City: Detroit

Detroit Free Press Bedrock Real Estate Services is proposing a mixed-use project along Monroe Street in Detroit. The project, which is expected to cost $100 million, would include a 20-story office building and a 15-story residential building. It is being ...

Detroit News A venture of HFZ Capital Group and Redico is investing up to $100 million to redevelop a pair of office properties in Detroit. The venture last year paid $12.2 million for the Fisher and Albert Kahn Buildings, in ...

Midwest Real Estate Journal Parkstone Capital Partners has sold 576 apartment units at the Providence Place and Tower in Southfield, Mich., for $23 million, or about $39,931/unit. An unidentified Michigan investor bought the property and plans to upgrade its unit ...

Crain's Detroit Business GFI Capital Resources Group has paid $25.6 million, or $129,293/room, for the 198-room Hilton Garden Inn at 351 Gratiot Ave. in downtown Detroit. The New York company bought the property from Citigroup at an online auction. It ...

Detroit News A venture of Bedrock Real Estate Services and Shinola plans to raze three buildings in Detroit and replace them with the 130-room Shinola Hotel. City officials have approved demolition plans for the buildings at 1412, 1420 and 1424 ...

Crain's Detroit Business Pillar Capital Finance has provided an $11.8 million Fannie Mae loan against a mixed-use project in Detroit. Karp + Associates last year redeveloped the Detroit Savings Bank building, at 1212 Griswold St., into 56 apartment units and ...

Detroit Free Press Construction has started on the $53.1 million Third and Grand mixed-use project in Detroit. The six-story, 356,000-square-foot building will include 231 apartment units, 21,000 sf of commercial space and a 330-space parking garage. A venture of Detroit ...

Crain's Detroit Business WeWork will lease a total of 80,000 square feet in two downtown Detroit office buildings. The co-working company plans to move into its space, at 1001 and 1449 Woodward Ave., next year. Bedrock Real Estate Services, a ...

REBusinessonline Phillips Edison Grocery Center REIT II has paid $19.8 million, or $144.11/sf, for Livonia Plaza, a 137,391-square-foot shopping center in Livonia, Mich. Ramco-Gershenson Properties Trust sold the suburban Detroit retail property, at 30935 5 Miles Road, which is anchored ...