VAN BUREN, MI-With a 9.2% vacancy, Southern Wayne County has seen bullish industrial activity in recent months. Adding to the momentum, Consolidated Holdings LLC purchases an 85,980-sf building at 7565 Haggerty Rd. from Comerica Bank.
AUBURN HILL, MI-The once-vacant High Meadow Office building is now more than 90% occupied with the signing of two new leases. The building was purchased by Summit High Meadow LLC in 2004 as a speculative, turnaround project.
WESTLAND, MI-Industrial leasing activity in Western Wayne County continues with the signing of a 23,755-sf lease by T&D Global Equipment Visionz Inc. Despite the activity, fourth-quarter vacancy rises to 13.5% due to several large blocks of space returning to the market.
SHELBY TOWNSHIP, MI-A brick paving company buys a 30,000-sf industrial building where it plans to open a stone cutting and etching facility. The two-story building was formerly used as maintenance facility for a school.
ANN ARBOR, MI-Joseph Freed Homes anticipates breaking ground in May on the 93-unit, 10-story Ashley Terrace condominium project Downtown. More than 50% of the units have already been sold.
ANN ARBOR, MI-Joseph Freed Homes anticipates breaking ground in May on the 93-unit, 10-story Ashley Terrace condominium project Downtown. More than 50% of the units have already been sold.
BIRMINGHAM, MI-Birmingham is hoping to compete with Somerset Collection and other area retailers by attracting new national tenants to the downtown area. Officials have sought the advice of Detroit-based Bieri Co., a national retail consulting firm.
BIRMINGHAM, MI-Birmingham is hoping to compete with Somerset Collection and other area retailers by attracting new national tenants to the downtown area. Officials have sought the advice of Detroit-based Bieri Co., a national retail consulting firm.
STERLING HEIGHTS, MI-D/K/G Development LLC, a division of Bingham Farms-based Burton Katzman Development Co., buys 144,174 sf at the Shops at Sterling Pond. The sale includes 107,741 sf of in-line space and six restaurant pad sites totaling 36,433 sf.
STERLING HEIGHTS, MI-D/K/G Development LLC, a division of Bingham Farms-based Burton Katzman Development Co., buys 144,174 sf at the Shops at Sterling Pond. The sale includes 107,741 sf of in-line space and six restaurant pad sites totaling 36,433 sf.