Press Releases

Cole Real Estate Investments Acquires Fairlane Green Power Center for $47 Million

On March 15th, 2012, posted in: Press Releases by Comments Off

270,000-Square-Foot Property Nearly 100% Occupied with Strong Lineup of  National Retail Tenants     DIGITAL JOURNAL March 15, 2012  Phoenix, AZ (PRWEB) Cole Real Estate Investments (Cole), one of the nation’s leading investors in high-quality, income-producing retail, office and industrial real estate assets, announced the acquisition of Fairlane Green, a 270,000-square-foot retail power center located..

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Spec’s Announces New Plano, Fort Worth Stores

On February 20th, 2012, posted in: Press Releases by Comments Off

 DALLAS BUSINESS JOURNAL February 20, 2012 By: Lance Murray, Digital Content Producer Spec’s Wine, Spirits & Finer Foods has signed two leases in Fort Worth and announced it is has leased space for a store in Plano. The Houston-based company has leased 30,000 square feed of space at Interstate 30 and Eastchase in Fort Worth. The..

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Can an Old Auto Plant Come Back to Life? West Michigan Community Aims to Try

On January 11th, 2012, posted in: Press Releases by Comments Off

CRAIN’S DETROIT BUSINESS January 11, 2012 4:05 PM By: Pat Schellenbarger The General Motors Corp. stamping plant in suburban Grand Rapids was born in the Great Depression and died in the last recession. Now West Michigan government and economic development officials are betting that the site will enjoy an economic revival. Eighteen months after demolition..

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MEGA OKs Tax Incentives for Meijer Store in Detroit, Urban Market in Grand Rapids

On November 15th, 2011, posted in: Press Releases by Comments Off

DETROIT MAKE IT HERE November 15, 2011 By: Daniel Duggan The state of Michigan has approved a $3.3 million tax incentive for the development of a Meijer Inc. store on the site of the vacant Redford High School in Detroit. The approval was among $11.4 million in tax incentives OK’d today by the board of..

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Lormax Stern Purchases Phase I of Fairlane Green Retail Center in Allen Park

On June 7th, 2010, posted in: Press Releases by Comments Off

 CRAIN’S DETROIT BUSINESS June 07, 2010 2:46 PM By Daniel Duggan West Bloomfield Township-based retail developer Lormax Stern Development Co. has purchased phase one of the Fairlane Green retail development in Allen Park from a Texas-based investment group. Sale of the 400,000-square-foot facility closed Friday. The sale price was not disclosed. Selling the retail center..

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Livonia Marketplace Groundbreaking Set for Thursday

On August 24th, 2009, posted in: Press Releases by Comments Off

CRAIN’S DETROIT BUSINESS August 24, 2009 3:04 PM By Gabe Nelson   A groundbreaking ceremony for the planned Livonia Marketplaceshopping center has been scheduled for Thursday, the developers of the 325,000-square-foot complex announced today.The shopping center is being developed by Livonia Phoenix L.L.C., a partnership consisting of Farmington Hills-based Grand/Sakwa Properties L.L.C., Bloomfield Township-based Lormax..

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