FARMINGTON HILLS, MI- Ramco-Gershenson Properties Trust is moving forward with its corporate reorganization that will diminish the day-to-day responsibilities of owners Bruce Gershenson and Michael Ward.

BLOOMFIELD HILLS, MI-Taubman Centers is raising the funds through a new stock offering. Wachovia Securities is the lead manager for the offering and RBC Capital Markets and KeyBanc Capital Markets are co-managers.

BLOOMFIELD HILLS, MI-Taubman Centers is raising the funds through a new stock offering. Wachovia Securities is the lead manager for the offering and RBC Capital Markets and KeyBanc Capital Markets are co-managers.

DETROIT-According to a recent report, developers are on track to deliver 60% more sf to the Detroit area retail market in 2005. Strip centers continue to be a popular investment, with the median price increasing 43% to $106 per sf over the past 12 months.

DETROIT–Ramco-Gershenson, Agree Realty, two Farmington Hills-based real estate firms with 81 and 54 properties respectively, declare regular dividends. Dividends are payable in July.

DETROIT-After reporting a Q1 loss of more than $1 billion, GM is shuttering several plants around the country. The restructuring plan will result in the loss of 25,000 manufacturing jobs in the US, or about 17% of its domestic workforce.

DETROIT-After reporting a Q1 loss of more than $1 billion, GM is shuttering several plants around the country. The restructuring plan will result in the loss of 25,000 manufacturing jobs in the US, or about 17% of its domestic workforce.

DETROIT-A national watchdog group says it is concerned about the future of many historic Detroit buildings. The National Trust for Historic Preservation listed "the historic buildings of Downtown Detroit" on its annual listing of the nation's 11 most endangered places.