Office sublet space in Detroit remains elevated
Posted By: CoStar on November 14, 2024. For more information, please click here to read the source article. Just over 2.2 million square feet of Detroit office space is on the market for subleasing after pulling back 19% from the all-time high reached during the third quarter of 2023. The amount of sublet space has risen above 2 […]
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Midwest real estate market update: Navigating a sluggish year with glimpses of optimism
Posted By: REJournals on October 10, 2024. For more information, please click here to read the source article. The real estate market in the Midwest has experienced a year marked by economic uncertainty, a restrictive lending environment, and lower transaction volumes. Assessing the year up to the final quarter of 2024, the capital markets have been nearly frozen, […]
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The Detroit News to leave Fort Street office, seek new space
Posted By: Detroit News on October 2, 2024. For more information, please click here to read the source article. The Detroit News is looking for a new home after being recently notified by its building owner that it will need to leave its space in the former Federal Reserve building by the end of the year. The business […]
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As Grand Rapids eyes big downtown investments, residents push for more affordable housing
Posted By: mlive on October 6, 2024. For more information, please click here to read the source article. The vision for a reimagined riverfront in Grand Rapids is coming to life. Construction is now underway on Acrisure Amphitheater, and plans are in motion to activate a nearby stretch of the Grand River with pedestrian trails, high-end housing, a […]
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Old Kmart HQ site redevelopment in Troy slated to start in 2025
Posted By: The Detroit News on September 11, 2024. For more information, please click here to read the source article. Plans for the former Kmart headquarters in Troy are taking shape. During a meeting before the city’s planning commission this week, Nathan Forbes, president of the Forbes Company, highlighted plans for project called Somerset West along West Big […]
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Commercial Real Estate Deal Flow Shows Signs of Revival
Posted By: CoStar on August 20, 2024. For more information, please click here to read the source article. In commercial real estate, numbers tell the story, and as the third quarter of 2024 unfolds, the figures are beginning to shift the perception of future deal flow toward cautious optimism. Through June of this year, total property sales of […]
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Charter School Inks Lease Deal at Michigan Office Building
Posted By: CoStar on August 23, 2024. For more information, please click here to read the source article. Crescent Academy charter school has signed a lease to occupy the majority of Lahser Center II in Southfield, Michigan. Following a build-out period, the academy will move into 66,000 square feet of space in the fall of 2025. Located at […]
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Detroit’s resiliency in full effect as local CRE market remains healthy
Posted By: REjournals on August 14, 2024. For more information, please click here to read the source article. It wasn’t too long ago that the news coming out of Detroit was always negative. Today, though? There’s plenty of positivity surrounding Detroit, its suburbs and the region’s commercial real estate market. That’s largely because the Detroit real estate market […]
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5 Top Tenant Amenities for 2024 and How to Choose the Right Ones
Posted By: buildings.com on May 2024. For more information, please click here to read the source article. Tenant amenities are more important than ever in the effort to bring employees back to office spaces. Driven by requests from tenants, owners are looking for opportunities to strategically upgrade office buildings in ways that will drive foot traffic. “Different tenants […]
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Dan Gilbert says officials are in ‘brainstorming mode’ on Renaissance Center’s future
Posted By: The Detroit News on May 29, 2024. For more information, please click here to read the source article. Dan Gilbert said he and other business and government leaders are still in “brainstorming mode” for what to do with downtown Detroit’s Renaissance Center, the General Motors Co. global headquarters that the automaker will vacate next year. “I […]
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New $80M Mixed-use Building Coming to Downtown Birmingham
Posted By: DBUSINESS on May 9, 2024. For more information, please click here to read the source article. Boji Group today announced the construction of a new $80 million, mixed-use building at 370 Brown St. in downtown Birmingham that will include residential units, office space anchored by JPMorgan Chase, and rooftop amenities. The modern four-story structure, totaling 135,000 […]
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AI Will Probably Boost Office Demand. And CRE at Large.
Posted By: Commercial Property Executive on April 26, 2024. For more information, please click here to read the source article. You don’t have to search long for AI enthusiasts in commercial real estate, but then again, the skeptics are also around the corner. Sure, such emerging technologies might end up defining the whole century, but when it hits a lot […]
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More than 80% of office landlords seeing an increase in lease renewals
Posted By: REJournals on April 11, 2024. For more information, please click here to read the source article. A slow recovery in the office sector? It’s better than no recovery at all. That’s the takeaway from VTS’ fifth annual Global Landlord Report released in early April. And here’s the best news from the report: VTS says that more than 80% of […]
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Property Management Success: Attracting and Retaining Gen Z Office Workers
Posted By: Commercial Property Executive on March 31, 2024. For more information, please click here to read the source article. A big part of the post-pandemic shift in office use is that workers often expect their spaces to provide many benefits of remote work, and then some. Amenity spaces, events, and food and beverage offerings all aim to outweigh […]
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How Office Features Stack Up in Getting Tenants To Pay More
Posted By: CoStar on March 24, 2024. For more information, please click here to read the source article. Office tenants across the country have been shedding large amounts of real estate for the past several years, but some building features can not only convince tenants to keep leasing the space, but get them to pay a premium for […]
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Downtown Toledo’s office, apartment vacancy increased last year, reports say
Posted By: The Toledo Blade on February 12, 2024. For more information, please click here to read the source article. Downtown Toledo offices continued to empty out last year, while downtown’s typically low apartment vacancy rate ticked up slightly as well, according to new reports from the real estate firm Reichle Klein Group. Downtown office vacancy stood at […]
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Office-To-Apartment Conversions In Major Cities Quadruple In 4 Years
Posted By: BISNOW on January 22, 2024. For more information, please click here to read the source article. The number of apartment spaces being created in office buildings across major cities this year has risen to over 55,000, four times higher than the 12,100 under conversion in 2021, according to a new report. The 55,339 office-to-apartment makeovers scheduled for this year mark […]
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One type of office space that isn’t seeing soaring vacancy rates? High-rises
Posted By: REJournals on January 3, 2024. For more information, please click here to read the source article. While demand for office space has been sluggish since the start of the COVID-19 pandemic, there is one office sector that is still seeing lower vacancy rates: high-rise buildings. New research from JLL suggests that vacancy rates will remain low in the […]
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2 Renaissance Center towers in Detroit just sold: What it means for downtown office market
Posted By: Detroit Free Press on January 3, 2024. For more information, please click here to read the source article. The vacancy rate is up, leasing prices are down and employers still aren’t demanding everyone be back in the office like it is 2019. Yet this current state of the downtown Detroit office market did not […]
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Detroit’s office market still facing high vacancies, negative absorption
Posted By: REjournals on October 20, 2023. For more information, please click here to read the source article. More of the same struggles. That’s what the Detroit market is facing in its office sector. According to the third quarter office report released by Newmark, the Detroit metropolitan area office vacancy rate climbed 50 basis points during the quarter to […]
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Corewell Health wants to demolish 5 buildings to make room for parking for new downtown campus
Posted By: mlive on October 8, 2023. For more information, please click here to read the source article. As construction continues on Corewell Health’s eight-story, $98 million administrative office complex on Monroe Avenue NW, the health system is now seeking approval to demolish five nearby buildings and replace them with four surface parking lots. The health care provider’s request for […]
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U-Turn Permitted: Companies Rethinking Office Abandonment After RTO Mandates
Posted By: BISNOW on August 29, 2023. For more information, please click here to read the source article. With more businesses implementing return-to-office mandates and adding more teeth to those they have in place, some of the country’s best-known companies are doing something large enterprises don’t like to do: They’re reversing course. It’s not the full-fledged return to the […]
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Packin’ up: Self-storage spaces grow into new places in Metro Detroit
Posted By: The Detroit News on August 14, 2023. For more information, please click here to read the source article. Metro Detroit’s self-storage industry is growing in unorthodox places as people look for places to store their stuff. Once located off the beaten path, these facilities are now more visible in repurposed buildings, as the need for other […]
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Who Wants Espresso Bars and Cornhole Boards at the Office? Fewer Workers Than You Might Think.
Posted By: CoStar on August 10, 2023. For more information, please click here to read the source article. Maybe barista bars and pickleball courts aren’t that important to workers after all. Since the waning days of the pandemic, employers have tried just about everything to lasso workers back to the office. Some have swapped out aging desks and […]
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Some are taking advantage of Detroit’s slow office space market
Posted By: The Detroit News on July 19, 2023. For more information, please click here to read the source article. At the Marko Law office downtown, attorneys are settling into their new office space. The lobby is prepped to receive a Detroit-themed mural and a conference room awaits a Spanish woodworker’s large table top that will be delivered […]
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New restaurants, boutiques part of mixed-use plan for downtown Muskegon bank building
Posted By: mlive on June 24, 2023. For more information, please click here to read the source article. In downtown Muskegon, an old bank building that has sat vacant is being transformed into a mixed-use space that includes a restaurant collective with diverse cuisines and boutique retailers. The plan for the six-floor building, located at 221 W. […]
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The property management challenge: It’s all about managing tenant experiences
Posted By: REjournals on June 7, 2023. For more information, please click here to read the source article. The property management business has evolved. There was a time when property management teams focused on making sure the snow was plowed, trash picked up and lights stayed on. Those are still important jobs. But today, property managers are equally […]
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What’s the future of the Jefferson Center and UpTown after Bitwise’s collapse?
Posted By: Toledo Blade on June 11, 2023. For more information, please click here to read the source article. Almost two weeks after Bitwise laid off its entire work force, including about 15 employees in Toledo, it remains unclear what will become of its historic UpTown building, which recently underwent a $38 million overhaul. ProMedica, which had partnered with the Fresno, Calif.-based […]
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Taylor purchases former Dana credit campus, 2 other properties
Posted By: Toledo Blade on June 8, 2023. For more information, please click here to read the source article. Taylor Automotive Family on Thursday announced the purchase of three properties in the Toledo area, including the former world headquarters of Dana Commercial Credit and ProMedica at 1801 Richards Rd. in Toledo. The Richards Road campus totals more than […]
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Space Constraints
Posted By: DBUSINESS on May 18, 2023. For more information, please click here to read the source article. Fifty years ago, downtown Detroit staked its economic revitalization to the Renaissance Center. It was a stretch project if ever there was one — a $357-million Hail Mary that Henry Ford II, then chairman and CEO of Ford Motor Co., […]
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Office landlords squeezed by falling occupancy rates, refinancing difficulties. Here’s why
Posted By: The Detroit News on May 25, 2023. For more information, please click here to read the source article. The failure of several large lenders earlier this year and the banking turmoil that followed have fueled worries for owners of office space such as Boston Properties and Vornado Realty Trust. The sharp runup in interest rates by the Federal […]
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JPMorgan Chase’s Al Brooks Gives His 2023 Midyear CRE Outlook
Posted By: Commercial Observer on May 1, 2023. For more information, please click here to read the source article. Economic uncertainty remains high for commercial real estate through the rest of 2023. There are plenty of big questions, including the interest rate environment and the future of office space. But there are also positives: Multifamily and industrial […]
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Office Utilization Surges As Spring Emerges
Posted By: BISNOW on April 26, 2023. For more information, please click here to read the source article. Office space utilization spiked recently, according to separate metrics that track it, published by VTS and Kastle. Demand for office space nationwide rose 31.3% from February to March, according to the latest VTS Office Demand Index. The index, which ranks […]
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Property Management’s Role in the Development of New Office Spaces
Posted By: Commercial Property Executive on March 15, 2023. For more information, please click here to read the source article. From amenity spaces to the carbon footprint, property managers play a central role in the design of commercial offices. Traditionally, the design and development of commercial office spaces has been the task of architects, engineers and urban planners. […]
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Today’s Most-Desired Office Amenities
Posted By: Commercial Property Executive on April 24, 2023. For more information, please click here to read the source article. A new survey by design firm SGA highlights both traditional and emerging preferences. The top amenities currently in demand by office users are a mix of both continuing and emerging trends, including coffee shops, air-purification systems, access to outdoor […]
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Large housing, retail project would transform aging, industrial stretch of Grand Rapids
Posted By: mlive on April 11, 2023. For more information, please click here to read the source article. Several dilapidated, largely vacant warehouses along the 600 block of Godfrey Avenue SW would be transformed into a 475-unit housing development with office, retail and event space, and a food hall under a proposal from three metro Detroit developers. The […]
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SIGNATURE ASSOCIATES CELEBRATES A SUCCESSFUL 2022!
Signature held its Annual Sales Awards celebration at our Southfield headquarters Wednesday morning. It was an extra special morning filled with Signature team spirit, camaraderie and an amazing breakfast prepared on-site by Andiamo. As the awards were presented, each winner spoke about the importance of the Signature family environment, the unwavering support and dedication of […]
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ASPINA America Moves into Burroughs Building in Plymouth Township
Posted By: DBUSINESS on February 23, 2023. For more information, please click here to read the source article. ASPINA America, a California-based technology and software company, has relocated its metro Detroit area office of nearly 20 years in Farmington Hills to the Albert Kahn-designed Burroughs Building in Plymouth Township. The office is located on the main floor […]
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‘Positive trajectory’: Office return builds hope for downtown Detroit businesses
Posted By: The Detroit News on January 24, 2023. For more information, please click here to read the source article. With businesses starting to encourage or require in-office work, downtown is expected to be its busiest this year since the pandemic sent office workers home in March 2020. Next week, thousands of General Motors Co. employees will descend […]
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Land bank picks Cincinnati developer to overhaul two Toledo ‘skyscrapers’
Posted By: Toledo Blade on January 11, 2023. For more information, please click here to read the source article. The Lucas County Land Bank on Wednesday chose a Cincinnati developer that it hopes will eventually transform two of downtown Toledo’s oldest and largest office buildings — the Spitzer and Nicholas — into hundreds of apartments and ground-level commercial […]
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Developers detail $1.5B District Detroit mixed-use plan
Posted By: The Detroit News on November 29, 2022. For more information, please click here to read the source article. Community members who met with developers Tuesday evening to hear about the proposed $1.5 billion joint venture between the Ilitch family organization and developer Stephen Ross had key questions about the mixed-use development plan including affordable housing, […]
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These Australian Entrepreneurs Hope Combining Offices and Storage Units Stirs US Demand
Posted By: CoStar on November 18, 2022. For more information, please click here to read the source article. Two entrepreneurs from Australia picked Austin, Texas, to open their first U.S. commercial condominium project where tenants own their office or storage space, and plans are in the works to expand the concept into multiple cities across the country […]
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Tech, not amenities, the key to bringing office workers back?
Posted By: REJournals on November 17, 2022. For more information, please click here to read the source article. What will bring workers back to the office? Many companies are banking on flashy, high-end office spaces filled with amenities such as onsite cafes, fitness centers and high-tech conference centers. But a new survey suggests that these amenities might […]
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A record-setting day at REjournals’ 8th annual Detroit Commercial Real Estate Summit
Posted By: REjournals on November 8, 2022. For more information, please click here to read the source article. Signature Associates’ Joe Hamway was proud to be a member of Detroit Market Sector panel. It was a record-breaking event. More than 200 of the top commercial real estate professionals working the Detroit market attended REjournals’ 8th annual Detroit Commercial […]
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Mercedes-Benz Financial Services Debuts New Farmington Hills HQ
Posted By: DBUSINESS on September 28, 2022. For more information, please click here to read the source article. Mercedes-Benz Financial Services USA (MBFS), which provides brand-specific financing and leasing products and insurance services, has opened its newly constructed corporate campus in Farmington Hills. The headquarters project, designed to support MBFS’ new hybrid workforce model, was completed within […]
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Huntington Bank opens 21-story building in downtown Detroit
Posted By: The Detroit News on September 21, 2022. For more information, please click here to read the source article. About 100 political leaders and community members gathered Wednesday to celebrate the opening of a new office building downtown that will house Huntington Bancshares’s commercial banking headquarters. The 21-story Huntington Tower held hundreds of bank employees and […]
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Four developers shortlisted to redevelop Toledo’s Spitzer, Nicholas buildings
Posted By: Toledo Blade on September 22, 2022. For more information, please click here to read the source article. The Lucas County Land Bank said Thursday that four developers have been formally shortlisted to redevelop the Spitzer and Nicholas buildings in downtown Toledo. Eight development teams submitted initial proposals. The four finalists will be invited to submit […]
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GR nonprofits to redevelop former industrial site with housing, offices, ‘tiny home’ community
Posted By: MiBiz on August 31, 2022. For more information, please click here to read the source article. A pair of Grand Rapids nonprofits plan to redevelop a vacant furniture manufacturing building on the city’s south side into housing and office space and also construct an onsite tiny home community. Mel Trotter Ministries and Next Step of West Michigan — […]
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Report: commercial real estate shows resiliency
Posted By: Grand Rapids Business Journal (As seen on WZZM TV 13) on August 19, 2022. For more information, please click here to read the source article. Despite continued uncertainty in a turbulent market, the state of commercial real estate in West Michigan still shows some flexibility. “While there are definitely things going on that are […]
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Majorel chooses site for downtown Detroit office
Posted By: The Detroit News on August 1, 2022. For more information, please click here to read the source article. Majorel, a customer experience management company, announced Monday it has selected a location in downtown Detroit for its office space. The company’s office at 211 West Fort St., with space for up to 600 employees, is expected to open […]
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Marketing firm purchases west side GR office as in-person work returns
Posted By: MiBiz on August 8, 2022. For more information, please click here to read the source article. Marketing agency 1 Bold Step LLC has purchased a small office building on Grand Rapids’ west side as company executives gradually return to more in-person work. The Grand Rapids-based marketing firm purchased the building at 1255 Front Ave. NW for $575,000 […]
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Lockton Opens Downtown Detroit Office to Accommodate Growth
Posted By: dbusiness on July 26, 2022. For more information, please click here to read the source article. Lockton, an insurance brokerage firm headquartered in Kansas City, has announced a new office in downtown Detroit designed to increase its footprint in the city and accommodate its growing team. Set in the heart of the historic Paradise Valley […]
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Reports show commercial real estate health in West Michigan
Posted By: Grand Rapids Business Journal on July 21, 2022. For more information, please click here to read the source article. A new series of reports showed commercial real estate in West Michigan appears healthy despite recent challenges. Colliers West Michigan on Tuesday, July 19, released its newest market trend reports on the industrial, retail and office […]
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Over 200 acres by Ann Arbor’s Briarwood Mall now zoned for high-density development
The biggest property rezoning in recent Ann Arbor history is now finalized. City Council voted 8-3 Monday night, April 5, to OK reclassifying over 200 acres around Briarwood Mall under the city’s new TC1 transit-corridor zoning category to pave the way for downtown-style development on the city’s south side. “I’m very excited about this step […]
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5-story retail, residential project planned near historic Birmingham post office building
Big plans are in store for a historic building on the west side of downtown Birmingham. A mixed-use development is planned for the parking lot adjacent to the old post office at 320 Martin St. The planned five-story building would include retail space on the bottom floor, with space on upper floors dedicated to both office […]
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Construction costs for Detroit area office build-outs soar at ‘unprecedented’ rate
For those looking to build out new office space, it’s going to set you back much more this year than it did last year. A new report from JLL, a Chicago-based brokerage with an office in Royal Oak, says the cost of constructing new office space in metro Detroit has increased by double digits in […]
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As Michigan office vacancies increase, what happens to the unused space?
A few years ago, Butzel decided it had more office space than it needed in Oakland County and Detroit and wanted to downsize. Having gone digital, the law firm didn’t need a library or a place to store files. Then the COVID-19 pandemic hit the state in March 2020, forcing many businesses to shift staff to remote […]
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Pinnacle Construction plans $13M historic renovation for riverside apartment, office development
Pinnacle Construction Group Inc. plans to renovate historic buildings next to its Grand Rapids headquarters along the Grand River to create a 12-unit affordable apartment building with office space. The approximately $13 million project at 974 Front Ave. NW on the west side of the Grand River would be LEED-certified with apartment units that achieve 60 […]
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Metro Detroit summer development guide 2022: Openings, closings, renovations abound
With the dust of COVID-19 finally beginning to settle, commercial development in metro Detroit is once again bustling. Big plans are in store for several the area’s shopping malls and office buildings, many of which were left abandoned or under-utilized during the peak of the pandemic. Read on to see what’s in store for notable […]
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Report indicates Q1 industrial, office vacancy trends differ
JLL released its 2022 first-quarter West Michigan industrial and office reports, and the differences are striking. The industrial report revealed that 921,392 square feet of industrial space in West Michigan was absorbed, decreasing the vacancy rate in the region to 3.2%. The average asking rent price increased to $4.06 per square-foot, up 1.8% from the […]
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Demos now starting, clearing way for big suburban projects
Out with the old, in with the new. That’s the theme behind a few demolition projects underway in the suburbs to make way for more than $300 million in new development across two very different sectors. In Birmingham, a handful of single-story buildings at the corner of Brown Street and Old Woodward Avenue have been […]
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Southfield Town Center to sell next month
The Southfield Town Center is expected to be sold by the end of next month in what would be among the most significant office transactions in the last decade, Crain’s has learned. An estoppel certificate sent to tenants in the region’s second-largest office complex says that a sale to a Delaware entity called 270B STC […]
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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. Office vacancy rates in downtown Grand Rapids hovered around 11 percent in the fourth quarter of 2021, according to market reports from JLL Inc. and Colliers International’s West […]
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Commercial foreclosures remain low in Detroit, but will that last?
The pandemic has not caused commercial landlords to lose their properties to foreclosure en masse like they did during the Great Recession. At least not yet. In spite of concerns about tenant rent payment early in the pandemic — including from restaurants, bars, gyms, apartment renters, office users and others — as government restrictions to stop the […]
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Majorel to bring up to 500 jobs to Detroit, open office downtown
The City of Detroit and Majorel, a customer experience management company, announced Thursday that the company will open an office in downtown Detroit. The move will create up to 500 jobs paying a minimum $17 an hour with benefits, according to the company. Majorel, which is based in Luxembourg and employs 69,000 people in 35 countries, according to its […]
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Signature Celebrates a Record Year
February 10, 2022 – Signature held its annual sales awards celebration at our Southfield headquarters. It was an extra special evening filled with amazing food prepared on-site by Andiamo, Motown music, laughs and camaraderie. As awards were presented, each winner spoke about teamwork, and about creating and preserving relationships, both within Signature and externally with […]
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Signature Associates Sells Large Industrial Building Along I-75 in Auburn Hills
Signature Associates in Southfield has announced the sale of a large industrial building located at 3600 Giddings Road in Auburn Hills to a partnership between Foundation Capital Partners and Wheelock Street Capital. Terms of the deal were not disclosed. Joe Hamway and Greg Hudas of Signature Associates represented the partnership in the purchase of the […]
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HED becoming second major company to relocate to Royal Oak
Architecture and planning firm HED is moving its Michigan office and 100 employees to downtown Royal Oak in the space currently occupied by tech company Vectorform. The company formerly known as Harley Ellis Devereaux Corp. is taking Vectorform’s approximately 19,000 square feet in the building at the corner of South Main and Fifth streets that […]
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Gardner White taking over part of old Art Van campus in Warren
Gardner White will take over a portion of the massive former Art Van Inc. headquarters in Warren as it needs more space for distribution and corporate staff. The Auburn Hills-based furniture store said Monday afternoon that it would occupy part of the property’s warehouse as well as the store and corporate office. In a Monday […]
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Construction firm, cannabis company partner on new commercial development on GR’s west side
Construction Simplified plans to move and expand its offices in Grand Rapids in preparation of eventually growing its presence across the country. The construction firm is currently located at 895 W. Fulton St. on the city’s west side. It has a development agreement with John McLeod, co-founder and head of new markets for Cloud Cannabis Co., to […]
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Toledo real estate: Apartments and industrial buildings are hot, but offices are struggling
Toledo’s apartment and industrial real estate markets were red hot last year but not its retail and office space sectors, which recorded higher vacancy rates and fewer transactions. That’s according to new annual reports from the Reichle Klein Group, a Toledo real estate company that frequently analyzes the area market. In general, the reports suggest the Toledo […]
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One-time Birmingham Google office sells for $46.75 million
The downtown Birmingham office building that once housed Google Inc.’s local sales force has sold. The sale of the 126,000-square-foot office and retail building at 325 N. Old Woodward Ave. closed earlier this month for $46.75 million, said Simon Jonna of The Jonna Group, a division of Colliers International Inc. which worked on the deal. […]
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SIGNATURE ASSOCIATES AND LINO REALTY SELL THE ICON CAMPUS TO BEDROCK
Signature Associates and Lino Realty are pleased to confirm the sale of The ICON, Detroit’s most iconic waterfront campus, to Bedrock. The ICON, located at 200 Walker Street, is a 420,000 square foot office/tech campus situated on 18.2 acres. The ICON, one of the city’s most visible properties situated along the International Detroit Riverfront, offers […]
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Brick-by-brick: Plans for tech hub at former Jefferson Center move forward
Every week, Monday through Friday, like clockwork, Tammi Sherman takes a drive around the former Jefferson Center — a vacant building with rich history, bounded by four downtown streets in Toledo. While others who pass by may only see a 110-year-old building that has sat uninhabited for years with railings rotting out from the bottom, […]
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Former Secure-24 may vacate large new Southfield headquarters, Auburn Hills outpost
One of the Southfield Town Center’s towers is at risk of losing its largest tenant in what may be a case of bad timing. NTT Communications Corp., the Tokyo-based parent company of the cloud services provider formerly known as Secure-24, has put its roughly 100,000-square-foot headquarters in the 4000 Town Center high-rise off the Lodge Freeway […]
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Restaurants, shops and medical offices coming to Perrysburg’s Levis Commons
Growth at Perrysburg’s Levis Commons may have slowed to a crawl after the Great Recession, but in the last five years it has come on strong as developers pumped tens of millions of dollars into new hotels, apartments and retail space. New projects at the mixed-used development — off State Rt. 25 near the I-475/U.S. 23 interchange […]
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Well-known office properties in metro Detroit up for grabs
Blink and you miss it. In the past week, nearly 800,000 square feet of office space across four well-known properties in Troy and Pontiac became available if you have the scratch. Toss in the Fisher Building and the former UAW-GM Center for Human Resources in Detroit for good measure, and you have six buildings over […]
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Signature Associates Represents The ICON on Detroit’s Riverfront
Signature Associates in Southfield today announced it has been selected as the exclusive sale and leasing representative of The ICON riverfront office/tech campus in Detroit. The 420,00-square-foot ICON campus, located on 18.2 acres at 200 Walker St., is set along the Detroit River. Originally the UAW-GM Center for Human Resources, the facility opened in late […]
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SIGNATURE ASSOCIATES AWARDED THE EXCLUSIVE SALE & LEASING OF DETROIT’S ICONIC WATERFRONT CAMPUS
The ICON is a 420,000 sq. ft. world-class, multi-use campus on Detroit’s riverfront. Signature Associates is pleased to announce the exclusive sale and leasing representation of The ICON in Detroit. This office/tech campus is comprised of an eight-story office tower, three-story conference center and three-story atrium lobby. The ICON is a multi-use campus ideal […]
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SIGNATURE SELLS 13,812 SQUARE FEET OF OFFICE IN JENISON, MICHIGAN
GRAND RAPIDS, MICHIGAN—August 17, 2020— Signature Associates has negotiated the sale of a 13,812 square foot office building located at 501 Baldwin Street, Jenison, Michigan. Joe Rizqallah of Signature Associates represented the seller, Huntington National Bank, and the purchaser, 501 Baldwin, LLC. The purchaser is currently working on multiple transactions with Signature Associates. He […]
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SIGNATURE HAS BEEN AWARDED THE REPRESENTATION OF 1,076 SQUARE FEET OF OFFICE/RETAIL SPACE IN ROYAL OAK, MICHIGAN
SOUTHFIELD, MICHIGAN—May 28, 2020— Signature Associates has been awarded the representation of 1,076 square feet of office space located at 25571 Woodward Avenue, Royal Oak, Michigan. This is a freestanding boutique building located on Woodward Avenue in close proximity to I-696. This site offers a unique opportunity with on-site parking and high traffic counts. […]
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SIGNATURE LEASES 3,121 SQUARE FEET OF OFFICE SPACE IN DETROIT, MICHIGAN
SOUTHFIELD, MICHIGAN—May 19, 2020— Signature Associates has negotiated the lease of 3,121 square feet of office space located at 6200 Second Avenue, Detroit, Michigan. Angela Thomas, Erica Dunlap, and Nicole Voisard of the ÆRES Team of Signature Associates represented both the landlord, New Amsterdam Activation, LLC, and the tenant, MILO Detroit, Inc., a full-service […]
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SIGNATURE HAS BEEN AWARDED THE REPRESENTATION OF THE SITE AT THE SOUTHWEST CORNER OF THIRTEEN MILE AND TELEGRAPH ROADS
SOUTHFIELD, MICHIGAN—May 19, 2020— Signature Associates has been awarded the representation of the opportunity located at 30777 Telegraph Road, Franklin, Michigan. Previously a Bank of America branch, this site can be repurposed for a tenant or demolished for a build-to-suit. The current one-story, 3,793 square foot building has the potential for a 5,000 square foot […]
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SIGNATURE HAS BEEN AWARDED THE REPRESENTATION OF 75,206 SQUARE FEET OF OFFICE SPACE IN DETROIT, MICHIGAN
SOUTHFIELD, MICHIGAN—December 10, 2019— Signature Associates has been awarded the representation of 75,206 square feet of office space located at 1155 & 1333 Brewery Park Boulevard, Detroit, Michigan. This is a premier office campus located in the heart of Downtown Detroit and just steps away from Eastern Market. The one-of-a-kind site is also easily accessed […]
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SIGNATURE HAS BEEN AWARDED THE REPRESENTATION OF 3,000 SQUARE FEET OF OFFICE SPACE IN DETROIT, MICHIGAN
SOUTHFIELD, MICHIGAN—October 21, 2019— Signature Associates has been awarded the representation of 3,000 square feet of office space located at 6200 Second Avenue, Detroit, Michigan. This listing is located directly across from the new Henry Ford Detroit Pistons Performance Center. The building is three stories with a modern feel, complete with high ceilings and large […]
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SIGNATURE LEASES 10,070 SQUARE FEET OF OFFICE SPACE IN DETROIT, MICHIGAN
SOUTHFIELD, MICHIGAN—September 19, 2019— Signature Associates has negotiated the lease of 10,070 square feet of office space located at 7700 Second Avenue, Detroit, Michigan. Chris Secontine of Signature Associates represented the tenant, American Federation of State, County and Municipal Employees, Council 25 (AFSCME). AFSCME is relocating from 600 W. Lafayette in Detroit after selling […]
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SIGNATURE HAS BEEN AWARDED THE REPRESENTATION OF A 38,500 SQUARE FOOT SCHOOL IN BLOOMFIELD TWP., MICHIGAN
SOUTHFIELD, MICHIGAN—May 23, 2019— Signature Associates has been awarded the representation of the 38,500 square foot school located at 3600 S. Bradway Blvd., Bloomfield Hills, Michigan. Paul Hoge of Signature Associates is the listing broker representing the owner, Detroit Country Day School. About Signature Associates Signature Associates, with offices in Southfield, Detroit, Lansing, […]
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SIGNATURE HAS BEEN AWARDED THE REPRESENTATION OF 24,000 SQUARE FEET OF OFFICE SPACE IN TROY, MICHIGAN
SOUTHFIELD, MICHIGAN—April 19, 2019— Signature Associates has been awarded the representation of 24,000 square feet of office space located at 164 Indusco Court, Troy, Michigan. Joe Banyai and Dave Miller of Signature Associates are the listing brokers representing the owner, Pantero. About Signature Associates Signature Associates, with offices in Southfield, Detroit, Lansing, Grand […]
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SIGNATURE HAS BEEN AWARDED THE REPRESENTATION OF 4,737 SQUARE FEET OF OFFICE SPACE IN CLAWSON, MICHIGAN
SOUTHFIELD, MICHIGAN—April 19, 2019— Signature Associates has been awarded the representation of 4,737 square feet of office space located at 340 S. Main Street, Clawson, Michigan. This building has been transformed from a warehouse to office space in a stunning renovation from floor to ceiling. An excellent property in the Clawson – Royal Oak area, […]
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SIGNATURE LEASES 6,349 SQUARE FEET OF OFFICE SPACE IN DEARBORN, MICHIGAN
SOUTHFIELD, MICHIGAN—February 21, 2019— Signature Associates has negotiated the lease of 6,349 square feet of office space located at 3200 Greenfield Road, Dearborn, Michigan to Covenant Community Care, Inc. Covenant Community Care is a non-profit, faith-based community health center. This location is an expansion of its administrative office functions. Chris Secontine and Grant Bruce […]
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SIGNATURE SELLS 13,464 SQUARE FEET OF OFFICE SPACE IN BLOOMFIELD HILLS, MICHIGAN
SOUTHFIELD, MICHIGAN—January 31, 2019— Signature Associates has negotiated the sale of 13,464 square feet of office space located at 44 Long Lake Road, Bloomfield Hills, Michigan. Mark Woods, Erica Dunlap, Angela Thomas, Nicole Voisard, Griffin Pitcher, and Luke Timmis of Signature Associates represented the seller, Lau & Lau Associates, LLC, in the sale to […]
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SIGNATURE SELLS 8,466 SQUARE FEET OF OFFICE IN ZEELAND, MICHIGAN
HOLLAND, MICHIGAN—January 31, 2019— Signature Associates has negotiated the sale of an 8,466 square foot office building located at 156 Cherry Street, Zeeland, Michigan to 3D Properties, LLC. Thomas J. Elhart of Signature Associates represented the seller, Church Street Professional, LLC. About Signature Associates Signature Associates, with offices in Southfield, Detroit, Lansing, Grand […]
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SIGNATURE LEASES 2,390 SQUARE FEET OF OFFICE IN MUSKEGON, MICHIGAN
MUSKEGON, MICHIGAN—January 31, 2019— Signature Associates has negotiated the lease of 2,390 square feet of office space located at 570 Seminole, Muskegon, Michigan. Jim Olsen of Signature Associates represented the tenant, Bonnie Adamczak-Brown and Randy Norden, d.b.a. The Norden/Adamczak Investment Group of Raymond James. About Signature Associates Signature Associates, with offices in Southfield, […]
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Did you know?
- Signature Associates completes thousands of transactions and over a billion dollars’ worth of business annually in local, national, and international transactions.
- Signature Associates has 6 veterans or active duty military officers.
- Almost 60% of Signature’s professionals have been with the firm at least 10 years.
- Signature Associates consistently maintains 42% of the market share.
- Signature loves animals! Over 60 professionals have dogs and 20 professionals have cats and collectively we’ve raised thousands of dollars in the last year alone for area animal shelters.
- Signature is proud to be featured as one of the Best & Brightest Companies to Work For, Cool Places to Work and Top Workplaces.
- Signature Associates and its team donate time and money to over 40 organizations throughout Michigan, Ohio and the United States.
- Signature Advisory and Management Services team performed comprehensive construction management services for projects totaling over $60 million and managed more than 12.6 million square feet of commercial space for our third-party clients, making us the largest locally owned third-party property management firm in the market.
- Signature Associates has completed more industrial leases than any other brokerage firm.
- Signature Team Cares was formed in January 2017 to help further our efforts and long history of partnering with local organizations to improve lives and to benefit our communities.