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Metro Detroit’s Office, Industrial Markets Grow in Fourth Quarter, Auto Slowdown May Open Leasing Opportunities

Newmark Knight Frank, a full-service real estate firm with offices in Farmington Hills, has released its fourth quarter 2018 office and industrial trends data reports for metro Detroit. According to the report, the region’s office market vacancy rate fell 20 basis points to 15.3 percent during the fourth quarter of 2018, as just over 353,000 square feet was absorbed.

Eaton Helps Reduce Weight, Extend Range of Electric Vehicles with New Power-Dense Inverter Technology

Eaton’s eMobility business, based in Galesburg near Kalamazoo, today announced it has developed compact power-dense automotive inverters capable of increasing the range of electric vehicles.

The Historic Sherbrooke in Detroit’s Midtown Being Converted into 14 Condominiums

Detroit’s Midtown district will see the conversion of a historic residential building, The Sherbrooke at the southwest corner of Second Avenue and Hancock Street, into 14 condominiums, according to Friedman Urban. Quinn Evans is the architectural firm overseeing the renovation.

Detroit Institute of Arts Pop Art Exhibit Reflects Turbulent ‘60s, ‘70s

“From Camelot to Kent State: Pop Art, 1960–1975,” a new Detroit Institute of Arts exhibition running from Feb. 17–Aug. 25, 2019, will examine the turbulent 1960s and 1970s, and provide insight into the times for those born later.

Beaumont Health New Leadership Restructuring Takes Effect Feb. 1

Beaumont Health is restructuring its leadership team, Feb. 1, as it strives to improve quality, support ongoing growth, and enhance access for patients where and when they need care.

Wayne County Airport Authority Names Chief Executive Officer

The Wayne County Airport Authority Board of Directors has confirmed Chad Newton as CEO of the Wayne County Airport Authority, which operates Detroit Metro and Willow Run airports, with an initial three-year contract.

2019 North American International Auto Show

Multiple automakers, suppliers, and related mobility organizations introduced an array of new vehicles and programs during Media Days at the North American International Auto Show at Cobo Center in downtown Detroit, including Buick, Ford, Lincoln, Nissan, and the Detroit Mobility Lab.

Continental Technology Powers Jeep Wrangler’s New eTorque Mild-Hybrid System

Two Auburn Hills-based companies are pushing the technological envelope by offering Continental’s industry-first, liquid-cooled, 48-volt Eco Drive that contributes to the performance and fuel efficiency of the all-new Jeep Wrangler’s eTorque mild-hybrid technology.

New KPMG Study Shows How Autonomous Vehicle Market Will Affect Locally Tailored Delivery Services

KPMG, an international accounting and auditing firm with a large practice in downtown Detroit, released a study this week during the North American International Auto Show at Cobo Center in downtown Detroit that details expectations for the global autonomous transformation in the retail, automobile, and transportation industries.

ASX in Detroit Teams with VerdeGo Aero to Provide Electric Power Options for MOBi-One VTOL Aircraft

ASX in Detroit, which is developing a hybrid electric VTOL Air-Taxi that will free commuters and business travelers from congestion on the road and in the air, today announced it is teaming with VerdeGo Aero in Daytona Beach to apply VerdeGo’s IDEP (Integrated Distributed Electric Propulsion) systems to future versions of ASX MOBi-One aircraft.

Carhartt in Dearborn Launches Line of Clothing Geared to the Uniformed Associate Market

Carhartt in Dearborn, which has been providing workwear since 1889, today announced the launch of its Carhartt Company Gear that offers businesses a new line of rugged and durable products. In addition, various trades and business sectors will have access to the retailer’s new “Rugged Professional Series” that offers uniformed associates a sharp and professional appearance.

Novi’s Stoneridge Forms Strategic Partnership for MirrorEye Installation, Support

Stoneridge Inc., a Novi-based supplier of electrical and electronic components for the commercial vehicle and automotive industry, says it has formed a strategic partnership with Velociti Inc. of Missouri to install the Stoneridge MirrorEye camera monitor system on commercial fleet vehicles.
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