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MOUNT CLEMENS, MI-Investors may bring in the Northern League to a new $15 million downtown stadium. The mayor says the project would spur more local development. In the interim, the county commission will be asked to assist.
LA MESA, CA-Pacific Development Partners LLC begins construction on the three-building office complex that is part of the 295,000-sf Imperial Marketplace development, which also includes retail and restaurant space.
LONDON-Isis Property has kept BT from exercising a break option on its 188,000-sf Westside building in Kings Langley, Hertfordshire. But it has accepted a surrender on 109,000 sf of adjoining space.
WAYNE COUNTY, MI-Wayne County executive Ficano wants to create a new economic development corporation organization that would help boost the number of companies building and expanding in the area.
PHOENIX-A company that holds the patent on acrylic block windows has taken a new space just down the street from its current location in an expansion that gives it an additional 5,000 sf of distribution and office space.
LAS COLINAS, TX-Digital Architects relocates from within the submarket with deal making that wins "exclusive" rights for the first sign on a 20-year-old office building. In exchange, the building gets what is likely Las Colinas' first full-floor deal this year.
SOUTHFIELD, MI-The company is moving from a Farmington Hills location into a 10-year lease in a 113,000-sf space after a two year search for the right property.
LONDON-Henderson Global Investors has purchased a 50% stake in the 96,400-sf Cambridge Retail Park and will manage the property on behalf of co-owner Merrill Lynch Investment Managers, while working up plans for a 128,000-sf extension.
NORTHBROOK, IL-Chairman and controlling stockholder C. Michael Kojaian injects $36 million into the real estate services company, providing a $4-million loan for working capital and buying out a $32-million credit facility.