City: Detroit

Crain's Detroit Business Time Equities Inc. has paid $23.5 million, or $116.34/sf, for the Clinton Valley Mall in Sterling Heights, Mich. Ramco-Gershenson Property Trust sold the 202,000-square-foot retail property, about 30 miles north of Detroit. The strip center is 91 ...

Crain's Detroit Business Starkweather Lofts, a 93-unit apartment project in Plymouth, Mich., is nearing completion, and has signed tenants for more than 90 percent of its units. Construction on the suburban Detroit property began two years ago, at a cost ...

Crain's Detroit Business A group of developers, including executives from Michigan developer Burton-Katzman LLC, plans to build a $25 million office/retail property in downtown Royal Oak, Mich. The four-story building, at 600 South Main St., would be constructed on what ...

Midwest Real Estate Journal Chevalier International Holdings has paid $33 million, or $110,368/unit, for a two-property seniors-housing portfolio totaling 299 units in the Detroit area. The properties are Ashford Court, in Westland, Mich., and Sterling Place, in Southfield, Mich. Greystone ...

Crain's Detroit Business An affiliate of RMC Corp. has paid $33 million, or $94.29/sf, for a 350,000-square-foot office property in Troy, Mich. CBRE brokered the deal on behalf of the seller, Northwestern Mutual. The two-building property, Wilshire Plaza at 900 ...

Crain's Detroit Business A venture of MRK Partners Inc. and Fortus Partners has agreed to buy Cathedral Tower, a 45-year-old seniors-housing property in Detroit, for an undisclosed price. The venture then would renovate the 45-year-old building, at 80 East Hancock ...

Crain's Detroit Business Detroit developers Zaid Elia and Matthew Shiffman have acquired the historic Ford Building in downtown Detroit from Sterling Group, which had bought the 202,886-square-foot office property less than six months ago. The building, at 615 Griswold St., ...

Crain's Detroit Business Larson Realty Group has lined up $22.3 million of constrction financing for a $27.3 million mixed-use project it's developing in Detroit. The Bloomfield Hills, Mich., developer is planning 111 apartment units and 26,000 square feet of retail ...

Crain's Detroit Business Ventra Group is planning a $19 million project that would convert a vacant city-owned Detroit building into a mixed-use space with a brewery, food processing facility, restaurants and retail space. The company has offered $700,000 for the ...

Crain's Detroit Business Hillwood Enterprises LP is developing a $90 million distribution center in Detroit, and Amazon.com is said to be interested in occupying the 1 million-square-foot project. The site at 50500 Mound Road formerly was home to an auto ...