Detroit
Bedrock to Redevelop Former Detroit Police HQ
The company teamed up with a subsidiary of Syncora Guarantee Inc. for the project and aims to preserve the building’s historic character.
Friedman Negotiates Lease for Meritus Property
The 20,045-square-foot space is part of Tri-Atria Office Building, a two-story property located in Farmington Hills, Mich., and managed by Sterling Group.
Consumers Credit Union Relocates HQ
Approximately 150 employees have moved to a new 92,000-square-foot office within The Groves Engineering Business Technology Park in Kalamazoo, Mich.
International Wheel and Tire Buys MI Asset
The 53,486-square-foot property is located in Farmington Hills, Mich., and features a 21,000-square-foot office component. Friedman Integrated Real Estate Solutions brokered the deal.
Little Caesars Gathers Local Contracts for $150M Detroit HQ
The largest carryout-only pizza chain has awarded 99 percent of the contracts for the project to Michigan-based businesses, 69 percent of which have gone to Detroit-headquartered companies.
KeyBank Arranges $13M Loan for Self-Storage Portfolio in CO, MI
The portfolio includes three Mini U Storage assets, totaling 185,172 square feet, located in Denver, Livonia, Mich. and Highlands Ranch, Colo.
$1B Mixed-Use Detroit Redevelopment Breaks Ground
On the site of a former department store, the 1.1 million-square-foot development will feature Detroit’s tallest building, standing at 800 feet.
Friedman Arranges MI Office Lease
The company represented the tenant, Somerset Pain Clinic, in closing a leasing agreement for 8,230 square feet at City Center in Troy, Mich.
Bedrock Acquires Iconic Detroit Office Building
The transaction comprised the 1925-built Buhl Building located in the city’s Financial District, as well as the adjacent parking garage. The buyer plans to bring several major updates to the property.
JPMorgan Chase Commits $900K to Help Detroit Go Green
The money will target infrastructure projects, in addition to Chase branch updates for better energy efficiency. The Nature Conservancy, Eastside Community Network and Jefferson East community are some of the groups accessing the funds.