State: Michigan - MI

the transaction included a 26-acre land parcel and a 300,000 square feet industrial building that were on the sales block for $20 million. A source said the sales price was less than the asking price.

a purchase price was not disclosed, but it has been estimated to have been sold for between $100 million and $150 million.

A purchase price was not given, but retail properties in the Detroit area are commanding $147/sf, which would peg a sales price at roughly $6.12 million.

Plans call for the 414-acre property to be converted into an $800 million mixed-use project.

70 percent leased.