State: Michigan - MA

June 30, 2000 ATLANTA – Wells Real Estate Funds has purchased a fully leased, single-tenant office building in Troy, Mich., for $19.8 million, or about $185/sf.A subsidiary of Delphi Automotives Systems Corp. has signed a seven-year lease for the 107,200-square-foot ...

May 10, 2000ATLANTA – Wells Real Estate Funds has paid $14.3 million for a 77,054-square-foot office building in Troy, Mich.The property, at 4685 Investment Drive, is fully leased to Siemens Automotive Corp under a 10-year net lease.

May 1, 2000BOSTON – Charlesbank Capital Partners LLC has agreed to acquire the majority interest in the Galleria Officentre, a 1.1 million-square-foot office complex in Southfield, Mich. Forbes-Cohen/Nemer Associates sold its interest to the Boston-based private investment firm in a ...

March 23, 2000 ROCHESTER – Home Properties (NYSE:HME) has paid $14.4 million for two apartment complexes, Deerfield Woods and Macomb Manor, which combined have 360 units in suburban Detroit.The two properties were purchased from Schostak Brothers & Co., a Detroit ...

March 22, 2000 FLINT, Mich. – Read P. Dunn has formed a new business venture called Great Lakes Real Estate and Commercial Mortgage Co., aiming to provide expanded access to commercial real estate financing by local businesses and real estate ...

January 14, 2000 BLOOMFIELD HILLS, Mich. – Taubman Centers Inc.(NYSE:TCO) is taking full ownership of the Twelve Oaks mall in Novi, Mich., while giving Rodamco North America full ownership of the Lakeside mall in Sterling Heights.The two firms had owned ...

November 24, 1999 NEW YORK – New Plan Excel Realty Trust Inc. (NYSE:NXL) paid about $10 million for Westland Crossing, a 142,000-square-foot community shopping center in Westland, Mich.The property is about 85 percent occupied. It is anchored by Office Depot, ...

November 22, 1999 BALTIMORE – Prime Retail Inc. (NYSE:PRT) said it has sold the Birch Run factory outlet center in Birch Run, Mich., to a venture it formed with Estein Associates USA Ltd. for a total of $117 million.The sale ...

November 9, 1999 ROCHESTER, N.Y. – Home Properties (NYSE:HME) has paid $26 million, or $60,000/unit for The Lakes Apartments, a 434-unit apartment complex in suburban Detroit.The complex consists of 24 three-story buildings that were built in 1986. It is 95 ...

October 14, 1999DETROIT (AP) – Michigan's gaming laws will ensure the impact of Detroit's three casinos spreads beyond their walls, officials said at a meeting of northern U.S. and Canadian gaming industry members. Proposal E, which Michigan voters approved in ...