signature Associates To Handle Sale of Property Currently Anchored By At Home and Hobby Lobby Seritage Growth Properties has put the […]

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As Michigan office vacancies increase, what happens to the unused space?

A few years ago, Butzel decided it had more office space than it needed in Oakland County and Detroit and wanted to downsize. Having gone digital, the law firm didn’t need a library or a place to store files. Then the COVID-19 pandemic hit the state in March 2020, forcing many businesses to shift staff to remote […]

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Metro Detroit summer development guide 2022: Openings, closings, renovations abound

With the dust of COVID-19 finally beginning to settle, commercial development in metro Detroit is once again bustling. Big plans are in store for several the area’s shopping malls and office buildings, many of which were left abandoned or under-utilized during the peak of the pandemic. Read on to see what’s in store for notable […]

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Retail in metro Detroit isn’t dead. It’s just adapting.

These days, consumers actually have more places to shop, not fewer. Contrary to the common refrain about the death of retail, there has been an increase of nearly 11 percent in the amount of retail space in the five-county area the last 16 years. Large, but aged and dying, shopping centers like Summit Place Mall […]

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Signature Associates | Q3 2021 Market Reports

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

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Developers find creative new uses for tired, underutilized metro Detroit sites

A mall parking lot transformed into hundreds of apartments and offices. A former newspaper building converted to a luxury car dealership. An indoor soccer arena housing mortgage employees. The development business is fickle and subject to a raft of external factors: materials costs on any given day, market demand, availability of labor, zoning, community reaction, […]

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COVID-19 has transformed work. It could revolutionize the office next

COVID-19 has transformed work. It could revolutionize the office next

Over the last decade, there’s been a marked shift in many office environments in metro Detroit. Some companies based in spacious suburban offices with ample parking spaces moved to smaller and more expensive locations in downtown Detroit. Parking came in the form of packed garages, but these sacrifices were mostly considered justifiable because of the area’s walkability […]

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Chick-fil-A to expand to Shelby Township

Chick-fil-A to expand to Shelby Township

Metro Detroiters will have one more location where they can “eat mor chikin.” Chick-fil-A Inc. is planning to open its first stand-alone location in Metro Detroit. The Shelby Township restaurant will be the Atlanta-based fast-food chain’s fifth restaurant in Metro Detroit, the company confirmed Thursday. “Chick-fil-A is always looking for new locations to continue serving our customers, […]

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The state of the metro Detroit shopping mall

The state of the metro Detroit shopping mall

High-end malls like some in Oakland County are expected to continue to perform well far into the future in spite of a changing mall landscape in the state’s wealthiest county, and across the state and country. In fact, contrary to the popular notion that brick and mortar retail is dying a slow death at the […]

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