Connect CRE Edge Autonomy Energy Systems has agreed to lease 85,000 square feet of industrial space at the 114,250-sf industrial property at 5775 Interface Drive in Ann Arbor, Mich. The energy solutions company was represented by Cushman & Wakefield, while ...
Landmark student-housing property has 173 units.
Commercial Real Estate Direct Staff Report American Campus Communities Inc. has sold the 606-bed Landmark student-housing property in Ann Arbor, Mich., for $100 million, or $165,016/bed, to Greystar Real Estate Partners. The property, at 1300 South University Ave., is two ...
Lightstone Value, the former Behringer Harvard Opportunity REIT II Inc., funded its purchase with a $43.4 million mortgage that pays a coupon of 4.16 percent and that requires only interest payments through its March 2026 maturity.
Commercial Real Estate Direct Staff Report Lightstone Value Plus REIT V Inc. has paid $70.3 million, or $183,073/unit, for the Valley Ranch Apartments in Ann Arbor, Mich. The New York REIT, whose shares do not trade on any exchange, bought ...
Crain's Detroit Business An affiliate of Morningside, a Chicago developer, is planning a $213 million mixed-use project in downtown Ann Arbor, Mich. The project will include 530 apartment units, 86 for-sale condominiums, a 4,600-square-foot retail component and two parking facilities. ...
Crain's Detroit Business Redico LLC is planning a $26 million residential project in Ann Arbor, Mich. The project will include 163 apartment units and six townhouses. It's being planned near the campus of the University of Michigan. Completion is slated ...
53 percent leased for the next academic year.
SmartStop Asset Management LLC has paid $43.8 million, or $126,956/bed, for the 411 Lofts student-housing property near the University of Michigan in Ann Arbor, Mich. The Ladera Ranch, Calif., investment manager, which sponsors a recently launched non-traded REIT that focuses ...
The properties include McKinley Towne Centre, which is 97 percent occupied by tenants that include Llamasoft and TDAmeritrade, and Liberty Square, which is fully occupied by such tenants as the University of Michigan.
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