FARMINGTON HILLS, MI-Demand for good office space in Detroit and the Metropolitan Area will soften in next five years, but it will still exist, said the company.
FARMINGTON HILLS, MI-Demand for good office space in Detroit and the Metropolitan Area will soften in next five years, but it will still exist, said the company.
LIVONIA, MI-The local development firm bought Seven Mile Crossing to build up office space in this downriver city. The sale was part of a $56.4-million package that included buildings in Houston and suburban Chicago.
SOUTHFIELD, MI-The sale of a strip shopping strip center in White Lake Township, 40 miles northwest of Detroit, is a way for the REIT to eliminate asset drain and provide
DETROIT-Seventy-six community airports in the state will split $22 million. Most of the airports will get for $150,000 to extend and repair runways, acquire land for noise abatement and meet environmental concerns.
DETROIT-Dennis Archer says development will continue not only in a Downtown area that was a "ghost town" a decade ago, but in the city's neighborhoods, where $11 million has been poured into parks.
SOUTHFIELD, MI- Advanced Network eXchange eBusiness Corp., owned by a San Diego firm, will open its headquarters in the 2000 Tower office complex, where rates average $20.50 per sf.
FARMINGTON HILLS, MI-The City Council here agrees to a site plan for 680,000 sf of shops, offices and restaurants on an 89-acre site. A boutique hotel also could built by Grand Sakwa Properties and Phoenix Land Development Corp.
DETROIT-Plants outside the United States will close permanently; others here and in Canada will reduce the number of shifts. They include Toledo, OH; Belvidere, IL and Windsor, Ontario. The closings are in Mexico and South America.
DETROIT-All Southeast Michigan stores are spared, but the Plano, TX-based retailer is closing its 23,000-sf store in Ironwood, MI. The store has been operating since 1991 in the Ironwood Commons Shopping Plaza.