Seven Hills Realty Trust, the former RMR Mortgage Trust, has provided $31.5 million of mortgage financing to facilitate the purchase of the 154-unit Summit Apartments in Farmington Hills, Mich., by a venture of Andover Real Estate Partners and M Group. ...
REBusiness ICAP Development has bought Technology Park, a 222,965-square-foot industrial-flex building in Farmington Hills, Mich. The Milwaukee developer purchased the property from Promanas, which was represented in the deal by Colliers International's Detroit office. The sales price was not disclosed. ...
81 percent leased. The loan matured in January 2011, but the property's previous owner, Regency Centers Corp., kept making debt-service payments as it sought a term extension that would give it the time to lease up the property and sell ...
built in 2001 in the Farmington Hills Corporate Park; fully leased to Motorola through Dec. 31, 2016.
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