Zephyrprocess Member Username: Zephyrprocess
Post Number: 527 Registered: 08-2006
| Posted on Friday, November 09, 2007 - 10:18 am: | |
Do any forumers have recommendations for brokers or property managers who might help me identify as much as 40,000 square feet of office space in the downtown or midtown areas? There is a great deal of attractive (and attractively-priced) space being vacated by Ford in the Dearborn area; similar corporate downsizing and transitions have left much available in the Southfield/Mixing Bowl area. It's a renter's market, for sure. But I really don't know what might be competitive in the city, and would like some professional help in finding it. |
E_hemingway Member Username: E_hemingway
Post Number: 1394 Registered: 11-2004
| Posted on Friday, November 09, 2007 - 11:28 am: | |
Can't think of any brokers or property managers off the top of my head, but a possible nice space would be the office space above the old Madison Theater building in Grand Circus Park. It's the four or five-story building adjacent to the Broderick Tower at the corner of Park and Broadway. Stubhub has an office there and an Angelinas(?) restaurant is supposed to be going in the ground floor. I don't know but I would guess they would have plenty of newly refurbished office space there at competitive rates. |
Swingline Member Username: Swingline
Post Number: 939 Registered: 11-2003
| Posted on Friday, November 09, 2007 - 12:23 pm: | |
zephyr, you might want to consult Ray Parker, RFP Associates, 964-5630. He's been around downtown forever and knows what's up. Last I knew, his office was in the Michigan Building. 40k sq feet is a big number for downtown. You probably know all this, but most any building owner is going to make a sweet deal for you. Practically every building in the CBD has that much space available, but not everyone will have it on contiguous floors. (Don't think that any building in CBD has 40K sq. ft floorplates. That much space will be multi-floor.) One Woodward Ave. and Comerica Tower are the Class A options. Guardian and Penobscot are the Class B options. |
Mind_field Member Username: Mind_field
Post Number: 805 Registered: 10-2003
| Posted on Friday, November 09, 2007 - 12:56 pm: | |
so what kind of business is looking for that much space? Can you divulge any specifics? Push them towards downtown, although I'm sure anywhere in the metro area there are good bargains to be found. |
Downtownguy Member Username: Downtownguy
Post Number: 91 Registered: 07-2004
| Posted on Friday, November 09, 2007 - 1:15 pm: | |
I agree with Swingline on Ray Parker. He was promoting downtown long before it became fashionable. He'll work hard for you. |
Charlottepaul Member Username: Charlottepaul
Post Number: 2003 Registered: 10-2006
| Posted on Friday, November 09, 2007 - 2:30 pm: | |
"Don't think that any building in CBD has 40K sq. ft floorplates." Typically modern office floorplates are about 25k SF, regardless of location (CBD or suburban). The size is mainly dependent on when the building was built. |
Dabirch Member Username: Dabirch
Post Number: 2463 Registered: 06-2004
| Posted on Friday, November 09, 2007 - 2:33 pm: | |
quote:I agree with Swingline on Ray Parker And he does a mean "Ghostbusters"... |
Gnome Member Username: Gnome
Post Number: 356 Registered: 08-2007
| Posted on Friday, November 09, 2007 - 2:57 pm: | |
I went to the site below and searched "lease", "Detroit", "40000 sq ft" up popped the old Gail's Office supply on Fort. neat building, but it has 80000 sq ft http://www.colliersmn.com/prod/cclod.nsf/city/CCA7552CDCD47A70852571AB006E5FFD?OpenDocument
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Zephyrprocess Member Username: Zephyrprocess
Post Number: 528 Registered: 08-2006
| Posted on Friday, November 09, 2007 - 3:17 pm: | |
Thanks, all. I will certainly follow up with Ray Parker, and will appreciate any further contributions. Unfortunately, I am not at liberty to discuss the business right now. I can say it will include mixed office and open space (though downtown's older buildings will have less open space, I know), some IT possible--e.g., raised floor and environmental controls would be nice, but are not a necessity. I suspect that we may be too big to be one of the longer-term, stabilizing tenants that TechTown is looking for
quote:Don't think that any building in CBD has 40K sq. ft floorplates. That much space will be multi-floor A multi-floor arrangement is my expectation, though I will value proximity and contiguity between units. I hear 1001 Woodward may be available ;-) |
Detroitbill Member Username: Detroitbill
Post Number: 377 Registered: 09-2006
| Posted on Friday, November 09, 2007 - 3:41 pm: | |
was just going to suggest 1001 Woodward, prob a great lead |
Northend Member Username: Northend
Post Number: 969 Registered: 10-2005
| Posted on Friday, November 09, 2007 - 6:18 pm: | |
zephyrprocess, I am not a broker but I have the 40K sf you are looking for in the central business district. Send me an email at downtowndm at gmail.com |
Scruffy Member Username: Scruffy
Post Number: 22 Registered: 04-2007
| Posted on Saturday, November 10, 2007 - 6:02 pm: | |
Your best bet if you are trying to keep 40,000 square feet on as few floors as possible would be the Chase Tower. The floor plates are in excess of 30,000 per floor. Sterling Group recently purchased the building from Chase and is re-positioning it as a multi-tenant building. Contact Danny Samson at 313-963-1212 |
Charlottepaul Member Username: Charlottepaul
Post Number: 2068 Registered: 10-2006
| Posted on Thursday, November 29, 2007 - 7:07 pm: | |
Scruffy, why 30k floors? It's not very good having 30k on one floor and 10k on another. It would be much better to rent in a building with 20k floorplates: 20k + 20k. |
Umcs Member Username: Umcs
Post Number: 405 Registered: 06-2007
| Posted on Thursday, November 29, 2007 - 8:36 pm: | |
Fisher Building has quite a bit of space available last I checked. |
Rocket_city Member Username: Rocket_city
Post Number: 480 Registered: 04-2006
| Posted on Thursday, November 29, 2007 - 9:42 pm: | |
You mentioned Tech Town. I'm making a daring assumption that that type of environment might be attractive to your business. Just because you don't fit the "design" of business growth, doesn't mean that you may not be discouraged from the area by those who are responsible for Techtown's growth. I would still check it out even if you don't fit the incubator category. |
Michigansheik Member Username: Michigansheik
Post Number: 244 Registered: 09-2005
| Posted on Thursday, November 29, 2007 - 10:15 pm: | |
try the biericompany, they might have good commercial leads for you http://www.bieri-ames.com/home .asp |
Detroitplanner Member Username: Detroitplanner
Post Number: 1466 Registered: 04-2006
| Posted on Thursday, November 29, 2007 - 10:34 pm: | |
Gnome, that was Silvers. Gail's was down the street in the Penobscot, down the hall from Brooks Brothers. |
Deandub11 Member Username: Deandub11
Post Number: 179 Registered: 05-2006
| Posted on Thursday, November 29, 2007 - 11:49 pm: | |
My girlfriend works for a brokerage firm that is located in Chicago but does the majority of her work in the Detroit area. She has represented many large tenants in the CBD and Metro Detroit. Her name is Diane Meranski and her phone number is 312-753-7704. |
Rustic Member Username: Rustic
Post Number: 3190 Registered: 10-2003
| Posted on Friday, November 30, 2007 - 12:55 am: | |
You could sublet the AAA building ... |
Lefty2 Member Username: Lefty2
Post Number: 706 Registered: 07-2007
| Posted on Friday, November 30, 2007 - 1:13 am: | |
I would recommend Christopher J. Monsour Associate Broker / Principal Industrial Division 248.948.0107 cmonsour@signatureassociates.c om |
Zephyrprocess Member Username: Zephyrprocess
Post Number: 546 Registered: 08-2006
| Posted on Friday, November 30, 2007 - 5:23 pm: | |
Thank you all! |
Thegryphon Member Username: Thegryphon
Post Number: 11 Registered: 11-2007
| Posted on Friday, November 30, 2007 - 5:49 pm: | |
Kennedy Sq. It's new, modern, on Campus Martius, & across from Compuware. I heard about a Bloomfield Associate something something firm moving in so I do not know if there is space available --but it is one of the newest office buildings in the CBD. |
Mind_field Member Username: Mind_field
Post Number: 837 Registered: 10-2003
| Posted on Friday, November 30, 2007 - 5:55 pm: | |
That building is 100% leased. No space available. |