Lansing, Mich. — Gillespie Group has unveiled plans to redevelop a former Sears Roebuck location at 3131 E. Michigan Ave. in Lansing. The property is being marketed as ROECO, a retail and entertainment destination. Specific redevelopment plans have yet to be finalized.
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Livonia, Mich. — Gerdom Realty & Investment has completed the lease-up of Century Plaza in Livonia. Marco’s Pizza leased the final 2,000 square feet remaining at the retail center, which is located at the northeast corner of Five Mile and Newburgh
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Troy, Mich. — DraftKings Inc. and Live! Hospitality & Entertainment are opening the country’s first Sports & Social DraftKings venue at Somerset Collection in Troy this fall. Sports & Social DraftKings will offer a live sports viewing and wagering experience with
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Southfield, Mich. — JLL Capital Markets has brokered the $45 million sale of Tel Twelve, a 193,850-square-foot retail center in Southfield. The property is located roughly 15 miles northwest of Detroit at 28400 Telegraph Road. The center was 98 percent
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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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