Deals - Detroit
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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.
14 March 2019 17:22 -
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.
11 March 2019 13:09 -
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.
01 March 2019 09:02 -
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.
24 February 2019 17:12 -
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.
22 February 2019 22:09 -
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.
04 February 2019 16:20 -
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.
03 January 2019 12:47 -
JV to Acquire Detroit Casino-Hotel for $1B
VICI Properties and Penn National Gaming entered into an agreement to purchase the Greektown Casino-Hotel, which includes 100,000 square feet of casino space and a 30-story hotel tower.
19 November 2018 12:51 -
Friedman Closes Detroit Office Deal
The building is located in the Central Business District and was sold at auction. Alan Stern and Steven Silverman represented both sides in the transaction.
14 November 2018 17:32 -
Gladstone Acquires $21M MI Industrial Portfolio
The two buildings comprise a total of nearly 220,000 square feet and are 100 percent leased. The properties were purchased through an UPREIT transaction.
06 November 2018 16:29 -
EDGE Fitness Expands into Michigan
The company will open two new clubs in Farmington Hills and Sterling Heights by the fourth quarter of 2019, as it works to expand into the Midwest and the Pennsylvania metro area.
25 October 2018 15:56 -
Warner Inks Lease for New Detroit Office
The company signed a lease agreement with Olympia Development of Michigan for space within its Class A building in The District Detroit.
08 October 2018 14:22 -
Oxford Cos. Adds Office Asset to Ann Arbor Portfolio
The 10-story building represents one of the most iconic office developments in the city’s south side area. The seller is Equity Commonwealth.
03 October 2018 16:06 -
Friedman Brings Automotive Company to MI Office Building
A team of brokers worked alongside Savills Studley to represent Harman Becker Automotive Systems Inc. in its 40,000-square-foot lease in suburban Detroit.
28 September 2018 17:31 -
Friedman Arranges MI Retail Sale
Associate Steven Silverman represented the buyer in acquiring the 36,600-square-foot property located in one of the strongest real estate markets in Southeast Michigan.
25 July 2018 21:17