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DETROIT-Two leases were recently signed in the Metropolitan Detroit Area, one of them involving Agree Realty Corp.’s land in Roseville, MI to Sam’s Club, a division of Wal-Mart, Inc. The site was previously leased to various tenants whose leases had expired.

Sam’s Club will raze the site of the existing buildings and construct a 135,000-sf building.

Agree owns, manages and develops neighborhood community shopping centers and single-tenant properties, leased to major retail tenants.

In Madison Heights, MI, Signature Associates-ONCOR International negotiated the lease of the 18,800-sf commercial property at 31201 Mally St. Paul Hoge, of Signature Associates brokered the deal on behalf of the C. F. Mally Trust to Universal Granite & Marble Inc. This will be the Chicago-based company’s metropolitan Detroit location.

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