FARMINGTON HILLS, MI-Ramco-Gershenson Properties Trust, a retail REIT, puts shopping centers on the market. The centers, combined, are valued at $85 million, and are approximately 1.29 million sf.

FARMINGTON HILLS, MI-Ramco-Gershenson Properties Trust, a retail REIT, puts shopping centers on the market. The centers, combined, are valued at $85 million, and are approximately 1.29 million sf.

FARMINGTON HILLS, MI-Ramco-Gershenson Properties Trust, a retail REIT, puts shopping centers on the market. The centers, combined, are valued at $85 million, and are approximately 1.29 million sf.

HOUSTON-As the second monster storm to hit the Gulf of Mexico makes its way toward Texas, its residents are quickly filling up inland hotels as far north as Dallas. One market watcher reports all hotels east of Interstate 35 are filled to the max.

HOUSTON-As the second monster storm to hit the Gulf of Mexico makes its way toward Texas, its residents are quickly filling up inland hotels as far north as Dallas. One market watcher reports all hotels east of Interstate 35 are filled to the max.

PHOENIX-Shea Commercial, which has purchased the Park on Camelback for $17.5 million from Parkway Properties, will start work immediately on rehabbing and converting the 102,134-sf, five-building complex.

FARMINGTON HILLS, MI-CB Richard Ellis' investment banking arm arranges a seven-year, interest-only loan in the amount of $16.5 million for the purchase of Diamond Hill Apartments. The 264-unit property, which was built in 1987, had a purchase price of $22.45 million.

FARMINGTON HILLS, MI-CB Richard Ellis' investment banking arm arranges a seven-year, interest-only loan in the amount of $16.5 million for the purchase of Diamond Hill Apartments. The 264-unit property, which was built in 1987, had a purchase price of $22.45 million.