GRAND RAPIDS –– When developer Franklin Partners LLC brings its proposed seven-story downtown office tower to market in the coming years, it will offer tenants Class A office space that’s currently in short supply across the city.
As 2017 comes to a close, West Michigan’s construction and development industry continues to show signs of strength.
GRAND RAPIDS — Officials from West Michigan acknowledge the region must overcome long odds in its bid to win the economic development sweepstakes for Amazon.com Inc.’s HQ2 project.
Driven by relatively affordable real estate and a diverse workforce, the West Michigan region has become a growing hub for call centers, administrative back offices and — to a lesser extent — data centers.
WYOMING — 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.
Despite a global economic slowdown and fears of overheating in major markets, stakeholders in West Michigan’s commercial real estate industry say current regional indicators continue to show signs of a healthy market.
Naperville, Ill.-based Franklin Partners LLC, a development and property management firm with offices in Grand Rapids, says it plans a complete internal makeover at the Keeler Building, a 102-year-old building at 56 North Division Ave. that it signed an option to acquire in January.
Development and property management firm Franklin Partners LLC has sold its two downtown office properties, according to principal Don Shoemaker.
Franklin Partners LLC, a Naperville, Ill.-based property investment firm with two other central business district office holdings, has entered into a contract with the option to acquire the Keeler Building at 56 North Division Ave., MiBiz has learned.