Celebrating 50 years of building relationships around Washtenaw County.

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1968

Swisher Realty Co. is born

The old Swisher Logo

Original Company Logo

Swisher Realty became the leasing agent for Glencoe Hills

Also around this time:



The First State Street Art Fair,
Huron High School opens,
and Crisler Arena opens

1969

Bo Schembechler becomes U of M football coach

The Ann Arbor Blues Festival is created by a group of U of M students, featuring artists like Muddy Waters and B.B. King

No Vacancy!

1970

Glencoe Hills reaches 100% occupancy. A 1-bedroom apartment was $190 and 3-bedroom apartment was $325!

Original company letterhead

Original company letterhead

1971

Swisher Realty manages the First National Building on the corner of Main St. and Washington

Borders Books opens in Ann Arbor by brothers Tom and Louis Borders. The chain grew to over 500 stores in the US before closing in 2010.

1973

Briarwood Mall opens in Ann Arbor, anchored by JCPenney, Sears and Hudson’s a year later


Swisher is the leasing agent for the newly constructed Wolverine Tower, boasting "high speed elevators"

Advertisement for Wolverine Tower Opening

Location Announcement

Advertisement to lease Wolverine Tower space

Open for Business!

Advertisement for Wolverine Tower

An ad from Swisher Realty Co.

Advertisement for Wolverine Tower

Exclusive leasing agent: Swisher Realty Co.

Yost Field House becomes Yost Ice Arena and serves as Michigan Hockey’s new home

Shakey Jake moves to town, becoming one of Ann Arbor’s favorite regulars

1977

Madonna attends the University of Michigan and lives on South University Ave.

1978

Original Cottage Inn grows and opens Cottage Inn Carryout & Delivery

Newspaper article about the sale of the Michigan Theater, 1979

A newsworthy sale

1979

Michigan Theater Office Building reopens its doors with new management, John Swisher III manages and sells to new owners

Poulos Family were the sellers, sold to Lafourche Realty Co. of Kalamazoo

Housed 8 shops and 20 offices upstairs. Professional offices in the building at the time: Schoolkids Records and Tapes, Albert’s Copying, Shepard Shoes, Sylvia Studio of Dance, Bill’s Bindery, and more.

The Michigan Theater

The Michigan Theater

1979

Monahan’s Fish Market in Kerrytown opens

Black and white photo of the Swisher team in 1974, labeled with silly nicknames like The King, The Prince, The Front, and Phyliss Diller.

The Swisher Team, Late 70s

Folder artwork, illustration of the building

80's Folder Artwork, Old Logo

1980

Michigan Theater purchased and saved by A2 State Bank for $550,000—Swisher Realty brokered the deal

Newspaper clipping on the purchase of the Michigan Theater

John Swisher gets a mention in the news for mediating the sale of the Michigan Theater

1982

The Ann Arbor Hands-On Museum, founded in 1978, expands into the historic downtown firehouse with 25 exhibits

Zingerman’s Deli opens its doors with 4 employees (5 tables, 4 stools)

U of M Hospital establishes “Survival Flight,” the first of its kind in the state, operating 3 helicopters

U of M Hospital's Survival Flight Helicopter

U of M Hospital's Survival Flight Helicopter

1984

Ron Dankert produces a concert, "Irish Night at the Michigan Theater"

1985

John Swisher III becomes President/CEO

John Swisher III's Agent Profile

John Swisher III's Agent Profile

Tom Monaghan opens Domino Farms, an iconic structure inspired by architect and designer Frank Lloyd Wright, over 270 acres

Folder artwork, illustration of the building

90's Folder Artwork, New Logo

December, 1990


Barton Wise joins the team



"Show Not Tell"

1991

The inventor of the iPod, Tony Fadell, graduates from the University of Michigan

The Swisher team at the conference table

The Swisher Team, 90's

June, 1991


Douglas Smith joins the team


April, 1992


David Hamilton joins the team



"The Benefit of Experience"

1993

Swisher creates the first Year-End Vacancy Report

1993


Office / Flex vacancy rate:

14.3%

1994


Office / Flex vacancy rate:

12.6%

1995

Vernice “Bunnie” Weinberg reaches 30 years of working for Swisher Realty Co. She began working with John Swisher Jr. at the Butts and Swisher Co. in 1962 and continued as secretary with Swisher Realty.

Vernice 'Bunnie' Weinberg running the office at age 75

Vernice Weinberg is recognized in the local newspaper

Larry Page, co-founder of Google, graduates from the University of Michigan

1995


Office / Flex vacancy rate:

10.7%

Mid-90's

U of M football stadium became known as “The Big House”

1996

Bank of Ann Arbor opens with 15 employees and grows to over 40 employees by 1998

Bank of Ann Arbor

Bank of Ann Arbor

Bank of Ann Arbor Billboard

Bank of Ann Arbor Billboard

The Ark opens its doors at new location on Main St.

1996


Office / Flex vacancy rate:

7.5%

1997


Office / Flex vacancy rate:

7.1%

1998

John Swisher III and Ron Dankert brought on Dave Hamilton, Bob Bliss, Doug Smith and Bart Wise as partners

The Swisher team in the 90's. They all had huge glasses.

The Swisher Team, 90's

Arborland shopping center is redeveloped to become a retail park containing a Toys “R” Us and Marshalls

The 1998 Year-End Vacancy Report

The 1998 Year-End Vacancy Report

1998


Office / Flex vacancy rate:

5.2%

1999

Ann Arbor has the lowest office vacancy rate in the Metro Detroit area during it's second quarter at 2.4%. Lease rates averaged $18.94/square foot

1999


Office / Flex vacancy rate:

5.1%

2000

Swisher Realty Co. rebrands to Swisher Commercial

Name change announcement in the paper

Name change announced in the paper

2000


Office / Flex vacancy rate:

6.4%

July, 2001


John Evans joins the team



"Go West and Make Your Place"

2001


Office / Flex vacancy rate:

8.7%

August, 2002


Cynthia Debol joins the team

2002


Office / Flex vacancy rate:

9.9%

January, 2003


Tony Caprarese joins the team



"Starting a New Tradition"

2003

Zingerman’s Roadhouse opens

Swisher receives first CoStar Power Broker award for transaction volume and continues to receive recognition today

The CoStar Power Broker Award

The CoStar Power Broker award for transaction volume

2003


Office / Flex vacancy rate:

10.3%

2004


Office / Flex vacancy rate:

12.5%
The Swisher team at the conference table, 2005. It's a lot bigger now!

The Swisher Team, 2005

2005


Office / Flex vacancy rate:

12.6%

The first fairy door appears in Ann Arbor.

2006


Office / Flex vacancy rate:

14.6%

2007

FestiFools comes to Main Street for first time on April 1

May, 2007


Jessica Wise joins the team

2007


Office / Flex vacancy rate:

14.2%

2008

The Border To Border Trail is started, connecting communities, parks and bike lanes over 50 miles across Washtenaw County

A Snapshot of Commercial Real Estate written by John Swisher III capturing commercial real estate memories from the early 1960's to 2008.

2008


Office / Flex vacancy rate:

14.7%

2009

Ann Arbor Street Art Fair marks its fiftieth year

The Tech Brewery is founded by Swisher Commercial’s Doug Smith (Northern Brewery building owner) and local serial entrepreneur, Dug Song. Together they provided one of the first spaces for start-up businesses and tech culture in Ann Arbor. Dug Song and John Oberle’s Duo Security started with a ‘rent-a-desk’ space at Tech Brewery and has grown into a tech and business giant.

The Tech Brewery

The Tech Brewery

2009


Office / Flex vacancy rate:

17.6%

2010


Office / Flex vacancy rate:

15.0%

January, 2011


Joseph Palms joins the team



"Balance and Compatibility"

June, 2011


Michael Giraud joins the team



"Tech and the Townie"

2011


Office / Flex vacancy rate:

13.2%

2012

Ann Arbor gets a 150,000 SF Costco warehouse on the corner of Airport Blvd and Ellsworth, bringing 180 new jobs

2012


Office / Flex vacancy rate:

11.8%

August, 2013


Michael Jurgenson joins the team



"The Importance of Investment"

2013

Ann Arbor News' Deals of the Year for Commercial Real Estate awarded to Mike Giraud

It is one of the largest sales in Ann Arbor that year, $10.6 million for the 301 E. Liberty Building, purchased by Dahlmann Properties

Returned to local ownership for the first time in 20 years

Newspaper article celebrating the deal of the year with Mike Giraud

Mike Giraud recognized for brokering the deal

Swisher's brick building with many windows for natural light and two lovely trees nearby.

Swisher Commercial's Current Office

Big House hosted Michigan/Notre Dame game, 115,109 in attendance, record for a college football game since 1927 and NCAA single-game attendance record of all time

2013


Office / Flex vacancy rate:

10.5%

2014

TLS Productions Inc., a full-service production company doubles in size, moves to Ann Arbor at Jackson Plaza – Bart Wise, John Evans, and Charlie Koenn represented the deal.

2014


Office / Flex vacancy rate:

9.1%

2015

Michigan’s leading auto-industry experts and U of M leaders introduce “Mcity”, the world’s first controlled vehicle test site, paving the way for driverless cars

Mike Jurgenson of Swisher Commercial represents the seller of 121 and 123 E. Liberty St. City Council approves plans to build a three-story addition which would bring new residential units downtown

New 6-story hotel, Hyatt Place, on State Street in Ann Arbor is approved, bringing over 140 hotel rooms to the area

GenZe, a Deals of the Year finalist, selling all-electric scooters, moves to Ann Arbor—Bart Wise brokered the deal

2015


Office / Flex vacancy rate:

8.5%

2016


Office / Flex vacancy rate:

8.7%

May, 2017


Noelle Caprarese joins the team

May, 2017


Stephen Galgan joins the team



"Start Building your History"

Domino’s Farms displays one of the finest Frank Lloyd Wright collections, celebrating his 150th birthday

Randy Maas and Mike Giraud of Swisher Commercial have office space available in Ann Arbor’s first ever skyscraper at 100 S Main St. (the Key Bank building, formerly known as the Glazier Building)

Outside of the Key Bank building at night time, illuminated by building lights.

100 S. Main – the Key Bank Building

Ann Arbor’s Skyline is changing due to the new developments: Kingsley Condominiums, 121 Kingsley West, The Glen Hotel, The Residences at 615 S. Main, The Calvin, 611 E University, The Collegian North, Montgomery Houze and 315 S Main—bringing new retail opportunities and housing

Swisher Commercial brokers the sale of the iconic music venue, The Blind Pig. New owners Joe Malcoun, Jason Berry and an investment team plan to maintain it as a music venue, while keeping the same staff

Ann Arbor's iconic music venue, the Blind Pig

The Blind Pig

Cover of the most recent Year-End Vacancy Report

Year-End Vacancy Report

2017


Office / Flex vacancy rate:

7.2%

2018

After serving as CEO for 13 years, Dave Hamilton steps down. Swisher Commercial is thankful for his leadership and his continued commercial real estate expertise at the company.

Mike Jurgenson assumes the role of President/CEO of Swisher Commercial

2018


Happy 50th Swisher Commercial!



New website launched in March, visit www.SwisherCommercial.com


The Swisher Year-End Vacancy Report turns 25 years old and celebrates a new look

“It is truly an honor to follow in the footsteps of our past leadership. We have a long successful history and I am very excited about the future as we celebrate our 50th anniversary. We have an outstanding team in place that is committed to providing our clients with exceptional service.”
—Mike Jurgenson, CCIM