TROY, MI-Nemer Proeprty Group Inc., one of the partners in thejoint venture that owns the fived-building Troy Place officecampus, has brought on Grubb & Ellis Co. to help with leasing.The five-building, 750,000-square-foot complex is 35% vacant.

While the property is at W. Big Beaver Road and CoolidgeHighway, at what had formerly been State and Main for officeleasing in the Detroit area, corporate downsizing has hit the areahard. The Troy submarket, much like the rest of the metropolitanarea, is about 30% vacant.

Troy Place has as a main tenant the military contractor BAE,which leases 90,000 square feet, but also has lost more than 65,000square feet after Sears pulled out of the building. The complex isacross the street from the former Kmart world headquarters, whichmoved to Hoffman Estates, IL after Sears acquired the company. “Welost several tenants after Kmart’s offices closed, they weresuppliers,” says Larry Nemer. The Kmart site is now owned by theForbes Co., which also owns the nearby Somerset Collection mall andis part owner in the Troy Place venture.