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Displaying items by tag: Colliers International

Friday, 11 October 2019 11:35

New anchor store Von Maur set to open at Woodland Mall

GRAND RAPIDS — Woodland Mall is inviting shoppers to “rediscover” the center after its $100 million redevelopment, which has paved the way for a wave of new retailers. 

Sunday, 06 October 2019 11:58

Flexco plans relocation to WalkerView Industrial Park

WALKER — Flexco Grand Rapids, a manufacturer of conveyor maintenance equipment, is relocating its Michigan operations to the WalkerView Industrial Park. 

Sunday, 15 September 2019 13:17

West Michigan industrial vacancy remains at all-time low

GRANDVILLE — After searching for vacant sites in several other regions, the owners of Littlefoot Coffee Roasters LLC found space in Grandville that allows them to plant their roots back in Michigan and have room to expand in the future.


Sunday, 01 September 2019 15:29

Momentum continues for apartment development across Grand Rapids

GRAND RAPIDS — Developers of apartments in Grand Rapids are still seeing high demand for market-rate units.

Sunday, 01 September 2019 12:10

Developers find continued opportunities in condos, townhomes

Some housing developers in West Michigan are turning to condominiums and townhomes in targeting Millennials who are looking for more space and quieter locations. 

Tuesday, 20 August 2019 09:01

Littlefoot Coffee Roasters plans Grandville roasting facility

GRANDVILLE — Littlefoot Coffee Roasters plans to open a roasting facility in Grandville by the end of August. 



Tuesday, 06 August 2019 16:36

Multi-state developer purchases former Amstore headquarters

GRAND RAPIDS — An affiliate of Bloomfield Hills-based Kojaian Management Corp. has purchased the 925,000-square-foot former headquarters of Amstore Corp. 

Sunday, 07 July 2019 19:00

‘FLIGHT TO QUALITY:’ Amenity-rich Class A office space still in demand in GR, suburban markets

GRAND RAPIDS — The opportunity to lease brand new office space in the heart of downtown Grand Rapids offered Van Wyk Risk Solutions the chance to grow into a new location. 

Sunday, 07 July 2019 19:00

Wyoming remains patient with Site 36 redevelopment

WYOMING — A 92-acre shovel-ready industrial property sits empty about five miles south of downtown Grand Rapids, even amid a shortage of available manufacturing spaces across West Michigan.


Sunday, 09 June 2019 19:00

Low vacancies, high interest remain along Grand Rapids’ traditional retail corridors

Despite a range of threats and challenges, including very low vacancy rates market-wide, West Michigan’s traditional shopping corridors continue to thrive. 

Sunday, 09 June 2019 19:00

RETAIL ROUNDTABLE: West Michigan retail sector prepares for changes, prioritizes customer experience

The retail industry finds itself at a crossroads of many diverging influences. 

Tuesday, 19 March 2019 15:50

Developers plan affordable housing for former Heritage Hill church

A vacant church in Grand Rapids’ Heritage Hill neighborhood could be transformed into affordable housing by next year.



Monday, 11 March 2019 11:25

Schostak Development buys Grand Rapids distribution facility for $24.1 million

The real estate and development arm of Livonia-based Schostak Brothers & Co. has purchased a 950,000-square-foot distribution facility in Grand Rapids.

Sunday, 10 February 2019 22:37

Grand Rapids shopping center sells to Michigan investor

GRAND RAPIDS — A strip shopping center along 28th Street has new owners. Grand Central Plaza, located at 2035 28th St. in Grand Rapids, was sold to an undisclosed Michigan-based firm, according to NAI Wisinski of West Michigan.

Friday, 01 February 2019 12:49

REPORTER’S NOTEBOOK: Attracting young workers from outside GR remains a priority

Marketing Grand Rapids as a place for young people to live and work is becoming increasingly important to the local economy.

Published in Talent

Thursday, 31 January 2019 04:05

GVSU economist expects ‘soft landing’ for West Michigan in next recession

Grand Valley State University economist Paul Isely still believes the U.S. economy could dip into a recession within a year, although West Michigan is likely to experience a “soft landing.”

Published in Economic Development
Sunday, 09 December 2018 16:24

Vacant land plays growing role in West Michigan real estate

With vacancy rates across all commercial real estate sectors at near record lows in West Michigan, industry executives say buyers have increasingly turned their attention to vacant land.

Sunday, 09 December 2018 16:09

Roundtable: Execs see more growth ahead for urban projects amid continued demand for amenities

Stakeholders in West Michigan’s commercial real estate, architecture and construction industries are coming off another big year for development and see few signs that indicate a significant slowdown in 2019. 


Tuesday, 20 November 2018 13:46

Family-owned apartment building near downtown GR sells for $10.25 million

An East Lansing property management firm closed this week on a deal to buy a 107-unit apartment building just east of downtown.

Sunday, 11 November 2018 20:09

Amid changes, local commercial real estate brokerages see growth potential

GRAND RAPIDS — Changes involving a pair of West Michigan commercial real estate brokerages could signal future growth opportunities for the firms, sources say. 

Saturday, 18 August 2018 17:34

Stately quarters or royal mess? Polarizing Grand Castle embodies developer’s dream for luxury living

GRANDVILLE –– Amid an apartment building boom across West Michigan, the Grand Castle stands out in ways few other projects do.


Sunday, 24 June 2018 14:00

REPORTER’S NOTEBOOK: Hinman project aside, Grand Rapids apartment development likely to continue

News that The Hinman Co. plans to move forward with its long-planned tower in downtown Grand Rapids — albeit without 29 floors of residential units — indicated to many observers that the bottom has fallen out of the city’s apartment market.

Friday, 11 May 2018 12:31

Two large Wyoming apartment complexes hit the market

Two apartment complexes in suburban Grand Rapids are back on the market after being purchased in 2015 for almost $100 million.

Published in Breaking News
Sunday, 29 April 2018 15:26

Retailers hope SCOTUS will level playing field with e-commerce regarding taxes

A U.S. Supreme Court ruling expected this summer could either clarify or bring further uncertainty to the debate over when states can force online retailers to collect sales taxes.


Sunday, 29 April 2018 15:24

Fate of Rivertown Crossings reflective of broader retail uncertainty

The uncertain future of Rivertown Crossings Mall in Grandville has cast a pall over West Michigan’s retail real estate market, where demand from new entrants is strong but places to put them remain in short supply.

Sunday, 04 March 2018 18:52

MiBiz Growth Report: March 5, 2018

Here is the MiBiz Growth Report for March 5, 2018:

• M&A: After nearly doubling the business over the last two and a half years, the private equity owners of Action Fabricators Inc. decided the market timing was right to find a partner to take the company to the next level. Last week, Chattanooga, Tenn.-based River Associates Investments LLC announced it had sold the Grand Rapids-based manufacturer of adhesive-backed products for the automotive and medical device industry to Boyd Corp. of Modesto, Calif. Terms of the deal were not disclosed. Action Fabricators grew revenues from around $45 million in 2015 to nearly $80 million at the time of the sale. President and CEO Jon Rudolph and the rest of the management team will stay on with the new owners. Boyd is a portfolio company of San Francisco-based Genstar Capital. Milwaukee, Wis.-based Robert W. Baird & Co. represented Action Fabricators in the deal.

Published in Breaking News
Wednesday, 28 February 2018 08:03

Deal expands multifamily brokerage capability for Colliers in Grand Rapids

In a new deal, the Grand Rapids office of Colliers International Inc. seeks to expand its multifamily business.

Published in Breaking News

Sunday, 21 January 2018 12:21

Location factor: Strong apartment demand persists in GR, with thousands of units on the way

GRAND RAPIDS — Demand remains strong for urban apartments, although occupancy rates for the burgeoning market have begun to slip as new units come online. 

Sunday, 10 December 2017 13:01

Strength of West Michigan real estate industry should carry over into 2018

As 2017 comes to a close, West Michigan’s construction and development industry continues to show signs of strength.

Sunday, 10 December 2017 12:57

A ‘healthy’ market: Brokers reflect on West Michigan commercial real estate deals in 2017

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


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