DETROIT-The transforming local economy represents a challenge for the area's commercial real estate industry, an economist says, as well as an opportunity.

DETROIT-Bank One will open six more locations in southeast Michigan this year. It also will invest close to $2 million in renovating existing branches.

MACOMB TOWNSHIP, MI-The Home Depot is opening its 64th Michigan location this week in a store that will total 102,513 sf.

DETROIT-Ground was broken on Monday for a new $79.5-million Federal Reserve Bank facility near the city's Eastern Market district.

DETROIT-A Michigan trade group says its members are optimistic about the 2004 commercial and industrial construction season.

ANN ARBOR, MI-An Ann Arbor mixed-use building has been named the Building of the Year for a five-state region.

WHITE CLOUD, MI-The Nature Conservancy has purchased Camp Swampy, a 1,017-acre corporate retreat in west central Michigan in a $1.83 million deal.

MOUNT CLEMENS, MI-Three southeastern Michigan cities--Romulus, Flint and Mount Clemens--are considering plans to open a casino in each of their communities as a way to boost city tax revenues.