The Counselors of Real Estate® (CRE®) have released their highly anticipated 2026 Top Ten Issues Affecting Real Estate®, providing a clear view into the challenges and forces shaping the commercial real estate landscape. This year’s report reflects a market navigating massive structural changes—from technological disruption to demographic shifts, capital challenges, and a prolonged period of […]
3-Story, 85,000 SF Self Storage Project – Sarasota, FL
Property management is the professional oversight of a property’s daily operations and long-term strategy—everything from maintenance and tenant relations to financial performance and compliance. For commercial property owners, effective management safeguards assets, stabilizes income, and improves tenant satisfaction, while keeping pace with evolving regulations, technology, and sustainability expectations. Introduction to Property Management Property management refers to […]
Celebrating 25+ Years of Partnership: Martin Commercial and Boji Group’s Success with The Louie At Martin Commercial Properties, we take pride in building relationships that stand the test of time. One of our most enduring partnerships is with Boji Group, a collaboration that spans more than 25 years and includes some of Lansing’s most iconic properties—Boji Tower, Hollister, and […]
The Greater Lansing industrial real estate market is off to a strong start in 2025, according to Chris Miller, Senior Vice President and Industrial / Investment Advisor at Martin Commercial Properties, in a recent interview with Michigan Business Beat. Vacancy is down to 10.1%, with every submarket seeing positive absorption in the first half of […]
In the first half of 2025, Greater Lansing’s office real estate market demonstrated encouraging signs of balance and resilience. During a recent episode of Michigan Business Beat, Eric Rosekrans, CCIM, CPM (Executive Vice President) and Tom Jamieson, SIOR (Senior Vice President, Office Advisor) joined Chris Holman to dissect the latest trends shaping office space dynamics. […]
The first half of 2025 brought encouraging momentum to the Greater Lansing retail real estate market, according to insights from Carson Patten and Samantha Le of Martin Commercial Properties, who recently joined the Michigan Business Beat. Vacancy improved to 17.9%, with absorption trending upward compared to late 2024. While the national market has seen continued […]
Despite national retail headwinds, Greater Lansing’s retail market demonstrated strength in H1 2025, with slight improvements in vacancy and absorption. Retail vacancy dipped to 17.9%, while absorption improved to -6,449 SF, recovering from a sharper decline in late 2024. The East Submarket continues to lead the region, with strong lease-up activity following national chain closures. […]
Greater Lansing’s office market showed signs of stabilization in H1 2025, as vacancy held at 22.4% and net absorption was nearly flat. While move-outs in the CBD dragged down performance, other submarkets—including East Lansing, North, and West—recorded modest positive absorption. Employers continue to fine-tune hybrid work policies, creating steady demand for smaller, flexible office spaces […]
The Greater Lansing industrial sector tightened significantly in the first half of 2025, signaling continued strength despite limited new construction. Industrial vacancy dropped to 10.1%, down from 11.0% in late 2024. Positive absorption reached 129,730 SF, with all submarkets posting gains. The West Submarket continues to lead the region, boasting a remarkably low 1.6% vacancy […]