
Nick Manes
Staff writer, covers real estate, economic development and small business.
Twitter: @nickrmanes
Email: [email protected]
PE activity drives growth for Daniels’ M&A practice at Miller Johnson
While advising on more than two-dozen transactions over a 12-month period, Dustin Daniels saw firsthand the growth of private equity’s role in mergers and acquisitions in West Michigan.
Too much? West Michigan student housing rides the real estate development wave
The higher education student housing facilities of today have come a long way from the crowded dormitories familiar to many prior generations.
GRAM lawsuit highlights need for nonprofit transparency
GRAND RAPIDS — In the wake of a whistleblower lawsuit filed last month by its now-fired chief operating officer, the Grand Rapids Art Museum (GRAM) has to confront allegations that members of its executive leadership misused donor-restricted funds to cover gaps in its operational budget.
Townhouse apartment project planned for Grand Rapids’ northeast side
The boom in multifamily housing continues to spread to seemingly untouched areas of Grand Rapids.
Ashley Furniture store planned for former MC Sports store on 28th Street SE
GRAND RAPIDS — Another former MC Sports location in West Michigan could soon have a new tenant.
Meijer continues to restructure I.T. department
Supercenter retailer Meijer Inc. continues to restructure its information technology services department.
Lawsuit alleges Grand Rapids Art Museum misused donor-restricted funds
The former COO of the Grand Rapids Art Museum (GRAM) has filed a whistleblower protection lawsuit against his former employer, alleging widespread misuse of donor-restricted funds.
Veteran PR exec launches marijuana-focused business
When Roberta King decided it was time for a career change, she wanted to make sure her next phase involved something unique. The long-time vice president of public relations and marketing at the Grand Rapids Community Foundation ultimately decided the niche market of medical and legal recreational marijuana needed a “premier national and international communications firm.” King recruited fellow marketing and branding veteran Dottie Rhodes and the two officially launched Canna Communications LLC in late August. King spoke with MiBiz regarding the opportunities in the industry, ranging from consulting with startup businesses in the complex marijuana industry to organizing advocacy campaigns.
Metro Health medical office facility sells for $35 million in national deal
GRAND RAPIDS — A 105,000-square-foot medical office building fully occupied by Metro Health-University of Michigan Health was acquired by new owners as part of a multi-state, 25-building property deal, MiBiz has learned.
Lakeshore group seeks to bolster housing with new tools, grants
HOLLAND — Faced with a shortage of housing for people at various income levels, community leaders in Michigan’s fastest-growing county are exploring new ways to develop residential units.
Channel changes? West Michigan TV stations part of planned ‘transformational’ merger that runs afoul of FCC regs
GRAND RAPIDS — The path to close a $3.9 billion transaction between two giants in the television broadcasting industry could run directly through West Michigan.
Commercial real estate brokers worry tax reform could slow key investment vehicle
Although a formal GOP tax reform bill has yet to be introduced, executives in the commercial real estate industry are already expressing concern.
Grand Rapids Corporate Center acquired by local investor
A West Michigan commercial business park came under new ownership earlier this month.
Newell Brands plans $7.3 million expansion in Kalamazoo
Newell Brands Inc. plans to invest $7.3 million and create 87 new jobs as part of an expansion at its R&D facility in Kalamazoo.
RDV affiliate sells Cascade Township business park
An entity tied to Grand Rapids-based RDV Corp., a family office for the DeVos family, has sold a portion of a Cascade Township industrial park to a Detroit-area investor.
Honigman to relocate in Kalamazoo
Detroit law firm Honigman Miller Schwartz and Cohn LLP is vacating its downtown Kalamazoo office and relocating to a new office park south of the city’s central business district.
Vacant 20-acre site in Wyoming hits the market
A long-vacant 20-acre piece of land along 28th Street SW has now hit the market for $5.1 million.
Family-Owned Business Roundtable: Profits, preserving legacies and taking the long view
Running any business is challenging, but when you add the dynamics of family ownership into the mix, it creates an entirely different set of hurdles.
All in the family? Not always — West Michigan family-owned businesses turn to outside leaders
Family-owned companies often do what they can to keep their businesses in the family, but at times, that’s not always prudent
All in the family? Not always: West Michigan family-owned businesses turn to outside leaders
Family-owned companies often do what they can to keep their businesses in the family, but at times, that’s not always prudent
Rivertown reuse? Sources: Changes needed for nearly 20-year-old Grandville mall to remain viable
With the retail sector undergoing seismic shifts to its traditional bricks-and-mortar business model, large malls and shopping centers continue to seek out new ways to remain relevant in the future.
616 Development turns to mixed-income housing to move delayed projects forward
Two previously announced mixed-use projects from 616 Development LLC appear to be moving forward, albeit with significant changes.
West Michigan economic developers will pursue secondary Amazon headquarters
West Michigan economic developers plan to jump into an already crowded pool of contenders for Amazon.com Inc.’s proposed $5 billion second headquarters.
Public-private partnership explores $15M convention center in Muskegon
MUSKEGON — Public and private partners hope to leverage existing assets as they move ahead with plans to develop a $15 million convention center in downtown Muskegon.
Developers slow to build new condos in downtown Grand Rapids
GRAND RAPIDS — Citing demand for more diverse housing products, developers cautiously have started exploring whether to market new condominiums for sale in Grand Rapids’ downtown district.
Pioneering proposal: Kalamazoo becomes ‘laboratory’ for philanthropy-backed municipal finance
KALAMAZOO — About a year ago, William Johnston and Bill Parfet, two local businessmen with long-time connections to Southwest Michigan, approached the city of Kalamazoo with a potentially transformational proposal.
ICCF plans redevelopment in SE Grand Rapids
Inner City Christian Federation has proposed a mixed-use redevelopment in Southeast Grand Rapids.
Gordon Food Service alleged to be in violation of agreement with NY municipality
BUFFALO, N.Y. — A subsidiary of Gordon Food Service Inc. could have to repay approximately $180,000 in tax breaks it received from a county in western New York.
PACE energy financing initiative approved in Grand Rapids
The Grand Rapids City Commission adopted a measure aimed at easing the process for property owners to make energy efficiency upgrades.
New commercial building planned for Ada Township
The transformational project to reshape downtown Ada has attracted a new developer to the village.