Displaying items by tag: Colliers International

Friday, 13 October 2017 11:25

Jenison shopping center sells for $5.25 million

A fully-leased shopping center in Jenison has sold to California-based ET 102 LLC for $5.25 million.

Published in Breaking News
Sunday, 08 October 2017 21:28

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.

Sunday, 01 October 2017 17:21

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.

Thursday, 28 September 2017 12:32

Grand Rapids Corporate Center acquired by local investor

A West Michigan commercial business park came under new ownership earlier this month.

Published in Breaking News
Thursday, 21 September 2017 16:33

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.

Published in Breaking News
Sunday, 17 September 2017 12:29

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.

Monday, 17 July 2017 10:18

Two industrial buildings completed near Ford Airport

Amid a tight industrial real estate market, new construction continues to take hold.

Published in Breaking News
Sunday, 09 July 2017 14:34

DeVos-held firm gets loan deferment on GR facility amid struggle to fill retail space

GRAND RAPIDS — After running into challenges with leasing retail space at a prominent downtown redevelopment, a DeVos-held entity got permission from the state to delay its incentive loan repayments.

Sunday, 09 July 2017 14:26

As real estate market surges, West Michigan creatives ponder their place

When Brian Kelly first heard about a suburban space to move his Grand Rapids-based photography studio, he ignored the idea for one simple reason: It was in Kentwood.

Sunday, 18 June 2017 12:00

Amazon-Whole Foods deal could shake up grocery industry

News on Friday that Amazon.com Inc. planned to buy struggling organic food retailer Whole Foods Market Inc. sent shockwaves through the grocery industry, including in West Michigan.

Published in Breaking News
Wednesday, 17 May 2017 16:46

Grand Rapids real estate firm plans southern Kent County industrial park

Vision Real Estate Investment Inc. today announced plans to begin developing an industrial business park in southern Kent County just south of the U.S. 131 and M-6 interchange.

Published in Breaking News
Friday, 05 May 2017 13:35

Advantage Solutions plans office consolidation, relocation to Klingman’s site in Wyoming

WYOMING — Advantage Solutions plans to consolidate two Grand Rapids-area offices and move about 450 employees to a vacant retail site along 28th Street SW, multiple sources familiar with the plans confirmed to MiBiz.

Published in Breaking News

Sunday, 30 April 2017 15:18

REITs seize opportunities in West Michigan, but challenges could emerge

A new kind of institutional investor has started to capitalize on opportunities in West Michigan.

Sunday, 30 April 2017 15:07

Spate of store closures spurs debt worries for retail property owners

The retail real estate sector could be on the verge of a major upheaval, beyond the near steady stream of headlines about brick-and-mortar store closures and bankruptcies in recent weeks.

Friday, 17 March 2017 13:07

JC Penney announces store closings in Holland, Battle Creek

Retailer J.C. Penney Company Inc. said today that it would close 138 stores nationwide, including at two malls in West Michigan.

Published in Breaking News

Sunday, 29 January 2017 20:00

Rebranding the upper Midwest as ‘Trust Belt’ could benefit area economy

KC Conway is part of a contingent that wants to rebrand the so-called “Rust Belt” into the “Trust Belt.” Part of that initiative includes convincing the Federal Reserve to combine the Great Lakes and Plains regions of the country into one, which he says would have large economic benefits for a part of the United States often considered flyover country.

Published in Breaking News
Tuesday, 17 January 2017 13:24

Colliers real estate brokerage expands to Lansing

The West Michigan office of commercial real estate brokerage Colliers International Inc. has expanded to the Lansing market.

Published in Breaking News
Friday, 06 January 2017 12:02

New Apple store one of many possible changes coming to Woodland Mall

The ongoing build out of a new Apple Inc. store at Woodland Mall in Grand Rapids makes for just one of many changes at the region’s oldest enclosed shopping center.

Published in Breaking News

Sunday, 04 December 2016 20:00

Franklin Partners to lead development at former GM Stamping Plant known as Site 36

Stakeholders looking to redevelop one of West Michigan’s most storied industrial sites and attract high-quality manufacturing jobs have brought on a new partner.

Published in Breaking News
Sunday, 27 November 2016 16:18

Projects to watch: Developments take shape across West Michigan

WEST MICHIGAN — 2016 has featured a flurry of commercial real estate news, in a year that’s been defined by dwindling vacancies for developers and rising costs for end users. 

Sunday, 13 November 2016 13:29

New medical buildings spur suburban Grand Rapids office rebound

Large amounts of new office space, particularly for medical uses, will come online in suburban Grand Rapids in the near future, and it’s not expected to last long on the market. 

Sunday, 30 October 2016 16:50

Playing chicken? Developers, planners eye walkable development for busy Grand Rapids corridor

GRAND RAPIDS — A recent Grand Rapids Planning Commission decision underscores its long-term development goals for the high-traffic area near the intersection of Knapp Street and East Beltline Avenue. 

Sunday, 16 October 2016 19:11

Developers see mixed messages in downtown Grand Rapids office market

GRAND RAPIDS — Facing a dearth of high-amenity space in the downtown Grand Rapids market, commercial real estate stakeholders hope developers can soon begin to add Class A office inventory.

Wednesday, 12 October 2016 14:56

McGarry Bair law firm moves downtown Grand Rapids offices

McGarry Bair PC, a Grand Rapids-based intellectual property law firm, will move its downtown offices to the recently completed Arena Place mixed-use development at 45 Ottawa Ave. SW.

Published in Breaking News

Friday, 23 September 2016 13:18

Franklin Partners walks away from Keeler Building deal in downtown Grand Rapids

The last major vacant building in the core of downtown Grand Rapids will remain empty, at least for the foreseeable future.

Tuesday, 20 September 2016 12:21

California investment group acquires West Michigan industrial portfolio

Core Realty Holdings LLC, a Newport Beach, Calif.-based investment group, has acquired five nearly-full industrial properties around West Michigan.

Published in Breaking News
Sunday, 04 September 2016 15:18

MiBiz Growth Report: Sept. 6, 2016

Here is the MiBiz Growth Report for Sept. 6, 2016:

• M&A: Lansing-based Eckhart Inc., a portfolio company of private equity firm LFM Capital of Nashville, Tenn., acquired Auto Craft Tool & Die Inc. and 3 D Sales Inc., both of Algonac, Mich., in a deal to add more controls, robotics, and automation-based solutions and distribution capabilities. Auto Craft operates facilities in Marine City, where it makes material handling systems and specialized tooling for industrial manufacturers. The company manufactures door and instrument panel carriers and automatic guided carts. The related 3 D Sales business distributes industrial ergonomic and work cell components. The deal, the terms for which were not disclosed, was the first for Eckhart, a manufacturer of ergonomic assembly line equipment that last year joined the LFM Capital portfolio. The Nashville-based private equity firm focuses on lower middle-market manufacturers and industrial services providers with enterprise values in the $15 million to $75 million range.

Published in Breaking News

Monday, 22 August 2016 13:51

Spectrum Industries expands to south Grand Rapids industrial building

Automotive supplier Spectrum Industries Inc. will expand into a recently-sold industrial building on the south side of Grand Rapids.

Published in Breaking News
Thursday, 07 July 2016 09:47

Colliers West Michigan office acquired by global parent company

The West Michigan office of commercial real estate brokerage Colliers International is now under the corporate ownership of parent firm Colliers International Group Inc.

Published in Breaking News
Tuesday, 26 April 2016 13:17

Orion Construction moves forward with Fulton Street mixed-use development

Orion Construction Inc. today formally broke ground on its proposed $9.6 million mixed-use development dubbed Fulton Square in the Eastown neighborhood.

Published in Breaking News

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