Detroit

LSTC Expands Michigan Office Portfolio

The California-based company acquired the second building that makes up Butterfield Park Place from Wilson Real Estate, closing its eleventh acquisition in the state.

Coyote Logistics to Anchor Detroit Mixed-Use Development

The logistics company is establishing a tech hub on two floors of The Assembly, Bedrock’s redevelopment of a historic warehouse in the city’s Corktown neighborhood.

(left to right) Frank Rogers, JosephSimon, Michael Carter

SRS Expands New Detroit Office Team

First Vice Presidents Michael Carter and Frank Rogers and Associate Joseph Simon will be part of the company’s National Net Lease Group.

Oxford Cos. Arranges MI Flex Building Deal

An Oxford-sponsored investment partnership, Grand Venture Associates, previously bought the Brighton building in 2007. At the time of sale, the asset was fully occupied.

Foster Financial Buys Detroit-Area Office Asset

The seller, Interwest Capital, owned the two buildings located in the Southfield submarket since 2007 and sold them for $5 million.

Friedman Secures 2 Loans for Suburban Detroit Office Assets

The financing totaled $26.5 million and features a 10-year term as well as prepayment flexibility. Director Ryan Denomme originated the loans.

Top 4 Things to Know About Detroit’s Office Market

Colliers Executive Vice President John Fricke touches on the challenges, top amenities, market performance and 2019 trends in the Midwestern metro. 

Oxford Cos. Adds 3 New Tenants to Ann Arbor Asset

After leasing 150,000 square feet of office space, the company increased the building’s occupancy from 38 to 96 percent.

Viking Partners Sells Metro Detroit Power Center

Cooper Commercial Investment Group negotiated the transaction of Chesterfield Village. Tenants at the 156,000-square-foot retail asset in Macomb County, Mich., include Target, Panera Bread and Applebee’s.

Flaherty & Collins to Develop $170M Michigan Project

The City of Warren and General Motors are the other partners involved in delivering Warren Town Center. Construction is scheduled to start before the end of 2019.