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Commercial Real Estate (94)

Just minutes north of downtown Grand Rapids, the Creston neighborhood along the Plainfield Avenue corridor is preparing for a ramp-up in development.

A resurgence among West Michigan manufacturers, particularly for automotive suppliers, has Class A industrial space at a premium — if not scarce — in the region.

Both Holland-based New Holland Brewing Company LLC and Founders Brewing Co. of Grand Rapids have announced expansions near downtown Grand Rapids that total near $55 million and are targeted for sites that were otherwise fairly “low use,” sources said.

Continued development activity around the new Cabela’s Inc. store in Grandville serves as a microcosm of a larger trend in big-box retail development in greater Grand Rapids.

A real estate developer wants the Grand Rapids Parking Commission to reconsider its plans to build a 276-space surface parking lot on city-owned property near the Grand River.

Judging by the second quarter real estate market reports from Colliers International’s West Michigan office, the region can expect to see reasonable growth and increasing rents in the months ahead.

Midsize cities in West Michigan could soon see more live-work options coming online.

An ongoing dispute between two Grand Rapids-based companies demonstrates one potential side effect of downtown redevelopment: litigation.

As Grand Rapids attracts growing numbers of travelers with events like ArtPrize, brewery tours, Restaurant Week and myriad business conventions, many out-of-town guests are turning to non-traditional lodging accommodations during their visit.

Frustrated with traditional real estate investment models, a pair of Grand Rapids-based investors formed a new platform that will help them and other investors tap into the crowd to fund deals.

A Ludington apartment complex and senior living facility is under new ownership.

A Fortune 500 third-party logistics firm with offices in Grand Rapids recently moved 70 employees from the suburbs to city’s northwest side.

A Manistee-based farm and winery wants to cash in some of its prime real estate and use the proceeds to fund its expansion and help meet the growing demand for Michigan-made ciders and wines.

Worklab by Custer is developing an alternative office space environment for a newly renovated downtown Grand Rapids office building. Worklab, a separate company formed under the Custer Inc. banner, recently inked a deal with developer Franklin Partners LLC to create 10,000 square feet of co-working space on the second floor of the 99 Monroe building.

Developers plan to convert one of Grand Rapids’ oldest office buildings into 40 market-rate apartments and an extended-stay hotel — and maintain some of its existing commercial tenants.

A new crowdfunding portal wants to encourage everyday people to invest in Michigan-based real estate projects that support startups and small businesses.

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