Bedrock acquires 500,000 square feet of office space in Detroit
Bedrock has acquired 300 River Place in Detroit from The Stroh Companies, Inc. The River Place Portfolio acquisition adds 500,000 square feet of office space,…
Michigan
Gerdom Realty & Investment closes lease for former fast-food restaurant in Michigan
Tjader Gerdom & Vicki Gutowski of Gerdom Realty & Investment represented Christy’s Hamburgers in leasing the 2,400-square-foot former Checkers Restaurant at 2835 Washtenaw Ave. in…
Bernard Financial Group closes $2.4 million loan for Michigan flex property
Bernard Financial Group has closed a $2.4 million life company loan for a 20,139-square-foot flex property in Plymouth, Michigan. The borrowing entity is DD Helm,…
NorthPoint Development almost ready to wrap construction on two-building industrial park in Michigan
Kansas City-based developer NorthPoint Development is near completion on a two-building industrial park, Ecorse Commons, in Romulus, Michigan. Totaling 654,000 square feet of class-A industrial…
Hanley Investment Group sells Olive Garden in Detroit area
Hanley Investment Group Real Estate Advisors has arranged the sale of an absolute triple-net ground lease for a newly constructed, single-tenant Olive Garden Italian Restaurant…
Friedman Real Estate sells historic 72-unit apartment building in Detroit
Friedman Real Estate recently sold the historic El Tovar apartment building, a 72-unit multi-family property in Detroit. Friedman’s Peter Jankowski advised the buyer in this transaction.
Colliers’ Detroit office sells 10,000-square-foot Dollar General store
Simon Jonna, executive vice president of the Jonna Group of Colliers Detroit completed a 10,000-square-foot sale of a Dollar General at 1811 S. US Highway…
Detroit’s Bedrock adds SVP of leasing
Detroit-based developer Bedrock has added veteran real estate executive Naumann Idrees as its senior vice president of leasing. As SVP of leasing, Idrees will identify…
RHP Properties acquires 29 manufactured home communities in Indiana, Michigan and Illinois
RHP Properties has acquired 29 manufactured home communities in Illinois, Indiana and Michigan containing more than 4,200 sites for a purchase price of $184 million.…
Friedman Real Estate closes 23,000-square-foot lease at Michigan corporate park
Friedman Real Estate recently leased the more than 23,000-square-foot flex space at the Beck North Corporate Park in Novi, Michigan. Friedman’s Dan Verderbar advised the tenant in the…