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Commercial Real Estate (207)

As the economy has improved, banks have been slow to get back into financing commercial real estate development projects.

Having more money available to spur commercial real estate projects is a plus, even if those financing options aren’t for everyone.

More than a quarter million square feet of vacant industrial and office space in West Michigan could soon find a new user.

With high occupancy rates in industrial facilities and continued growth projected for West Michigan’s manufacturing sector, conditions seem ripe for speculative building to make a comeback. But speculators have yet to roll the dice on local projects. That dearth of new facilities leaves some worried that local companies will have to look elsewhere to grow.

Commercial real estate developers in West Michigan could soon get some much needed relief from their struggles to access bank financing.

West Michigan health systems are facing intense financial pressures in an unprecedented era of technological change, government reform and a rapidly growing need for quality care. That has many local health care executives asking: Do we need to be in the real estate business?

A familiar name in Michigan’s real estate development community is raising capital for a new fund aimed at adding some fuel to the deal-making environment in the state this fall.

Cities need a mix of compelling spaces, including historical properties, to help define their sense of place.

As developers have turned their attention to adding residential units in and around downtown Grand Rapids, they’re helping to create an environment that’s more conducive for urban retailers.

Developers looking to shelter gains from the sale of one property and use them for the purchase of another have a legitimate method to execute such an exchange, but the technique does often require the help of outside experts.

Many urban advocates agree that strengthening the relationship between education systems and city building is a key tenet to growing livable, prosperous communities.

Sharing meals, household chores and lives is becoming more commonplace for everyone from young adults to senior citizens.

One developer is betting big on the future of residential development in downtown Grand Rapids.

As demolition crews tear down the last parts of the Eagle Ottawa Leather Co. factory, many in Grand Haven are left to wonder what the second chapter will be for the former industrial site located along the Grand River.

The concrete-walled Grand River running through the heart of Grand Rapids might lack the picturesque vistas of the more remote rivers in northern Michigan, but the urban watershed more than makes up for that shortcoming through the quality of its fishery.

While developers focus on how the insides of their buildings function, they’ve mostly ignored the premium outdoor space that surrounds their properties.

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