City: Detroit

March 16, 2005 Crain's Detroit BusinessThe state of Michigan will sell the Labor Building in Detroit to Sky Group Inc. for $2.1 million. Sky Group, a local developer, plans to convert the 244,400-square-foot, eight-story building into a mixed-use facility with ...

February 22, 2005 Colonnade Properties has signed LaFarge North America Inc., a construction materials supplier, to a 20,391 square feet, 5-year lease at Bingham Office Center, an office park located in suburban Detroit. The Bingham Office Center is comprised of ...

February 11, 2005 Detroit News OnlineMetropolitan Detroit's office market lost occupancy for the fourth straight year in 2004, according to "The Feldman Report," First Realty Co.'s biannual office vacancy study. In 2004 the metropolitan area recorded a 78.5 percent occupancy ...

February 8, 2005 Crain's DetroitThe 24-acre William Tyndale College site in Farmington Hills, Mich., is up for sale. Although the site is zoned as a single-family residential area, the city is open to receiving proposals for other uses. L.W. Morse ...

February 3, 2005 Detroit News OnlineAdams McAlpine Group will construct Auburn Financial Center, a $100 million office complex for Auburn Hills, Mich. The project will include two 10-story office buildings totaling 500,000 square feet of office space and an additional ...

February 2, 2005 The Wall Street JournalNormandy Holdings LLC recently purchased two adjacent apartment complexes in Detroit. Although 92 percent of the 526 units were leased, nearly one-third of the tenants failed to pay rent for the past few months. ...

January 28, 2005 J.A.B. Property Management Inc. has paid $21 million for Lexington of Southfield, a 1,135-unit apartment complex in Southfield, Mich., that was previously known as the Franklin Park Apartments.The property, which is the largest apartment complex in Southfield, ...

January 13, 2005 Detroit NewsThe owners of North Park Place, a large apartment community in Southfield, Mich., are investing $10 million to convert 136 of the 600 units into condominiums. The first condo units will be available this spring. North ...

January 7, 2005 Detroit NewsBlue Cross Blue Shield of Michigan is shopping a seven-story office building in downtown Detroit for $20 million. The 156,100-square-foot building at 441 E. Jefferson Ave. is across from General Motor Corp.'s world headquarters at the ...

December 21, 2004 Related Capital Co. has provided $24 million of equity financing for the development of 183 affordable-housing units in Detroit.Related, a unit of CharterMac (Amex:CHC), is providing the equity to NRP Group, a Cleveland, Ohio, developer. The units ...