While inventory remains constrained, the value of commercial real estate transactions continues to gather momentum in West Michigan.

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.

A Chicago-area real estate investment firm has purchased the Tesla Tool and Die plant in Grand Rapids as part of a multi-state, 11-building portfolio, MiBiz has learned.

Published in Breaking News