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Morning Calm Management has been growing its footprint in the Detroit MSA over the past 12 months, having closed on three transactions in the area prior to the Promanas portfolio acquisition, Newmark Knight Frank states.
Catalyst is also seeking to add services such as job-training programs, community health clinics, pre-kindergartens and affordable grocery stores to its developments.
The Florida Supreme Court declined to accept jurisdiction in the case, although the decision is in a way irrelevant as Beckham no longer is planning a soccer stadium in Overtown.
The deal for the three-building complex—610 Main St. North, 1 Portland St. and 700 Main St.—totals 676,917 square feet and an associated 650-space parking garage.