Oak Brook, Ill. — JLL’s Capital Markets group has arranged the $278 million sale of an eight-property, grocery-anchored retail portfolio. The buyer was Inland Real Estate Income Trust Inc. The properties were 88.5 percent leased at the time of sale
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Brighton, Mich. — Three new tenants have signed leases to open at Green Oak Village Place in Brighton, about 45 miles northwest of Detroit. Athleta, F45 Training and US Mattress are all scheduled to open this summer. Athleta will occupy
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Flint, Mich. — The Jonna Group of Colliers has brokered the sale of a 6,885-square-foot commercial building in Flint. The property, built in 2019, is located at 5009 Miller Road. Tenants at the fully leased building include U.S. Army &
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Howell, Mich. — Metro Infusion Center has leased the remaining 1,458 square feet at Shops at Westbury in Howell, about 30 miles north of Ann Arbor. Michael Murphy and Bill McLeod of Gerdom Realty & Investment represented the undisclosed landlord.
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Battle Creek, Mich. — NAI Wisinski of West Michigan has arranged the sale of Minges Creek Plaza in Battle Creek. The 72,000-square-foot shopping center was fully leased at the time of sale to tenants such as Jo-Ann, Biggby Coffee, Xfinity,
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Troy, Mich. — MKiezi Investments has acquired Oakland Mall in Troy, about 24 miles from Detroit, from CenterCal Properties. The mall, which opened in 1968, spans roughly 1.5 million square feet and is home to Macy’s, J.C. Penney and a
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Westland, Mich. — Marcus & Millichap has arranged the $3.5 million sale of a restaurant property net leased to On the Border Mexican Grill in Westland, about 16 miles west of downtown Detroit. On the Border has 14 years remaining
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Lake Orion, Mich. — The Boulder Group has arranged the $4.1 million sale of a single-tenant retail property occupied by Firestone in Lake Orion, about 38 miles north of Detroit. The net-leased, 6,116-square-foot building is located at 25 Indianwood Road.
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Saginaw, Mich. — Mid-America Real Estate Corp. has arranged the sale of Valley Center, a 409,000-square-foot shopping center in the Central Michigan community of Saginaw. The property was 88 percent leased at the time of sale to tenants including T.J.
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Holland, Mich. — JLL Capital Markets has arranged the sale of Felch Street Shopping Center, a 166,100-square-foot retail center in Holland, about 29 miles from Grand Rapids. Amy Sands, Clinton Mitchell, Michael Nieder and Matthew Schoenfeldt of JLL represented the
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Dearborn, Mich. — KJ Commercial has brokered the $10.5 million sale of a 52,000-square-foot retail center in Dearborn, about 9 miles from Detroit. Rite Aid and Goodwill anchor the fully leased property. Kevin Jappaya and David Jappaya of KJ Commercial
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Royal Oak, Mich. — The Boulder Group has negotiated the $2.8 million sale of a single-tenant retail property net leased to Chipotle Mexican Grill in Royal Oak, a northern suburb of Detroit. The 2,400-square-foot building is located at 305 W.
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