City: Detroit

Detroit Business Journal Local developers Queen Lillian Development and The Platform have started construction on a $60 million apartment and retail project in Detroit. The five-story building, dubbed Woodward West, is being built at 3439 Woodward Ave. and will consist ...

Detroit Free Press The 108-room Roberts Riverwalk Hotel in Detroit has come to market with an asking price of $26 million, or $240,740/room. The property, at 1000 River Place Drive, was built in 1902 and underwent $5 million of renovations ...

Morning Calm Management has paid $83.7 million for nine industrial buildings with about 1.5 million square feet in suburban Detroit. The Boca Raton, Fla., company bought the properties from Promanas, an Ann Arbor, Mich., real estate investment firm. NKF Capital ...

Global Net Lease Inc. has paid $126.6 million, or $209/sf, for the industrial building at 15520 Wayne Road in the Detroit suburb of Romulus, Mich. The New York REIT, externally managed by AR Global, bought the 606,000-square-foot property from InSite ...

Commercial Real Estate Direct Staff Report The Lakeside Mall in the Detroit suburb of Sterling Heights, Mich., recently was appraised at a value of $22 million. That is down from a $47.9 million appraisal last December and $82.4 million last ...

Crain's Detroit Business The 211 West Fort St. office building, with 444,052 square feet, in downtown Detroit has been put up for sale through Cushman & Wakefield. The 55-year-old building, which was 78 percent leased as of the end of ...

Detroit Free Press Local developer Michael Higgins is planning to convert the historic Leland House in Detroit into a 340-unit apartment project. The building dates back to 1927 and was originally a hotel. It currently includes a mix of apartments ...

Crain's Detroit Business Ginosko Development Co. is planning to demolish a former pharmacy school building in Detroit and replace it with a multifamily project. The plan includes 314 rental units and 60 for-sale units on the site, in the city's ...

Detroit News A venture led by Dan Gilbert has received $618 million in tax incentives for a $2.2 billion mixed-use redevelopment in downtown Detroit. The public financing deal affects two vacant lots and two buildings that will be converted into ...

Crain's Detroit Business Wolverine Packing Co. is planning to develop a $40 million meat-processing and cold-storage facility in Detroit's Eastern Market neighborhood. The 144,000-square-foot industrial project would be built on an eight-acre site at 4225 Dequindre St. It is slated ...