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Displaying items tagged: Franklin Partners LLC

Tuesday, 01 November 2022 17:59

New owner to close Wyoming call center acquired from Booking.com

WYOMING — A Booking.com call center in Wyoming that was acquired by a global customer experience service provider early this year will close and lay off all 226 employees next month, according to filings with the state.

Sunday, 08 May 2022 18:00

Industrial, multifamily residential remain ‘darlings’ for commercial real estate lending

Lending to the commercial real estate sector remained strong through the first quarter, particularly for manufacturing and multifamily residential developments.

Published in Finance
Sunday, 13 March 2022 18:38

$40M grant program would help downtowns recover from remote work shift

As companies take varied approaches to in-person and remote work, commercial real estate experts generally agree that office square footage needs will likely shrink with the adoption of more hybrid workspaces.


Sunday, 13 March 2022 18:27

West Michigan office forecasts vary as quality spaces remain in demand

Commercial real estate experts have struggled to predict the future of the office market since the COVID-19 pandemic started, though they expect demand for high-quality office spaces to remain strong.

Thursday, 10 March 2022 09:47

‘LONG TIME COMING’: Franklin Partners purchases 74-acre Site 36 in Wyoming for future industrial redevelopment

WYOMING — Franklin Partners LLC has purchased the sprawling former General Motors stamping plant in Wyoming known as Site 36 for $5.25 million and plans to build a new industrial development on the property.

Sunday, 02 August 2020 19:34

Litigation, vacant spaces: How COVID-19 is shifting commercial real estate

When a California-based marketing firm consolidated 450 employees from Grand Rapids-area offices into a vacant commercial building three years ago, the move was celebrated by Wyoming city leaders and supported by a $550,000 state business development grant.


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, 23 December 2018 18:35

Crystal Ball 2019 Real Estate & Development Outlook: Despite talent crunch for contractors, development firms expect strong 2019

Even with a number of large-scale projects being built, West Michigan developers say they’re still thinking big for 2019. Multiple real estate and construction executives say they see no sign of the industry slowing down in the new year, although many believe companies’ focus could shift away from market-rate housing in downtown Grand Rapids. 


Sunday, 28 October 2018 15:56

Developer cancels downtown GR office project amid low demand

GRAND RAPIDS — With minimal “velocity” in the West Michigan office market, Franklin Partners LLC has backed away from plans to construct a $30 million, 100,000-square-foot glass and steel office project on the south end of downtown. 

Friday, 13 April 2018 09:41

Franklin Partners puts North Monroe industrial building on the market

The owner of a 370,000-square-foot vacant industrial building north of downtown Grand Rapids has decided to put it on the market.

Published in Breaking News
Sunday, 04 February 2018 00:59

Franklin Partners unveils plans for proposed GR office tower

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.


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, 29 October 2017 11:50

Shoot for the moon: In pitch to Amazon, Grand Rapids area shows it ‘punches above its weight’

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.

Published in Economic Development
Sunday, 20 August 2017 10:30

West Michigan industrial developers embrace new uses

Spurred on by the dearth of available manufacturing space across West Michigan, developers have started to add inventory in the region by building or expanding industrial parks.


Tuesday, 08 August 2017 10:51

Documents show significant changes for proposed downtown GR theater project

After more than a year of behind-the-scenes work, the developers of the proposed $140 million mixed-use movie theater project south of Van Andel Arena plan to step back into the spotlight this week.

Published in Breaking News
Sunday, 11 June 2017 20:00

With new joint venture, 616 Development positions for the future

GRAND RAPIDS — After a half-dozen staff departures and several stalled high-profile projects, 616 Development LLC has struck a new partnership to put the real estate firm back on what it sees as a growth trajectory.

Sunday, 28 May 2017 16:10

Kent County again weighs selling downtown GR office building

GRAND RAPIDS — With three offers on the table to acquire its under-utilized downtown office building, Kent County officials now have a decision to make: whether to actually sell the facility at 82 Ionia Avenue NW.


Sunday, 07 May 2017 20:00

3 developers bid on Kent County-owned downtown Grand Rapids office building

Kent County received three wide-ranging bids earlier this week for its 104,000-square-foot downtown office building at 82 Ionia Ave. NW.

Published in Breaking News
Sunday, 16 April 2017 12:56

Data enterprise: West Michigan grows as hub for call centers, data centers

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.

Published in Other
Saturday, 01 April 2017 05:00

Sources: Office tower, hotel proposed for Downtown GR movie theater district

GRAND RAPIDS — Developers behind a $140 million movie theater and mixed-use district south of Van Andel Arena want to expand the project to include a new office tower and hotel, MiBiz has learned.


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, 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.

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.


Monday, 11 July 2016 14:19

Kendall College opts out of plan to acquire Kent County-owned building

A previous plan by Kendall College of Art and Design to acquire and redevelop a Kent County-owned building will not go forward.

Published in Breaking News
Sunday, 29 May 2016 11:19

$50M in deals for two office buildings not the norm in downtown GR

GRAND RAPIDS — Commercial real estate brokers say the sale of two fully-leased, recently renovated office buildings in downtown Grand Rapids points to a healthy local economy, even if the transactions are far from the norm. 

Sunday, 03 April 2016 15:43

Developers, brokers find opportunity in West Michigan commercial real estate, despite concerns of overheating

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. 


Sunday, 28 February 2016 21:43

Franklin Partners details plans for Keeler Building redevelopment

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.

Published in Breaking News
Wednesday, 24 February 2016 14:36

Franklin Partners sells two downtown Grand Rapids properties

Development and property management firm Franklin Partners LLC has sold its two downtown office properties, according to principal Don Shoemaker.

Published in Breaking News
Wednesday, 20 January 2016 13:39

Franklin Partners under contract to acquire Keeler Building in downtown Grand Rapids

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.

Published in Breaking News