Detroit
Madison Realty Capital Sells Richmond Plaza
The 155,781-square-foot retail center in Richmond, Mich., sold to Statewide Richmond LLC in an off-market transaction. The property has nearly 39,000 square feet available for lease.
Friedman Secures Buyer for Detroit Office Building
The five-story, multi-tenant property is located in Detroit’s downtown area and offers 85,539 square feet of office and retail space.
Detroit’s Orchestra Place Changes Hands
Marcus & Millichap closed on the sale of the five-story office building located in the city’s Midtown neighborhood. The buyer was a regional investment group.
Friedman Negotiates Michigan Retail Property Acquisition
Noble Applliance LLC bought the 10,992-square-foot asset from Kemerko Clawson LLC. Mike Koeningbauer, Friedman’s vice president, represented the buyer in the transaction.
Detroit Northern Suburb Retail Asset Changes Hands
A California-based investor acquired the Southfield, Mich., property from SRC Holdings LLC. Steven Silverman of Friedman Integrated Real Estate Solutions brokered the sale on behalf of both the seller and the buyer.
Two Landmark Buildings in Downtown Detroit Top Off
The last structural pieces of steel were placed at the Little Caesars world headquarters campus and the Mike Ilitch School of Business at Wayne State University, both located within Detroit’s most modern mixed-use development.
New St. John Providence Medical Center Opens Its Doors
The 60,000-square-foot outpatient facility in Howell, Mich., bears the signature of developer MedCraft Healthcare Real Estate LLC, interior design firm Diekema Hamann and contractor CSM Group.
Toyota Opens Expanded R&D Facilities in Michigan
The $154 million project moved direct procurement and supplier engineering development from Erlanger, Ky., as well as vehicle development and powertrain from California. The 40th anniversary also welcomed the company’s newest executive, Shinichi Yasui.
Friedman Wins Management of 2 Office Buildings
The two facilities add a total of 105,672 square feet to Friedman’s property management portfolio and are located in Auburn Hills, Mich.
Flex-N-Gate Breaks Ground on $95M Detroit Plant
The 350,000-square-foot facility, which is slated for completion by early next year, will become a new centerpiece to the city’s growing I-94 Industrial Park.