Investments
Michigan Retail Development
Grand River and Drake Road, Farmington Hills, Michigan-
Property Type:
Retail Land
-
Property Size:
9.38 Acres
-
Acquisition Date:
November 2012 (Active Investment)
Deal Summary:
Frontline Real Estate Partners acquired the subject property from a financial institution. The property consists of 9.38 acres of land positioned for retail development including an existing Enterprise Rent-A-Car facility. Frontline completed a new lease with McDonald’s for one of the vacant parcels and is pursuing sales, leases, and ground leases for the remaining parcels.