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Demolition of Kmart HQ remains a possibility for new development

Some concepts for any redevelopment of the former Kmart Corp. headquarters in Troy still involve tearing it down. However, nothing is firmed up and any redevelopment of the existing 1.1 million-square-foot, long-vacant behemoth or new development on the 40 acres on which it sits are easily years out. In general, it’s been a high-octane recovery […]

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SIGNATURE HAS BEEN AWARDED THE REPRESENTATION OF 190,450 SQUARE FEET OF INDUSTRIAL SPACE IN TROY, MICHIGAN

SOUTHFIELD, MICHIGAN—August 1, 2019— Signature Associates has been awarded the representation of 190,450 square feet of industrial space located at 4755 Rochester Road, Troy, Michigan.   The building is in the Rochester Road Corridor which connects the industrial markets of Orion Twp., Auburn Hills, & Rochester together with the Troy, Madison Heights, & Sterling Heights […]

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SIGNATURE LEASES 15,750 SQUARE FEET OF INDUSTRIAL SPACE IN TROY, MICHIGAN

SOUTHFIELD, MICHIGAN—August 26, 2019— Signature Associates has negotiated the lease of 15,750 square feet of industrial space located at 1765 Thunderbird Drive, Troy, Michigan.   Kris Pawlowski of Signature Associates represented both the landlord, LJR Wagner Associates, LLC, and the tenant, Terminal Supply, Inc. Paul Hoge, also of Signature Associates, represented the tenant as well. […]

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Superior Electric Great Lakes Co. Opens Renovated Troy Headquarters

Troy employee-owned electrical contractor Superior Electric Great Lakes Co. last week officially opened its newly renovated, 50,000-square-foot headquarters at 1740 E. Maple Rd. More than 150 guests and employees took part in a ribbon-cutting ceremony for what the company calls one of the most advanced engineering departments of any electrical contractor in the Midwest. “This […]

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SIGNATURE HAS BEEN AWARDED THE REPRESENTATION OF 24,000 SQUARE FEET OF OFFICE SPACE IN TROY, MICHIGAN

SOUTHFIELD, MICHIGAN—April 19, 2019— Signature Associates has been awarded the representation of 24,000 square feet of office space located at 164 Indusco Court, Troy, Michigan.   Joe Banyai and Dave Miller of Signature Associates are the listing brokers representing the owner, Pantero.   About Signature Associates Signature Associates, with offices in Southfield, Detroit, Lansing, Grand […]

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SIGNATURE SELLS 14,068 SQUARE FEET OF HI-TECH SPACE IN TROY, MICHIGAN

SOUTHFIELD, MICHIGAN—April 19, 2019— Signature Associates has negotiated the sale of 14,068 square feet of hi-tech space located at 1050 E. Maple Road, Troy, Michigan.   Paul Hoge and Chris Secontine of Signature Associates represented the seller, the Kollin Family. Dave Miller and Kris Pawlowski, also of Signature Associates, represented the purchaser, Good Development Holdings, […]

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SIGNATURE HAS BEEN AWARDED THE REPRESENTATION OF 24,000 SQUARE FEET OF OFFICE SPACE IN TROY, MICHIGAN

SOUTHFIELD, MICHIGAN—April 19, 2019— Signature Associates has been awarded the representation of 24,000 square feet of office space located at 164 Indusco Court, Troy, Michigan. Two floors are available with 12,000 square feet per floor that will be finished-to-suit. This is a modern, high-end office space with a mirrored glass exterior and easy access to I-75 […]

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$224 million, 8.5-mile overhaul of I-75 in Oakland County to start next month

Construction on I-75 in Oakland County is set to ramp up again next month with an 8.5-mile overhaul as well as the state’s first carpool lane and two more interchange projects. Segment two of the nearly $2 billion I-75 Modernization Project will include redoing the freeway from Coolidge Highway to 13 Mile Road. The Michigan […]

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Florida developer seeks $107.5 million payday for City Center property in Troy

The Orlando-based developer of the Troy City Center project is trying to sell the property for $107.5 million. Unicorp National Developments Inc. is marketing the recently renovated 1979 office property plus its new parking deck and retail space at West Big Beaver and Crooks roads through Southfield-based The Jonna Group, a division of Marcus & Millichap Real […]

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SIGNATURE LEASES 16,345 SQUARE FEET OF INDUSTRIAL SPACE IN TROY, MICHIGAN

SOUTHFIELD, MICHIGAN—November 29, 2018— Signature Associates has negotiated the lease of 16,345 square feet of industrial space located at 2427 John R Road, Troy, Michigan.   Joe Banyai and Gary Stephens of Signature Associates represented the landlord, Stuart Kessler.   About Signature Associates Signature Associates (www.signatureassociates.com), with offices in Southfield, Detroit, Lansing, Grand Rapids, Muskegon, […]

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Business expansions and community projects to bring 4,000+ jobs to Michigan

Vital support for the Ford innovation hub in Detroit’s Corktown neighborhood, along with three other automotive and technology-related business expansions, a new commerce center in Hazel Park, and community revitalization projects including a significant improvement to downtown Battle Creek, was approved by the Michigan Strategic Fund board today. Overall, the MSF board approved projects expected to generate more […]

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Supplier plans $9.27 million investment, 300 new jobs in Detroit expansion

A Troy-based paint finishing system supplier plans to buy property in Detroit to expand its operations there as part of a $9.27 million investment, according to the state. Gallagher-Kaiser Corp. aims to add 300 jobs as it grows its Detroit manufacturing operations, according to a memo from the Michigan Economic Development Corp. The Michigan Strategic […]

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SIGNATURE LEASES 7,700 SQUARE FEET OF INDUSTRIAL SPACE IN TROY, MICHIGAN

SOUTHFIELD, MICHIGAN—October 26, 2018— Signature Associates has negotiated the lease of 7,700 square feet of industrial space located at 575 Robbins Drive, Troy, Michigan.   Paul Hoge of Signature Associates represented both the landlord, Kaykel Properties, LLC, and the tenant, Top Notch Party Bus and Limousine, Inc. This represents an expansion for Top Notch Party […]

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SIGNATURE SELLS 7,218 SQUARE FEET OF INDUSTRIAL SPACE IN TROY, MICHIGAN

SOUTHFIELD, MICHIGAN—October 26, 2018— Signature Associates has negotiated the sale of 7,218 square feet of industrial space located at 2071 Stephenson Highway, Troy, Michigan from Stephenson Realty, LLC.   Paul Hoge of Signature Associates represented the purchaser, Royal Oak Heating & Cooling. The acquisition is for an expansion of their operation.   About Signature Associates […]

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SIGNATURE SELLS 44,246 SQUARE FEET OF HI-TECH SPACE IN TROY, MICHIGAN

SOUTHFIELD, MICHIGAN—October 26, 2018— Signature Associates has negotiated the sale of 44,246 square feet of hi-tech space located at 1708 Northwood Drive, Troy, Michigan to Zimmer Bionet.   Paul Hoge of Signature Associates represented the seller, 1708 Northwood Drive, LLC.   About Signature Associates Signature Associates (www.signatureassociates.com), with offices in Southfield, Detroit, Lansing, Grand Rapids, […]

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Kar’s Nuts acquires Sanders as Detroit-born brands combine

Regional chocolate and caramel icon Sanders is being acquired by another Detroit-born snack maker, Kar Nut Products Co. Kar’s Nuts, an 85-year-old trail mix manufacturer based in Madison Heights, on Wednesday acquired Sanders owner Morley Candy Makers LLC. They did not disclose a purchase price or other details of the deal. Together Kar’s and Clinton […]

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Stoney River Steakhouse at Columbia Center in Troy to Open in October

Adding to what is the highest concentration of steakhouses in Michigan, J. Alexander’s Holdings Inc. today announced it will open a new Stoney River Steakhouse and Grill on Oct. 29 at 155 West Big Beaver Road (near Livernois) in the Columbia Center campus in Troy. The new restaurant, the first in Michigan, will offer seating […]

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Troy-based Automation Alley’s Trade Mission Program Reaches $1B in Total Export Sales Made by Michigan Companies

Automation Alley, a technology and manufacturing business association in Troy, Monday announced the total amount of export sales made by Michigan companies as a result of participation in its trade mission program and other trade-related activities has reached $1 billion. The program is funded by Michigan Economic Development Corp. (MEDC) and began in 2001. Its […]

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Troy’s MOTOR Information Systems Adds Data System for Tire Industry

Troy-based MOTOR Information Systems has launched MOTOR TireTech, a data delivering system for up-to-date OEM tire specifications for North American passenger cars, light duty trucks, and vans. “The tire business has become increasingly more complicated,” says Peter Largen, executive vice president, operations, at MOTOR. “With the OEMs increasing tires’ size counts, specifying varying design attributes and […]

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Emagine, Big Sean plan to open new Detroit movie theater

Emagine Entertainment Inc. and Detroit-born rapper Sean “Big Sean” Anderson are opening a new movie theater in downtown Detroit. Although the Troy-based company has not yet determined a precise location for the theater, which would also include a new music venue, it would provide a new movie option in a city where few exist. “There […]

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HAP to move Southfield operations to United Shore’s Troy building

Health Alliance Plan of Michigan will be the new occupant of the United Shore Financial Services building in Troy. The Detroit-based nonprofit health plan announced it will move 1,100 employees and contractors from its building in Southfield at 21700 Northwestern Hwy. to 1414 E. Maple Road, a building being vacated by United Shore as it moves […]

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New York City-based The Hummus and Pita Co. to Open Five Restaurants in Metro Detroit

New York City-based The Hummus and Pita Co., a Mediterranean restaurant, has announced it will be expanding to Michigan. The company says it has signed a five-unit franchise deal to open locations in Detroit, Ann Arbor, Troy, Warren, and Canton Township. The menu offers a variety of choices including Moroccan beans, Israeli couscous, pita and […]

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Emagine Entertainment appoints new CEO as theater chain looks to expand

Emagine Entertainment Inc. has appointed a new CEO as the Troy-based luxury theater chain looks to ramp up expansion. Anthony LaVerde, 38, officially started in his new role Tuesday, succeeding Emagine co-founder Paul Glantz, who will remain chairman and oversee the company’s strategic growth initiatives. Glantz hired LaVerde seven months ago as chief of staff. […]

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