NOVI, MI-Tower Automotive Inc. advances plans to close facilities in Milwaukee and Greenville. The closures are part of the company's continuing restructuring efforts to remain competitive in a soft market.

SOUTHFIELD, MI-With the signing of leases by PetSmart and Best Buy, Ramco-Gershenson Properties Trust, owner of the Tel-Twelve shopping center has completed plans to "de-mall" the center. The signing of the two leases marks the second and final redevelopment phase of the shopping center.

SOUTHFIELD, MI-With the signing of leases by PetSmart and Best Buy, Ramco-Gershenson Properties Trust, owner of the Tel-Twelve shopping center has completed plans to "de-mall" the center. The signing of the two leases marks the second and final redevelopment phase of the shopping center.

SOUTHFIELD, MI-With the signing of leases by PetSmart and Best Buy, Ramco-Gershenson Properties Trust, owner of the Tel-Twelve shopping center has completed plans to "de-mall" the center. The signing of the two leases marks the second and final redevelopment phase of the shopping center.

ALLEN PARK, MI-The first batch of tenants that have moved into the Fairlane Green development will be joined by new tenants expected to occupy newly constructed space sometime in May. Meanwhile, developers have begun construction on 24,000 sf of new retail space.

ALLEN PARK, MI-The first batch of tenants that have moved into the Fairlane Green development will be joined by new tenants expected to occupy newly constructed space sometime in May. Meanwhile, developers have begun construction on 24,000 sf of new retail space.

DETROIT-The softening automotive industry has caused industrial space vacancies in the metro Detroit area to rise from 10.7% to 11.2%, according to one brokerage firm's report. Consolidations, downsizing and bankruptcies are also having a negative impact on the market.

CHELSEA, MI-The Chelsea Teddy Bear Co. inks a 30,000-sf lease in a portion of the Chelsea Warehouse Building. The warehouse is currently undergoing renovations and will eventually house the company's manufacturing, retail and other administrative operations.