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Commercial Real Estate (218)

A Chicago-based developer of office and industrial sites across West Michigan is in the process of purchasing the firm’s second downtown Grand Rapids office building in the last two years.

A year after losing the Waters Building to foreclosure, the formers owners of the landmark property in downtown Grand Rapids are one step closer to buying it back.

Residential developers in downtown Grand Rapids and the adjacent neighborhoods could be missing out on an opportunity to serve a growing market segment.

After getting its feet wet with new processes for a couple of years, the Michigan Economic Development Corp. says it has improved how it delivers development and business incentives with a few minor tweaks.

Two new reports on real estate trends point to steady, incremental growth across most Michigan market sectors in 2014.

Eight apartment properties in and around downtown Grand Rapids have new owners.

A historic building on a main thoroughfare in downtown Grand Rapids that recently fell into receivership now has a new set of owners.

As real estate markets improved during this year, banks were able to further shed the foreclosed and repossessed properties they picked up during the recession.

Grand Rapids seems to wind up on a new “best of” list almost every other week.

Grand Rapids' Michigan Street corridor could be on the verge of another multimillion dollar round of development.

Compromise has long been the vehicle for peace treaties, choosing what movie to see on date night and countless other scenarios in life.

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.

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