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

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

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Apartment developers push ahead despite high interest rates, costs in Metro Detroit

Posted By: The Detroit News on October 10, 2023.  For more information, please click here to read the source article.   As housing costs and demand continue to rise, developers are undertaking apartment projects in Metro Detroit, even in the face of high interest rates and growing construction costs. Among them are Marquette Companies, which recently renovated and […]

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Resilience, hope and a bright future in the Motor City: They were the focus during Detroit Industrial Summit

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 […]

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MEDC OKs $5M grant for $41M Samsung expansion, 368 new jobs in Auburn Hills

Posted By: The Detroit News on September 26, 2023.  For more information, please click here to read the source article. The Michigan Strategic Fund board on Tuesday approved a $5 million grant for Samsung SDI America Inc.’s plans to expand two facilities in Auburn Hills, creating up to 368 jobs. According to an MEDC briefing memo, the $41 […]

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Metro Detroit sees boom in industrial development

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 […]

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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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