News and Events: January 2014

Phase I ESA Affected By New Regulations

  PHASE I ESA Affected by New Regulations   On Dec. 30th, the Environmental Protection Agency (EPA) published the final rule updating the AAI (All Appropriate Inquiries) regulations to reference the 2013 version of the ASTM standard (E1527-13) for Phase I site assessments.  The 2013 changes, which are effective immediately, include some changes that will.. read more >>

CAR Receives RPAC "Greatest Over Goal" Award

The Michigan Association of REALTORS has awarded the Commercial Alliance of REALTORS the 2013 “Greatest Over Goal” RPAC award for associations with less than 500 members.  CAR members donated 305% over the stated goal.  Funds contributed will be used in a variety of ways, including supporting commercial real estate friendly candidates and lobbying issues.

2013 In Review

MARKET HIGHLIGHTS – OFFICE Office building sales continued to improve in 2013, with the number of sale transactions up 28% over 2012.. Over 1.12 millions square feet of office space was sold in 2013, with the majority of buildings sold less 20,000 square feet. Sales dollar volume of office properties reflected the market trend of.. read more >>

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