Items Tagged with 'Colliers International'
Lack of parking forcing tenants to leave downtown.
West Michigan’s office market stayed strong in the first quarter of 2018, although rent and vacancy rates are beginning to level off, as Class A tenants either consolidate or leave downtown due to lack of parking. Read More
West Michigan leaders express concern over longevity, volatility of cryptocurrencies.
A recent collaboration between a global property marketplace and the city of South Burlington, Vermont, could be the first in a growing trend of real estate transactions being recorded on the blockchain, but don’t expect the trend to hit the West Michigan market anytime soon. Read More
Oxford Financial Group signed a long-term lease for a 6,882-square-foot space located at 85 Campau Ave. NW. Read More
As big names close down, new players fill vacancies, change retail market across all sectors.
(As seen on WZZM TV 13) The quarterly report released by Colliers International West Michigan reflects a strong economy across the retail, industrial and office space sectors. Across these industries, a high demand for space is keeping vacancy low. Read More
For those outside of the retail industry, the advent of Amazon and e-commerce as a whole seemed to spell the “apocalypse” for brick and mortar retail, but surprisingly, the brick and mortar model is changing to adapt to the new landscape. Read More
The Business Journal report on Colliers International West Michigan quarterly occupancy rates shows strength — and growth — across all sectors: retail, office and industrial; and given announced plans, the trend is likely to continue through the fourth quarter and into 2018. Read More
But employees’ ‘front door’ mentality needs to be rethought.
The Grand Rapids Parking Commission is considering whether to recommend monthly parking rate changes for its ramps and surface lots, which has some people wondering if higher pricing in high-capacity lots will chase some downtown businesses to the suburbs. Read More