SOUTHFIELD, MI-Grubb & Ellis sells two sites--one that will be used by a heating and cooling contractor and the other for the location of a new bowling alley.

SOUTHFIELD, MI-Grubb & Ellis sells two sitesone that will be used by a heating and cooling contractor and for the location of a new bowling alley.

BINGHAM FARMS, MI-Malan Realty Investors says that its net assets increased by $738,000 in the second quarter of this year. The REIT is on its way to complete liquidation.

WAYNE, MI-Office products wholesaler S.P. Richards Company has signed a lease for 120,000 sf of distribution space at the Metro Commerce Center here.

NORTON SHORES, MI-Ramco-Gershenson Properties Trust has purchased a 361,000 sf shopping center in west Michigan from Horizon Group Properties for $23 million.

FARMINGTON HILLS, MI-Compuware will sell its former suburban Farmington Hills headquarters now that move to Downtown Detroit is complete. The software company wants $20 million.

ROMEO, MI-The local school system is opening a $19 million, $92,000 sf Engineering and Technology Center this fall, in this Macomb County town north of Detroit.

DETROIT-A new Holiday Inn has opened in a Downtown building, across from the storied Book Cadillac Hotel, which is currently under renovation.