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FRIEDMAN RELEASES METRO DETROIT 3Q INDUSTRIAL REPORT

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Assessed value of industrial property in Detroit rises 64%

City of Detroit The city of Detroit’s citywide residential property assessment values for 2018 rose for the first time in 17 years. For the first time, the city assessor’s office has plotted total...

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Of industrial, infrastructure and immigration: The big influencers on CRE in...

Investors might be expecting a slowdown in the commercial real estate market this year. But that doesn’t mean that they don’t still view commercial assets as worth investing in. The 2018 Altus Group...

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The road to economic revival in the Heartland runs through older industrial...

Even as the U.S. economy hits new highs, the political and economic divide between America’s coastal cities and the rest of the country remain a focal point of the national debate. Amid this rising...

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Amazon Plans 855,000-Square-Foot Fulfillment Center in West Jefferson, Ohio

Amazon plans to open its sixth Buckeye State fulfillment center in West Jefferson, Ohio. The company plans to create more than 1,500 full-time positions by the end of 2019. Associates at the...

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Commercial Real Estate Pricing Growth Stagnant As Retail Prices Offset...

The e-commerce revolution is ongoing, and the effect it has had on property prices is stark. Green Street Advisors released its Commercial Property Price Index on Friday, finding that commercial prices...

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Yardi Matrix report details industrial sector’s strength

A new market analysis compiled by Yardi® Matrix reports that the industrial sector of the U.S. economy is performing solidly. Warehouse and distribution assets posted double-digit total returns, record...

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U.S. Commercial Property Values Surge in Niche Sectors

Student housing, manufactured homes and industrial property were the top performing commercial real-estate sectors in the past 12 months, according to new data from Green Street Advisors. These three...

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FRIEDMAN LEASES 30,000 SF OF INDUSTRIAL SPACE IN DETROIT, MI

Farmington Hills, Michigan (July 18, 2018) – Friedman Real Estate, one of the nation’s leading providers of commercial real estate services, recently leased 30,000 square-feet of industrial space...

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U.S. Property Sales Fall 8% in the First Half of 2018

Commercial real estate sales fell 8 percent in the first half after years of record trading left fewer high-priced properties on the market. About $220 billion of office, industrial, hotel, multifamily...

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FRIEDMAN’S PHIL KONOPITSKI AND JORDAN FRIEDMAN SELL 71,407 SF INDUSTRIAL...

Farmington Hills, Michigan (July 24, 2018) – Friedman Real Estate, one of the nation’s leading providers of commercial real estate services, recently sold a 71,407-square foot industrial building...

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Cold Storage Space Shortage Heating Rents Up

Cold storage facilities, a specialized niche in the industrial market, is in high demand in the Chicago market, but because of high barriers to entry for its development, such space is in short supply....

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FRIEDMAN’S INVESTMENT ADVISORY TEAM SELLS 650,000 SF NET LEASED INDUSTRIAL...

Farmington Hills, Michigan (August 24, 2018) – Friedman’s Investment Advisory team brokered the recent sale of two long term net leased industrial properties located in Detroit, Michigan and Cleveland,...

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Subaru to invest $48 million in new technical center in Van Buren Township

Japanese automaker Subaru plans to invest $48.2 million in a new technical center in Van Buren Township. Subaru Research and Development Inc., a subsidiary of its Ann Arbor-based North America Subaru...

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FRIEDMAN’S PHIL KONOPITSKI SELLS A 28,900 SQUARE FOOT INDUSTRIAL BUILDING IN...

Farmington Hills, Michigan (October 11, 2018) – Friedman Real Estate, one of the nation’s leading providers of commercial real estate services, recently sold a 28,900 square foot industrial building...

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Expect a Strong Close to a Strong 2018

Expect a strong close to the end of the year. 2018 has been a healthy year for investment activity and real estate performance, living up to initial expectations and surpassing the anemic performance...

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Houston’s Industrial Real Estate Market Reflects Strength in Region’s...

Houston’s industrial real estate markets are demonstrating strong gains as significant job growth and Houston’s emergence as a global shipping and logistics center is driving the sector to impressive...

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FRIEDMAN’S LARRY SCHULTZ SELLS A 14,800 SQUARE FOOT INDUSTRIAL BUILDING IN...

Farmington Hills, Michigan (October 31, 2018) – Friedman Real Estate, one of the nation’s leading providers of commercial real estate services, recently sold a 14,800 square foot industrial building...

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Will Renewed Investment from Auto Companies Have an Effect on Detroit’s...

Recent moves made by auto industry giants bode well for certain classes of commercial real estate in Detroit. In 1913, Henry Ford introduced the world’s first moving automobile assembly line in...

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General Motors to Close 5 Plants in U.S. and Canada, Including...

Detroit’s General Motors today announced it will close five plants in 2019 in Michigan, Ohio, Maryland, and Canada as part of a larger restructuring plan. The company expects the plan will save it $6...

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FRIEDMAN’S PHIL KONOPITSKI LEASES 35,400 SF OF INDUSTRIAL SPACE IN PLYMOUTH, MI

Farmington Hills, Michigan (November 28, 2018) – Friedman Real Estate, one of the nation’s leading providers of commercial real estate services, recently leased 35,400 square feet of industrial space...

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Amazon opens 100,000-square-foot facility in Broward

Amazon.com recently opened a 100,000-square-foot delivery center in Sunrise to speed up customer orders. The Seattle-based online retail giant (Nasdaq: AMZN) is operating out of 251 International...

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FRIEDMAN’S MIKE KOENIGBAUGER AND AMIT HINGORANI SELL A 40,906 SQUARE FOOT...

Farmington Hills, Michigan (November 29, 2018) – Friedman Real Estate, one of the nation’s leading providers of commercial real estate services, recently sold a 40,906 square foot industrial building...

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Multifamily Outperforms While Pricing Across All Sectors Decrease

Source: Ten-X Commercial real estate pricing ebbed for the second consecutive month in November, perhaps showing signs of pressure from rising interest rates and late cycle fundamentals. The Ten-X...

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Industrial Could Face Its Own ‘Housing Crisis’ in 2019

The industrial property sector’s lengthy run of historically strong demand and rent gains might actually work against it a bit going into 2019. With vacancy now at a historic low of 4.7 percent and...

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