State: Michigan - MI
Buyer of Mich., Texas Malls Likely to Redevelop Both to Include Apartments
The venture that acquired the Fairlane Town Center in Dearborn, Mich., and Shops at Willow Bend in Plano, Texas, is very likely to redevelop the two retail properties. It's still too early to say just how they'll be redeveloped, but ...
Dwight Capital Lends $31Mln Against 2 Southfield, Mich., Apartment Properties
Dwight Capital has provided a total of $31 million of bridge financing to fund the purchase of two apartment properties in Southfield, Mich. The New York lender funded the loans through its Dwight Mortgage Trust REIT. They were arranged by ...
1.03-Mln SF Industrial Property Planned Near Detroit
REBusiness Online NorthPoint Development is planning to build Eastland Commerce Center, a three-building industrial property totaling 1.03 million square feet in Harper Woods, Mich. The Riverside, Mo., developer is building the property at 18000 Vernier Road, about 15 miles northeast ...
Automotive Supplier to Lease 296,000 SF of Industrial Space in Detroit
DBusiness.com A venture of Magna International and LAN Manufacturing has agreed to lease 296,000 square feet of industrial space at the 618,000-sf industrial property formerly known as Sakthi Industrial Campus in Detroit. The venture, which manufactures seating for automobiles, will ...
425,000-SF Industrial Property Breaks Ground in Detroit
DBusiness.com Innovo Development Group has broken ground on a 425,000-square-foot industrial property at the 1 million-sf Gateway Industrial Center in Detroit. The Kalamazoo, Mich., developer is building the property on a speculative basis at 12601 Southfield Freeway. It will have ...
102,377-SF Industrial Lease Signed in Suburban Detroit
REBusiness Online Trigo Quality Solutions has agreed to lease 102,377 square feet of industrial space at 2430 East Walton Blvd. in Auburn Hills, Mich., about 30 miles north of Detroit. The company, which provides operational solutions for the manufacturing sector, ...
a portfolio of six student-housing properties with 292 units in East Lansing, Mich.
Champion Real Estate Co. has paid $42.26 million, or $144,726/unit, for a portfolio of six student-housing properties with 292 units in East Lansing, Mich. The Los Angeles developer, part of the Champion family office, purchased the properties from DTN Management ...
Opus Group Breaks Ground on 275,401-SF Industrial Property in Detroit Suburb
REBusiness Online Opus Group has broken ground on a 275,401-square-foot industrial property at 15100 Eight Mile Road in Oak Park, Mich., about 15 miles northwest of Detroit. The Minnetonka, Minn., developer expects the property to be completed in December. It ...
Kohan Retail Pays $25.25Mln for Crossroads Mall in Portage, Mich.
Commercial Real Estate Direct Staff Report Kohan Retail Investment Group has paid $25.25 million for the Crossroads Mall in Portage, Mich., which had been encumbered by an $85.42 million CMBS loan. The loan becomes the latest in a long string ...
Student-Housing Portfolio in East Lansing, Mich., Sells for $42.26Mln
Champion Real Estate Co. has paid $42.26 million, or $144,726/unit, for a portfolio of six student-housing properties with 292 units in East Lansing, Mich. The Los Angeles developer, part of the Champion family office, purchased the properties from DTN Management ...
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