Monthly Archives: May 2017

The retailers are returning to downtown Detroit

by Dan Rafter Stores are returning to downtown Detroit, and vacant retail suburban space in this market is falling, too. Those are the pair of good news stories in Marcus & Millichap’s second quarter retail research report for Detroit. According … Continue reading

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No boom, but steady activity: Construction market humming along in Chicago area

by Dan Rafter John Reilly, president of Des Plaines-based Peak Construction Corp., sees plenty of positives when it comes to construction activity in the Chicago area. He predicts that even more construction cranes will dot the sky around the city … Continue reading

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Northwest Indiana industrial market attracting more users into more communities

by Dan Rafter Northwest Indiana has long been a refuge for industrial users seeking lower land costs, a strong labor force and a respite from the higher taxes across the border in Illinois. And economic development officials in this slice … Continue reading

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Real Capital Markets: Grocery-anchored centers continue to thrive

by Dan Rafter The retail sector is facing plenty of challenges, with online sales biting into the profits of brick-and-mortar retailers. But there is one traditional retail sector that continues to thrive today: retail centers anchored by grocery tenants. That’s … Continue reading

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Which commercial building pays the most property taxes in the Midwest? You might be surprised

by Dan Rafter We all know that commercial real estate is key for the economies of cities across the country and Midwest. After all, these buildings sometimes shell out huge dollars in property taxes each year. How huge? You might … Continue reading

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Innovation could help industrial sector embrace green design

by Sara Freund Warehouses, factories and distribution hubs don’t conjure up images of green design. At least not yet. Green building has advanced way past grass on a rooftop. New technology, lighter soil and innovative ways to utilize rooftop space … Continue reading

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Midwest states dominate list of best destinations for Millennials

by Dan Rafter What states offer the most to Millennials looking for a new home? You probably think of New York or California, right? Well, a new report from financial Web site MoneyRates.com found that many of the best states … Continue reading

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