Michigan commercial real estate

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Overview of Michigan's job market depicting various sectors
Michigan Business News

Michigan’s Job Market Faces Challenges in January 2024

News Summary Michigan’s job market experienced fluctuations in January 2024, with the unemployment rate rising slightly to 5.3%. Despite the increased jobless rate, total employment rose by 6,000, indicating a complex labor landscape. The state saw mixed trends in various sectors, with growth in education and health services but losses

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Empty exterior of Kohl's stores with sale signs.
Michigan Business News

Kohl’s is Shutting Down 27 Stores: What You Need to Know

News Summary Kohl’s plans to close 27 underperforming stores across the U.S. by April 2025, alongside a fulfillment center in California. This decision comes amidst declining sales and a challenging retail environment, with over 7,100 store closures in 2024. While the company aims to streamline operations, it will provide severance

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Aerial view of aircraft manufacturing facility in Battle Creek, Michigan
Michigan Business News

Dimor Group Invests $12 Million in New Factory in Battle Creek

News Summary The Dimor Group has announced a $12 million investment to establish a new 45,000-square-foot factory in Battle Creek, Michigan, at the Executive Airport. This factory will assemble Junkers Aircraft models, create approximately 40 jobs over the next five years, and enhance local manufacturing capabilities. Preparations are already underway

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