Michigan

101-Room Hilton Garden Inn to Open at Former Bank Building in Flint, Michigan

by Kristin Harlow September 27, 2019

FLINT, MICH. — A new 101-room Hilton Garden Inn is set to open in downtown Flint in 2020. The building was formerly known as the Genesee County Savings Bank Building. The historic 11-story building was Flint’s second skyscraper when it opened in 1920. (The height of a skyscraper in those days was typically much lower than today.) Plans for the Hilton Garden Inn include a full-service restaurant, meeting and banquet center and rooftop deck. Crescent Hotels and Resorts will manage the hotel. Flint-based firms DW Lurvey Co. and Sorenson Gross are jointly managing construction of the project. Detroit-based Kraemer Design Group is serving as architect, interior designer and historic consultant. Developer Uptown Reinvestment Corp., Michigan Economic Development Corp., Charles Stewart Mott Foundation, Skypoint Ventures and Local Initiatives Support Corp. are providing project financing, along with Huntington Bank and Old National Bank.

September 27, 2019

Leasing Activity Michigan Midwest Office

Secure 24 Signs 100,000 SF Office Headquarters Lease in Southfield, Michigan

by Kristin Harlow September 26, 2019

SOUTHFIELD, MICH. — Secure 24 has signed a 100,000-square-foot office lease for its new headquarters in Southfield. The cloud services provider will occupy space at 4000 Town Center. Robert Badgero and Steve Badgero of Colliers International represented the tenant in the lease transaction. The landlord was not disclosed. Secure 24, which currently operates at 26955 Northwestern Highway in Southfield, expects to occupy its new space in the first quarter of 2020.

September 26, 2019

Development Healthcare Michigan Midwest

HED Designs $9M Heart Center at Beaumont Hospital in Royal Oak, Michigan

by Kristin Harlow September 23, 2019

ROYAL OAK, MICH. — HED has completed the design of the new Max and Debra Ernst Heart Center at Beaumont Hospital in Royal Oak, a northern suburb of Detroit. The firm led the architecture, engineering and interior design for the 14,000-square-foot, $9 million hospital addition. The project consolidates cardiac care, particularly for patients with heart failure, into a convenient and comprehensive facility. The addition is home to 12 patient care rooms, an echocardiogram room, vascular room, stress testing room and two treatment rooms. It is designed to treat 100 patient visitors per day.

September 23, 2019

Industrial Leasing Activity Michigan Midwest

Crane Worldwide Logistics Signs 136,500 SF Industrial Lease in Romulus, Michigan

by Kristin Harlow September 23, 2019

ROMULUS, MICH. — Crane Worldwide Logistics has signed a 136,500-square-foot industrial lease in Romulus. The property is located at 10725 Harrison Road. The company is an international logistics firm with 120 locations in 30 countries. Peter Rogers of CBRE represented the tenant in the lease transaction. Randall Allman of CBRE represented the owner, AEW Capital Management.

September 23, 2019

Development Healthcare Michigan Midwest Top Stories

Michigan Medicine to Develop $920M Hospital in Ann Arbor

by Alex Patton September 20, 2019

ANN ARBOR, MICH. — Michigan Medicine, a health and hospital system affiliated with the University of Michigan, has announced plans to develop a new adult hospital and surgical care facility near the university in Ann Arbor. Construction of the $920 million project will begin in October, with completion slated for fall 2024. The 690,000-square-foot facility will offer state-of-the-art neurological and neurosurgical care, as well as acute cardiovascular services. Michigan Medicine cites a high demand for acute care and more private rooms as primary reasons for the construction, as well as its current facilities frequently operating at capacity. “We are proud to be at the forefront of innovation with a new hospital that will support the extraordinary work of our faculty, nurses and other providers and our research community,” says Marschall Runge, executive vice president of medical affairs for University of Michigan, dean of the medical school and CEO of Michigan Medicine. “It’s an investment in Michigan Medicine’s mission of advancing health to serve Michigan and the world.” Across 12 floors, the new hospital will house 264 private rooms, 20 operating rooms and three interventional radiology suites. Other occupants of the new space will include anesthesiology, pharmacy, speech language pathology and …

September 20, 2019

Development Michigan Midwest Office

Ford Unveils Redesign for Dearborn, Michigan Campus

by Kristin Harlow September 18, 2019

DEARBORN, MICH. — Ford Motor Co. has unveiled plans to transform its Research & Engineering Center in Dearborn into a high-tech campus for its thousands of designers, engineers and product development workers. The heart of the project will be a new central campus building, which will sit on the site of Ford’s 66-year-old product development center. Construction of the new building is slated for completion in 2025. The new facility will help Ford speed product and technology innovation and attract world-class talent, according to a news release. Ultimately, the master plan envisions a campus of interconnected buildings that could one day house more than 20,000 employees. The new master plan is the result of a two-year research and planning process led by architect Snohetta. Plans call for an increase in public spaces and shared pathways, as well as coffee shops and restaurants.

September 18, 2019

Leasing Activity Michigan Midwest Restaurant Retail

GPS Hospitality Opens 3,600 SF Burger King in Roseville, Michigan

by Kristin Harlow September 17, 2019

ROSEVILLE, MICH. — GPS Hospitality Inc. has opened a new Burger King restaurant at 26640 Gratiot Ave. in Roseville, just south of I-696. Burger King occupies approximately 3,600 square feet on a 1.3-acre site. Tjader Gerdom and Larry Siedell of Gerdom Realty & Investment represented GPS Hospitality in the lease transaction. Founded in 2012, GPS Hospitality is a Burger King, Pizza Hut and Popeyes franchisee, operating more than 475 restaurants.

September 17, 2019

Loans Michigan Midwest Office

Bernard Financial Arranges $44.5M Refinancing for Ann Arbor Office Property

by Kristin Harlow September 12, 2019

ANN ARBOR, MICH. — Bernard Financial Group has arranged a $44.5 million CMBS loan for the refinancing of 777 E. Eisenhower Parkway in Ann Arbor. The 271,817-square-foot, multi-tenant office property was built in 1975. Dennis Bernard and Joshua Bernard of Southfield-based Bernard arranged the loan with a CMBS firm on behalf of the borrower, 777 Associates LLC.

September 12, 2019

Acquisitions Hospitality Michigan Midwest

KSL Capital Partners Agrees to Acquire Historic Grand Hotel on Michigan’s Mackinac Island

by Kristin Harlow September 11, 2019

MACKINAC ISLAND, MICH. — KSL Capital Partners LLC has agreed to acquire the Grand Hotel on Mackinac Island from the Musser family, whose legacy with the hotel dates back over 85 years. Terms of the transaction, expected to close within the next 30 days, were not disclosed. Dan Musser III will remain chairman. The 397-room hotel is a National Historic Landmark that overlooks the Straits of Mackinac and the Mackinac Bridge. Its 660-foot long porch is the world’s longest porch, according to a news release. Mackinac Island does not allow motorized vehicles, so guests arrive by ferry or airplane and are transported to the hotel by horse and carriage. Open from early May to late October each year, the Grand Hotel first opened in July 1887. Pivot Hotels & Resorts, the lifestyle and luxury operating division of Davidson Hotels & Resorts, will manage the property for KSL.

September 11, 2019

Leasing Activity Michigan Midwest Office

Engineering Consulting Firm Expands in Grand Rapids

by Kristin Harlow September 10, 2019

GRAND RAPIDS, MICH. — Engineering consulting firm Hubbell, Roth & Clark Inc. (HRC) is relocating from its 3,500-square-foot office in the American Seating building to a 7,000-square-foot office at 1925 Breton Road SE in Grand Rapids. The 44,000-square-foot Breton Road building, owned by an affiliate of Rockford Construction, was formerly medical office space. Rockford updated the formerly vacant building. HRC expects to move into its new space in mid-October. Colliers International | West Michigan handles leasing for the entire building.

September 10, 2019

Newer Posts

Older Posts