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Commercial Real Estate (218)

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.

A partnership involving two Illinois companies just picked up a portfolio of six industrial properties in West Michigan and one in northern Indiana totalling more than 1.5 million square feet.

A seemingly contradictory mix of greater independence and increased collaboration is helping reshape the traditional models of workspace and development in urban areas.

KALAMAZOO — Western Michigan University expected it would need the better part of two decades to fill up its Business Technology and Research Park, but just a dozen years later, university officials are ready to pull down the vacancy signs — at least temporarily.

The continued clamor from real estate brokers about the limited supply of high-quality industrial inventory across the state seems to be a fair assessment of the market.

In asking elected officials to be brave enough to solve the City of Kalamazoo’s budget problems, one developer is suggesting a bold solution: more taxes.

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