Regions Midwest | Detroit
Gaming Board May Force Casino Sale
May 14, 2008 - Source: Crain's Detroit Business
The Michigan Gaming Control Board has set a June 10 date to decide on the forced sale of Greektown Casino, which hasn't been performing up to expectations.
Automotive Company to Expand Livonia HQ by 94,000SF
May 13, 2008
TRW Automotive has announced plans to expand its North American headquarters in Livonia, Mich., at a cost of $14.2 million.
GM to Buy Properties in Detroit, Michigan, Issues Mortgage-Backed Line to Subsidiary
May 09, 2008
An 10-Q filing has confirmed GM's buy of three properties, including its Detroit, Michigan-based corporate headquarters, for a total of $826 million.
Michigan Restaurant Chain Changes Hands
May 09, 2008 - Source: Crain's Detroit Business
The Ferndale-based bd's Mongolian Grill has been sold to New York private equity firm Kinderhook Industries.
$1M Sale of 19th Century Retail Building to Yield New Apartment Complex
May 08, 2008
Detroit's Downtown Development Authority has just signed off on the $1 million sale of the historic Pepper Shoe Building on Woodward St. for a residential redevelopment endeavor, according to Crain's Detroit Business.
Greektown to Get New Co-Owner in $100M Deal
May 06, 2008
The Sault Ste. Marie Tribe of Chippewa Indians has agreed to sell a sizeable stake in its Greektown Casino in Detroit to Entertainment Interests Group L.L.C. for $100 million.
Dirty Dog Jazz Cafe Gives Detroiters A Taste of N.Y.
May 05, 2008 - Source: Crain's Detroit Business
"To me, Detroit is jazz," owner Gretchen Valade told Crain's Detroit Business.
Detroit Science Center to Get 80,000SF Addition
April 30, 2008
The Detroit Science Center has broken ground on an 80,000-square-foot addition to the museum.
Detroit to Get $371M Rail System
April 30, 2008
The city of Detroit announced plans to construct a two-rail rapid-transit system along Woodward Avenue from downtown to 8 Mile.
Beaumont Hospitals to Add 346,000SF to Royal Oak Campus in Detroit
April 29, 2008
Beaumont Hospitals is planning a $204 million 346,000-square-foot expansion at its Royal Oak campus in Detroit that will include an expanded emergency room with more than 170 private patient rooms replacing curtained cubicles, Detroit News reported.
Westin Book Cadillac Detroit to Reopen in November
April 29, 2008
Detroit's Book-Cadillac Hotel is set to reopen in the fall as Westin Book Cadillac Detroit after closing its doors to the public almost 25 years ago, Detroit Free Press reported.
AHP Sells Michigan Retail Property
April 28, 2008
Friedman Real Estate Group Inc. negotiated the sale of 12,300 square feet of retail space located at 1351 Gratiot Avenue in Clinton Township, Michigan.
City of Pontiac Takes New Bids for Silverdome
Feb. 25, 2008
The City of Pontiac, Mich., is having another go at selling the Pontiac Silverdome for redevelopment. Despite previous attempts to sell the shuttered sports facility on a 127.5-acre site in the Detroit suburb, it remains unused and under city ownership.
lafayette Northern Group Builds Detroit Portfolio with Purchase of Apartment Towers 
Jan. 15, 2008
The Northern Group, based in New York City, has further extended its Detroit holdings with the purchase of the 584-unit Layafette Apartment Towers, a pair of 22-story buildings designed by Mies van der Rohe. 
cadillac $150M Mixed-Use Complex in Works for Downtown Detroit
Jan. 07, 2008
Plans for the development of Cadillac Centre, a mixed-use project designed to help spur Detroit's renaissance, have come to the fore. Northern Group Inc. will develop the property at a cost of $150 million.
Oakland Mall Urban Retail Gets Back into Acquisition Game with 1.5MSF Suburban Detroit Mall Purchase
Nov. 19, 2007
Oakland Mall, a 1.5 million-square-foot shopping center in Troy, Mich., has just come under the ownership of Urban Retail Properties L.L.C., marking the Chicago-based company's return to real estate acquisitions. Urban Retail had been focusing solely on providing property leasing and management services for the last five years.
$200M Mixed-Use Sports Complex Planned for Detroit Area
Sept. 10, 2007
The Motown Technology & Sports Facility, a 1.6 million-square-foot sports and entertainment project, is coming to Metropolitan Detroit. Metro Sports Center L.L.C. has revealed plans for the cutting-edge mixed-use development, which will cost an estimated $200 million to complete.
 

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