Things To Do in Palms Michigan

Places To Vist -Palms Michigan

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Palms Michigan is the home of many splendid things — we know it, because we live here. Beautiful scenery, majestic lakes, fabulous food, quirky locales and hidden gems just barely scratch the surface of what Palms Michigan has to offer.

We asked staff members of the Palms Press to share some of the best things to see and do in Michigan, based on our personal experiences. Here are 50 ideas you may want to add to your bucket list if you visit Palms, MI.

Think we missed something? Add your bucket list item here and be sure to explain why it’s great.

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I've written a few posts and even created a video about amenities in Troy like churches and school districts. In this post I thought I'd touch on some of the other fun things that Troy has to offer. After all, many of these items really make it worth owning a Troy Michigan home.

SHOPPING

Anyone who has driven down Troy's Big Beaver corridor is familiar with the spectacular sight of Somerset Mall. The mall stretches across Big Beaver and is connected by an elevated walkway that connects the North and South sections. In addition to its upscale anchor stores (Nieman Markus, Saks, Macy's, and Nordstrom), Somerset's smaller stores undoubtedly combine to make up the highest-end shopping available in Michigan.

If you're looking to buy a home or a condo in an area that has a lot of entertainment value to it, Troy Michigan is a great place to start.

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Michigan can make a great vacation destination if you are into getting away from it all. It incorporates miles and miles of beaches, sand dunes, lush green forests, and of course... the Great Lakes. There are four regions of Michigan which are the Upper Peninsula, Northern Michigan, Mid-Michigan, and Downstate.

Michigan in the summer can be pretty exciting with activities such as canoeing down protected rivers through lush forests, motorboating or sailing on its many lakes, or fly fishing on a scenic stream. All in all there are around 12,000 lakes in the state including Lake Superior, Lake Huron, Lake Michigan, and a small amount of Lake Erie.

If you are looking for a 'city vacation' in Michigan there is Detroit, the largest city, and Lansing, the state capital. In these bigger cities you'll find more city-like things to do with their many historic landmarks, fine dining, and cultural experiences.

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Does commercial real estate in southeast Michigan offer the most outstanding investment potential anywhere in the country right now? Some investors think so. When the great recession fully took hold in late 2008, the entire real estate market, both locally and nationally, plummeted in price creating a once in a lifetime opportunity for all cash investors. There have been a handful of high-profile transactions in the past few months with the promise of more to come in 2012. The buyers range from out-of-town value seekers to savvy local investors. Here are two examples:

West Tech Park is one of the premiere R&D/Flex developments in the suburban west side market. It sits prominently at the corner of Haggerty Road and the busy I-696/I-275 Interchanges in Farmington Hills, Michigan. Totaling nine (9) buildings, and over 278,000 SF in size, it was originally developed in the late 1980's by a partnership of well-known local developer REDICO and TIAA-CREF, the giant teacher's pension fund in New York. West Tech Park has had a few other prominent owners over the years, including Pennsylvania based Liberty Property Trust, Iowa based Principal Life Insurance Company and of late, ETC Capital LLC, which is backed by local 5-Hour Energy entrepreneur Manoj Bhargava. ETC Capital was able to acquire West Tech Park for $8.5 million, or $30 per square foot. This is less than 50% of the cost to construct the property back in 1987, when asking rents alone topped the market at $12.00 to $13.00 per square foot. Now granted, the new Landlord will have to invest additional dollars to maintain the property and outfit it for new tenants (the property was only 32% occupied at the time of purchase according to CoStar.com), but ETC Capital will be competing for those tenants with a base investment significantly lower than many of the competing area properties. Bhargava, through another entity, recently purchased a modern Plymouth Township building formerly occupied by Johnson Controls for a mere $22 per square foot. Again, this just is a fraction of the cost to construct this building back in 1996. One can only conclude that Bhargava knows great value when he sees it, and believes in the long-term prosperity of Metro Detroit.

The unprecedented swoon in the commercial real estate market has created a once in a lifetime opportunity for value investors. It's time to buy commercial property in Detroit!


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