Train Depot Changes Ownership Ahead of Expected Ford Announcement

Train Depot Changes Ownership Ahead of Expected Ford Announcement

The long-empty Michigan Central Depot and a former book depository in Detroit’s Corktown neighborhood have changed ownership from the billionaire Moroun family to an entity linked to a New York law firm. The moves come ahead of an expected mid-June announcement...
One-Time Emerging Apartment Markets Are Becoming Emerging Office Markets

One-Time Emerging Apartment Markets Are Becoming Emerging Office Markets

As multifamily rents in core markets have continued to climb, investors, office tenants and residents alike have turned their attention to secondary markets. According to JLL’s Investment Outlook report, secondary markets accounted for 50 percent of all U.S. office...