TROY, MI-Nemer Proeprty Group Inc., one of the partners in the joint venture that owns the fived-building Troy Place office campus, has brought on Grubb & Ellis Co. to help with leasing. The five-building, 750,000-square-foot complex is 35% vacant.

While the property is at W. Big Beaver Road and Coolidge Highway, at what had formerly been State and Main for office leasing in the Detroit area, corporate downsizing has hit the area hard. The Troy submarket, much like the rest of the metropolitan area, is about 30% vacant.

Troy Place has as a main tenant the military contractor BAE, which leases 90,000 square feet, but also has lost more than 65,000 square feet after Sears pulled out of the building. The complex is across the street from the former Kmart world headquarters, which moved to Hoffman Estates, IL after Sears acquired the company. “We lost several tenants after Kmart’s offices closed, they were suppliers,” says Larry Nemer. The Kmart site is now owned by the Forbes Co., which also owns the nearby Somerset Collection mall and is part owner in the Troy Place venture.