AUBURN HILLS, MICH. — Bernard Financial Group (BFG) has arranged a $13.6 million construction loan for a self-storage project in Auburn Hills. Adam Ferguson of BFG arranged the loan with a banking institution. The borrowing entity was Opdyke/S Blvd Self-Storage LLC & 975 Opdyke II LLC.
SHELBY TOWNSHIP, MICH. — Sport Clips will open at the Kroger-anchored shopping center at the southeast corner of 25 Mile and Dequindre roads in Shelby Township, a northern suburb of Detroit. Bill McLeod and Tjader Gerdom of Gerdom Realty & Investment represented the tenant in the lease for the 1,200-square-foot space, which was formerly home to Supercuts. Adams Commercial Real Estate Group manages the property.
KALAMAZOO, MICH. — NAI Wisinski of West Michigan has relocated its Kalamazoo office to a new space at 650 Trade Centre Way in Portage. The building is a five-minute drive from the firm’s previous location on Whites Road. The 2,400-square-foot office features seven private offices and an open workspace. The company says the new layout supports its expanding brokerage and property management services across the region. NAI Wisinski opened its Kalamazoo location in 2013.
SALINE TOWNSHIP, MICH. — OpenAI, the creator of ChatGPT, has unveiled plans to build a new Stargate campus in Saline Township near Ann Arbor as part of its 4.5-gigawatt partnership with Oracle. Combined with capacity from OpenAI’s six previously announced U.S. Stargate sites with Oracle and SoftBank, this project brings Stargate to more than 8 gigawatts of planned capacity and more than $450 billion in investment over the next three years. In January, the company announced a $500 billion, 10-gigawatt commitment. Related Digital is developing the Stargate Michigan campus. Construction is expected to begin in early 2026 and create more than 2,500 union construction jobs. DTE Energy will serve the campus using existing excess transmission capacity, avoiding impacts on local energy supply. OpenAI says that any upgrades required to support operations will be funded by the project and not local ratepayers. The project will span 1.6 million square feet across three buildings, according to Crain’s Detroit Busienss. OpenAI has previously announced Stargate sites in Texas, New Mexico, Wisconsin and Ohio.
DEARBORN HEIGHTS, MICH. — Vida Clinical Studies has signed a 3,024-square-foot medical office lease at 8560 N. Silvery Lane in Dearborn Heights. James Mitchell of Dominion Real Estate Advisors LLC represented the tenant and the undisclosed landlord in the three-year lease. The tenant conducts clinical research and has over a decade of experience in the Detroit metro area.
GRAND RAPIDS, MICH. — Freedom Functional Medicine has leased a medical suite at 1787 Grand Ridge Court NE in Grand Rapids. The 7,247-square-foot suite includes 14 exam rooms, seven private offices, an X-ray room, blood lab, nurses’ station, breakroom and a reception area. Josh Wiser of Keller Williams guided the property search, while Hillary Taatjes Woznick and Doug Taatjes of NAI Wisinski of West Michigan represented the landlord.
WARREN, MICH. — Consumer Cellular has signed a 3,600-square-foot retail lease at The Shoppes at Beaver Creek in Warren, an inner-ring suburb of Detroit. Owen Kelly and Michael Murphy of Gerdom Realty & Investment represented the undisclosed landlord, while Adam Goodman of Mid-America Group represented the tenant. The property is located on Van Dyke Avenue between 13 and 14 Mile roads.
FRASER, MICH. — Inland Real Estate Investment Corp. and Devon Self Storage, a member of The Inland Real Estate Group of Cos. Inc., have completed an 85,330-square-foot self-storage redevelopment project in Fraser, a northern suburb of Detroit. The property at 31475 Utica Road was formerly a light industrial facility built in 1975. The asset now consists of a two-story, climate-controlled building, along with exterior non-climate-controlled buildings, offering a total of approximately 750 storage units, a 24-hour security system and a drive-in area providing access to the main interior storage area.
GAYLORD, MICH. — SRS Real Estate Partners has negotiated the $7.6 million sale of Shops at Edelweiss Village, a 51,857-square-foot shopping center located at 859 Edelweiss Village Parkway in Gaylord, a city in northern Michigan. Built in 2004 and situated on nearly 13 acres, the property is 78 percent occupied and was sold as a value-add opportunity. Dollar Tree is the anchor tenant. Additional tenants include Pet Supplies Plus, Kay Jewelers, AT&T and Sally Beauty. Matthew Mousavi and Patrick Luther of SRS represented the seller, a Michigan-based family partnership. Kevin Jappaya, David Jappaya and Preston Rabban of KJ Commercial Real Estate Advisors represented the buyer, a Michigan-based group of private investors and owners of retail centers throughout the state.
AUBURN HILLS, MICH. — Automaker Stellantis (NYSE: STLA), parent company of brands including Jeep, Dodge and Ram, has unveiled plans to invest $13 billion over the next four years to grow its business in the U.S. market and increase its domestic manufacturing footprint. The investment, the largest in the company’s 100-year U.S. history, will support the introduction of five new vehicles across the brand portfolio; production of the all-new four-cylinder engine; and the addition of more than 5,000 jobs at plants in Illinois, Ohio, Michigan and Indiana. Stellantis says the investment will increase its annual finished vehicle production in the United States by 50 percent over current levels. The new product launches will be in addition to 19 refreshed products across all U.S. assembly plants and updated powertrains planned through 2029. In Illinois, Stellantis plans to invest more than $600 million to reopen the Belvidere Assembly Plant to expand production of the Jeep Cherokee and Jeep Compass for the U.S. market. Initial production launch is expected in 2027, and the company anticipates the creation of roughly 3,300 new jobs. With an investment of nearly $400 million, Stellantis plans to move assembly of an all-new midsize truck from Belvidere to the …
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