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THE UNIFIED VOICE OF COMMERCIAL REAL ESTATE PROFESSIONALS IN MICHIGAN.

REAL ESTATE NEWS

LOS ANGELES—The general direction for cap rates this year will be up, CBRE says in its latest North America Cap Rate Survey. “The recent spike in inflation and anticipated higher interest rates this year will add upward pressure on cap rates, offsetting the downward forces of expected strong institutional and global capital flows,” says Spencer

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KJ Commercial is pleased to announce the recent sale of this 2 story mixed use building located at: 1038-1060 W. 14 Mile Road Clawson, Michigan 48017 Our comprehensive marketing strategy has helped close another deal! For more details on this transaction you can contact: Kevin Jappaya President kjappaya@kjcre.com P: 248.851.8900 For more information on

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2.5 AC at Village at Bloomfield Bloomfield Hills, Michigan 48302 The Village at Bloomfield is being developed by Redico, whom purchased the failed Bloomfield Park development in 2014.  Plans for this 87 acre redevelopment include; Menard’s, a Hotel, Retail, Senior Assisted Living, & Residential Housing. KJ Commercial is proud to contribute to the success

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February 22, 2018 – Southfield, MI – Colliers International is pleased to announce the lease of a 1,962 square foot retail space at 15171 Sheldon Road in Plymouth, Michigan. Lou Frango, Senior Associate at Colliers International Detroit, represented the landlord, Sheldon Place LP in the lease, which brings Sheldon Place’s occupancy up to 100%.

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Technology plays a huge role in powering the $2 trillion machine that is commercial real estate, and major commercial brokerages are scrambling for a piece of that pie. Brokerages such as CBRE, Colliers International, Cushman & Wakefield, JLL and Newmark Group have been heating up their tech infrastructure and investment as of late. Read

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