CASE STUDIES

MILWAUKEE JUNCTION NEIGHBORHOOD

PORTFOLIO ACQUISITION

Overview

 

Assembled eight buildings from multiple property owners over a 24 month period. The portfolio is approximately 230,000 square feet across three continuous blocks. The portfolio contains a mix of light industrial, commercial, and residential uses. 

 

 Development highlights

 

• Executed +/- 100,000 square feet of leasing and new tenant improvements

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• Increased occupancy from 0% to 80%  

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• Rezoned entire assemblage to a Special Development District (SD2) to allow for a variety of uses, including new construction

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• Received 2016 Excellence in Real Estate Development Award from Detroit LISC

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• The portfolio is currently stabilized.