David Greene, vice president of brokerage services at the company, says many of Detroit's statistics in the first half are respectable. "Many of this market survey's findings, including good occupancy rates, healthy rents and more than 2.1 million sf leased, clearly reflect the vitality and strength of this market," he states.
The study points out recent, noteworthy transactions such as:
• Seven Mile Crossing in Livonia, at 335,986 sf, sold by Prentiss Properties to Kojaian Properties for $40 million;
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