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Displaying items by tag: NAI Wisinski of West Michigan

Sunday, 19 June 2022 18:52

‘BOOMING’ SUBURBIA: Developers plan hundreds of new housing units in GR area

Suburban Grand Rapids is experiencing a spike in activity from both longtime and relatively new multifamily housing developers who see opportunity with high demand and often readily available land.

Sunday, 10 October 2021 16:30

Industrial real estate continues upward trajectory as manufacturing, distribution thrives

West Michigan’s industrial real estate sector continues to outpace expectations amid record-high demand for space, leading to some new construction despite high materials costs, substantial lead times and employers struggling to fill vacant positions.

Sunday, 26 September 2021 18:30

GR-area commercial retail market strong heading into holiday season

The retail sector of West Michigan’s commercial real estate market is seeing heavy activity despite many business owners struggling to stay fully staffed.


Sunday, 12 September 2021 17:15

Downtown GR office vacancy increases; experts clash on when space could be filled

GRAND RAPIDS — Rental rates are rising for prime downtown Grand Rapids office space, but vacancy rates are also up significantly compared to previous years, according to a recent report from global real estate services firm JLL.

Sunday, 25 April 2021 18:10

Multifamily developments reflect trend of younger generations renting longer

While Millennials are the largest generation by population and the largest group of homebuyers, the 25-to 40-year-old demographic also faces some of the steepest challenges to buying a home. 

Sunday, 25 October 2020 18:33

After activity, rent revenues drop, malls stuck in ‘waiting game’ through holiday season

Business has been brutal this year at the Holland Town Center outdoor mall because of COVID-19 shutdown orders, compounded by the fact that unique retailers don’t have a one-size-fits-all approach for adapting to state orders.


Sunday, 16 August 2020 17:10

West Michigan industrial market stays healthy during pandemic

The industrial sector in West Michigan has been the quickest in the real estate market to bounce back from the pandemic, nearly returning to where it was pre-COVID-19.

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, 26 April 2020 14:53

Brokers brace for changes in post-COVID-19 office environment

Offices across West Michigan sit temporarily vacant as the current statewide COVID-19 shutdown provides a stress test for businesses and their ability to operate effectively with a homebound workforce.


Sunday, 29 March 2020 18:30

CRISIS MODE: West Michigan execs talk leadership strategies amid pandemic

As a global pandemic began to hit West Michigan, executives around the region stepped up to lead their organizations and their employees through the time of crisis. 

Published in Economic Development
Sunday, 01 March 2020 18:10

Newaygo County working on development opportunities

Situated about 35 miles north of Grand Rapids, Newaygo County is a mostly rural area of Michigan that boasts an abundance of natural resources, but struggles with infrastructure. 

Friday, 07 February 2020 05:00

Total Wine plans first Michigan store for vacant Cascade Township site

CASCADE TOWNSHIP — National alcohol retailer Total Wine & More plans to open its first Michigan superstore in the greater Grand Rapids area, MiBiz has learned. 


Wednesday, 15 January 2020 15:13

Tribes partner in $17.5 million purchase of iconic McKay Tower in Grand Rapids

GRAND RAPIDS — Tribally owned Gun Lake Investments and Waséyabek Development Co. have jointly acquired McKay Tower in downtown Grand Rapids, MiBiz has learned.

Sunday, 22 December 2019 17:12

NAI’s Wisinski-Rosely projects strong Grand Rapids real estate market ahead for 2020

Following a busy year for real estate transactions across the region, NAI Wisinski of West Michigan Partner Mary Anne Wisinski-Rosely, who specializes in the office market, expects more of the same in 2020. She projects strength across all commercial real estate segments, especially in the area surrounding downtown Grand Rapids.

Saturday, 23 November 2019 16:52

Growth Report: November 23, 2019

Here is the growth report for November 23, 2019.

Published in Economic Development

Monday, 18 November 2019 16:56

Nail salon opens in long-vacant downtown Grand Rapids space

GRAND RAPIDS — A nail salon has opened a location in a prominent downtown retail space.

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.

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. 


Sunday, 18 August 2019 21:55

REAL ESTATE & DEVELOPMENT: Developers see opportunities with incoming marijuana companies

For a decade, mixed-used and industrial property developments have fueled West Michigan’s building boom. Now, we may be seeing the dawn of a cannabis construction era.

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. 

Tuesday, 23 July 2019 15:47

Bradley Co. closes on sale of retail center

KALAMAZOO -- Bradley Co. LLC has closed on a multi-tenant retail center in Norton Shores, the South Bend, Ind.-based real estate brokerage and property management firm announced Monday.


Monday, 15 July 2019 10:30

SpendMend leases new HQ in Cascade Office Park

GRAND RAPIDS — SpendMend LLC is the newest tenant at Cascade Office Park, Portage-based The Hinman Co. announced Friday.

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, 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.

Monday, 21 January 2019 15:42

Grand Rapids investment group buys East Fulton building for $1.1 million

A corner commercial building along the East Fulton Street corridor in Grand Rapids is under new ownership.


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 16:06

WalkerView continues growth spurt as industrial vacancy remains low

WALKER — Falk North America Inc. is the latest company to plan a move into WalkerView Industrial Park. 

Sunday, 25 November 2018 21:50

Tribal firm acquires historic Kendall Building in downtown GR

GRAND RAPIDS — The non-gaming arm of the Nottawaseppi Huron Band of the Potawatomi has acquired a downtown building for its headquarters as it looks to grow its federal contracting business, MiBiz has learned. 


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