Investors Still Can’t Get Enough of Industrial Properties, Experts Say

Investors Still Can’t Get Enough of Industrial Properties, Experts Say

Despite increasing valuations and compressed cap rates, industrial/logistics real estate remains “the prettiest girl at the dance,” says Mark Glagola, senior managing director of the Mid-Atlantic capital markets group at brokerage firm Transwestern. “Investors are...
Michigan Grants Developer $2.1B for Detroit brownfields

Michigan Grants Developer $2.1B for Detroit brownfields

The Michigan Economic Development Corp. announced Tuesday that it has authorized, through its Michigan Strategic Initiative, the redevelopment of brownfield sites in downtown Detroit, according to a plan offered up by billionaire Quicken loan founder Dan...