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About / News / Shopping Center

Shops at CenterPoint acquired in off-market sale

Posted By: Grand Rapids Business Journal on August 12, 2022.  For more information, please click here to read the source article.   A local shopping center was sold to an unnamed buyer for $63.5 million. A fund managed by New York-based DRA Advisors, in partnership with Illinois-based real estate agency Pine Tree, acquired the Shops at CenterPoint, a […]

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Former North Towne Square site approved for redevelopment by Toledo plan commission

The Toledo City Plan Commission Thursday approved a major site plan to redevelop the former North Towne Square location for industrial use. The proposal is being designed by Mannik & Smith Group of Maumee and would include three industrial buildings totaling approximately 852,000 square-feet, according to the plan commission staff report. NorthPoint Development with an […]

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Shunned by shoppers and squeezed by online retail, iconic Detroit malls to get new lives

Eastland Center and Northland Center malls opened in the 1950s to the fanfare of Metro Detroiters looking for a suburban shopping experience. Decades and the internet later, both sites face different futures. Eastland on Vernier Road in Harper Woods will close in January, and an industrial facility will be built in its place. The former […]

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