Remove Detroit Remove Housing Remove Leases
article thumbnail

As the Vacancy Rate Rises, Rents Are Poised to Fall

Pro Builder

While rents are beginning to fall in pricey coastal markets and Sun Belt cities, Cincinnati and Detroit are seeing some of the nation’s biggest rental gains, with year-over-year increases of 9.9% Detroit, where the median rent is $1,390, was in second place, with an 8.9% And in Las Vegas, the median lease was 5.7%

article thumbnail

6 Commercial Construction Trends: A Biz Dev Perspective

HardHatChat

I recently sat down with Kim Sawyer and Tina McGrath, two of our experienced Business Development team leaders, to gain their perspective on what they’ve learned from talking to our existing and potential retail, restaurants, automotive, senior housing, and hospitality clients.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Pinnacle Airlines Corp. Headquarters Will Relocate to Minnesota

Buisness Facilities Contributed Content

Photo: The Detroit News/David Coates). Pinnacle’s operation will be located in vacant space leased by Delta Air Lines on Minneapolis-St. Pinnacle presently occupies 170,000 square feet at One Commerce Square in downtown Memphis, which houses approximately 500 employees. Pinnacle Airlines Corp. Pinnacle Airlines Corp.

article thumbnail

Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

Your eyes weren’t deceiving you when you saw Detroit, MI sitting at No. Yes, we know that Detroit became the largest city in history to file for bankruptcy protection, a process the city is expected to emerge from this year. Airbus is the largest customer of the U.S. aerospace industry, with over $14 billion in purchases from U.S.

Metro 111
article thumbnail

Feature Story: Public-Private Partnerships – An Alliance For Progress That Works

Business Facilities

In 2011, Emerson leased 18,000 square feet of space at the Sawgrass International Corporate Park with the option for an additional 9,500 square feet. MEDC touts recent projects such as Whirlpool, Two Men and a Truck, Stik.com and the creation of an urban innovation district in downtown Detroit as examples of its growing success.

Florida 68
article thumbnail

Industry Focus: Data Centers – To Serve And Protect

Business Facilities

Data centers are facilities that house an organization’s IT operations and equipment, and where it stores, manages and disseminates its data. Today, the facility houses nearly 300 employees, many of whom are PhDs and leading healthcare professionals in the American biomedical marketplace. By Dominique Cantelme. Wixcom Business Center.

article thumbnail

Logistics: On the Road, Water or Rails…or in the Air — AGAIN

Business Facilities

To meet demand, rails increased capacity with 1,300 new and rebuilt locomotives; 3,800 freight car purchases; and 700 new leased freight carts. Positive absorption remains in all industrial submarkets in DuPage County, showing continued strength and growth in the county in leasing, user sales and construction completions.

Roads 41