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The Detroit News to leave Fort Street office, seek new space

Posted By: Detroit News on October 2, 2024.  For more information, please click here to read the source article. The Detroit News is looking for a new home after being recently notified by its building owner that it will need to leave its space in the former Federal Reserve building by the end of the year. The business […]

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Commercial Real Estate Deal Flow Shows Signs of Revival

Posted By: CoStar on August 20, 2024.  For more information, please click here to read the source article. In commercial real estate, numbers tell the story, and as the third quarter of 2024 unfolds, the figures are beginning to shift the perception of future deal flow toward cautious optimism. Through June of this year, total property sales of […]

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Auto Supplier Signs Industrial Lease for Space in Harper Woods, Michigan

Posted By: CoStar on November 10, 2023.  For more information, please click here to read the source article.   Automotive supplier Thai Summit America Corp. recently finalized a lease agreement to secure 297,100 square feet at the Eastland Commerce Center in Harper Woods, Michigan. Thai Summit is expanding in Michigan with its newest lease as it already has […]

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Bankrupt WeWork owes ex-Detroit landlord $5.1 million, filing shows

Posted By: The Detroit News on November 7, 2023.  For more information, please click here to read the source article.   Nearly a year after closing its space in Midtown, WeWork has filed for Chapter 11 bankruptcy, with documents showing that owes its former landlord the Platform $5.1 million in lease termination fees. The Detroit-based developer is among […]

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Southfield Town Center to sell next month

The Southfield Town Center is expected to be sold by the end of next month in what would be among the most significant office transactions in the last decade, Crain’s has learned. An estoppel certificate sent to tenants in the region’s second-largest office complex says that a sale to a Delaware entity called 270B STC […]

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