Farmington Hills, MI – (October 1, 2019) With the assistance of Friedman Real Estate, one of the nation’s leading providers of commercial real estate services, the City of Detroit signed a long-term lease, taking 98,615 SF of space at the two existing office buildings at 100 Mack and 100 Eliot located in the SOMA development project (South of Mack Avenue).
The nearly 7-acres of property at the southeast corner of Woodward and Mack avenues is set to include mixed-use retail space, two state-of-the-art parking structures with 500+ spots each, high-end multi-family development and the proposed 130 room West Elm Hotel, set to break ground in 2020.
“This is an amazing opportunity to bring a diverse set of offerings to all areas of the city and continue the revitalization beyond just the central business district,” said Greggory Kent, Associate, Brokerage and Tenant Services at Friedman Real Estate.
As of today, plans for both the 100 Eliot and 100 Mack property, previously home to the Red Cross Michigan Headquarters, include the development of a Townhall type campus for City of Detroit agencies including the Health Department, Department of Transportation, GSD and the most recent to sign their lease, the DESC. The space for the Health Department will undergo a complete overhaul to promote the health, well-being, safety, and resilience of all Detroiters by installing a walk-in clinic in the heart of the new vibrant mixed-use district.
“Just walking distance from the QLINE and other public transportation, [SOMA] offers endless possibilities to expand the reach of Detroit’s revitalization and connect the suburbs to downtown, creating a unique opportunity for growth,” said Robert Gagniuk, Real Estate Specialist, Client Solutions at Friedman Real Estate.
Greggort Kent, Robert Gagniuk and Steve Eisenshtadt, represented the landlord in the transaction.
About Friedman Real Estate
As one of the largest privately-held full-service commercial real estate organizations in the nation, Friedman Real Estate provides clients with a single point of contact for the full range of Advisory, Property Management, Multi-Family, Brokerage and Construction services that it offers.
Friedman manages more than 140 commercial properties encompassing more than 16M SF and more than 22,000 apartment homes throughout the United States. Friedman’s brokerage team has over 800 current listings with $10 billion in closed transactions. As owners and managers of commercial property for 30 years, Friedman understands what it takes to achieve results that maximize their clients’ objectives. Additional information is available at www.friedmanrealestate.com and on LinkedIn, Facebook, Instagram, YouTube, and Twitter.
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