dominionra

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DOMINION CLOSES TWO 10 YEAR OFFICE LEASE TRANSACTIONS TOTALING 14,178 SQ. FT.

DOMINION REPRESENTS GIRIOUX PAPPAS TRAIL ATTORNEYS IN RELOCATION TO NEW CORPORATE OFFICES IN FARMINGTON HILLS - Bingham Farms, MI (October 2024) - Eric Banks, Group President of Brokerage Services at Dominion Real Estate Advisors, LLC. (DRA) represented Giroux Pappas Trial Attorneys PLLC in a recent 10-year, 7,638 SF office lease and relocation to 31700 Middlebelt Road in Farmington Hills, MI, (“Brookfield II”). Giroux Pappas will join the Farbman Group and its affiliated companies at the property, which become their new corporate office. Giroux Pappas is a litigation firm with extensive trial experience, handling injury cases involving civil rights, medical malpractice, negligence as well as non-injury cases involving commercial disputes. The Landlord, HRFG Acquisition LLC  was represented by Lesley Gutman and Shelia Fogarty of NAI Farbman Group.

DOMINION COORDINATES A 10-YEAR LEASE IN DOWNTOWN PLYMOUTH ON BEHALF OF IRON HORSE CROSSING LLC AND SIMPLY MINDFUL COUNSELING - Bingham Farms, MI (November 2024) - Eric Banks, Group President of Brokerage Services coordinated the expansion and extension of Simply Mindful Counseling (SMC) at 340 N. Main Street, Plymouth MI (“Markham Crossings”). SMC signed a new 10-year lease and doubled its current footprint at the building to 6,540 SF. SMC is a mental health practice providing integrative and holistic psychotherapy for its patients. The tenant will join Howard Hanna Residential Realtors, Birmingham Cosmetic Surgery and Sidecar Slider Bar as key building tenants for the landlord, Iron Horse Crossing, LLC. This unique building was formerly the manufacturing home of the famous Daisy BB gun but now provides creative loft style office and hospitality space in a mixed-use downtown setting.

ABOUT DOMINION REAL ESTATE ADVISORS Dominion Real Estate Advisors (DRA) is a full service commercial real estate firm recognized nationally as a leading provider of professional commercial real estate services. DRA brings decades of experience and expertise in commercial brokerage, property and asset management, real estate advisory, construction, design, and development services. DRA is committed to bringing its clients creative, cutting-edge solutions, and providing the highest level of professional service fostering long lasting relationships based on loyalty, integrity, and trust. DRA assists corporate clients, lenders, institutions, property owners, investors, and real estate developers in achieving their real estate objectives.

For more information, please visit: LinkedIn: https://www.linkedin.com/company/dominionra Instagram: https://www.instagram.com/dominion_realestateadvisors Facebook: https://www.facebook.com/dominionra

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DOMINION REPRESENTS SELLER IN 10,400 SF INDUSTRIAL SALE IN COMMERCE TWP

Bingham Farms, MI (September 2024) - David Giltner Senior Vice President of Brokerage at Dominion Real Estate Advisors, LLC (DRA) successfully represented the Seller in a 10,400 SF Industrial building located at 3170 Walnut Lake Ct in Commerce, Michigan. The Buyer, Valleyoak One, LLC, will operate a software company that will do business as Brilliant Systems at this new location. David Wax of Burger & Company represented the purchaser.

ABOUT DOMINION REAL ESTATE ADVISORS Dominion Real Estate Advisors (DRA) is a full service commercial real estate firm recognized nationally as a leading provider of professional commercial real estate services. DRA brings decades of experience and expertise in commercial brokerage, property and asset management, real estate advisory, construction, design, and development services. DRA is committed to bringing its clients creative, cutting-edge solutions, and providing the highest level of professional service fostering long lasting relationships based on loyalty, integrity, and trust. DRA assists corporate clients, lenders, institutions, property owners, investors, and real estate developers in achieving their real estate objectives.

For more information, please visit: LinkedIn: https://www.linkedin.com/company/dominionra Instagram: https://www.instagram.com/dominion_realestateadvisors Facebook: https://www.facebook.com/dominionra

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OVERVIEW OF SELECT INDUSTRIAL REAL ESTATE MARKETS: Q2 2024

Dominion Real Estate Advisors has collaborated with the Michigan Manufacturers Association to provide its membership with ongoing updates and an overview of several major industrial real estate markets within the state of Michigan that impact members.

Please visit for full article: https://bit.ly/3Nac3Jg

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MOTOWN MUSEUM RAISES $70M, LAUNCHES CONSTRUCTION OF NEW THEATER AND EXHIBITS BUILDING

Posted by Crain’s Detroit Business | Sherri Welch | September 16, 2024

The Motown Museum on Monday said it is beginning construction of a planned new theater and exhibits building some two years after its last phase wrapped up, after raising $70 million for the expansion plan. 

The new two-story building will house the Ford Motor Company Theater, retail and immersive exhibits and Miss Lillie’s Motown Café, named after the Berry Gordy family’s in-house cook. Its lobby will be accessible from entrances on West Grand Boulevard and Ferry Street. It’s slated to open in summer 2026, the museum said. 

“This is an incredibly exciting time for this project, with the past few months being full of important design details being finalized, leading us to this special moment allowing us to now share with our Detroit community and fans and visitors from around the world when they can step inside this one-of-a-kind experiential space,” Motown Museum Chairwoman and CEO Robin Terry said in a news release.

“With our final campaign milestone within reach, our talented team of architects and construction planners are now fully executing and bringing our bold vision to life.”

C-based Perkins & Will is the museum’s architecture firm of record and Detroit-based L.S. Brinker is overseeing construction of the new building.

Construction of the two-story building behind Hitsville U.S.A., the original home of Motown Records, was delayed last year as it sought environmental approvals required after receiving a $10 million federal earmark. Earlier delays were tied to the COVID-19 pandemic and rising costs of construction, the museum said.

Costs rose an additional $10 million since January 2023 bringing the fundraising target for Motown’s three-phase expansion to its current $75 million — up from $50 million when the project was announced in 2016.

Work on the larger project began in 2019. The museum celebrated the completion of the first two phases of the project— a new educational programming and creative hub for entrepreneurship, Hitsville Next, in three nearby renovated buildings, and Rocket Plaza —in August 2022.

The main museum where the Motown greats made history continues to be housed in the Hitsville building at 2648 W. Grand Blvd.

The larger project has attracted funding from contributors including Ford Motor Co., Ballmer Group, the Vera and Joseph Dresner Foundation, Rocket Companies Inc., the Gilbert Family Foundation, W.K. Kellogg Foundation, Hudson-Webber Foundation, Kresge Foundation and Bank of America, among others.

While construction on the final phase of the initial plan is underway, Motown Museum is also developing plans for a nearby property it acquired in 2022 with part of a $5 million gift from philanthropist MacKenzie Scott.

The property at 2550 W. Grand Blvd., west of Rosa Parks Boulevard, includes a 36,000-square-foot building and a gated surface parking lot with 195 spaces that will give the museum almost all of the parking needed and possibly incorporate shuttled service to the museum, Terry told Crain’s last year.

Motown Museum is evaluating how it might best use the large building, which effectively doubles its footprint, to support what it's doing on the main campus, she said.

A spokeswoman for the museum on Monday said there is no update yet on the plans for the new building.

To read this article on Crain’s Detroit Business, visit Motown Museum starts building new theater, exhibits building | Crain's Detroit Business (crainsdetroit.com)

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DOMINION BROKERAGE TEAM RECEIVES COSTAR Q2 2024 POWER BROKER - TOP SALE AWARD

Bingham Farms, MI (September 2024) - Congratulations to the Brokerage Team at Dominion for being recognized again by CoStar Group - Power Broker Quarterly Deal Awards as recipients of another Top Sale Award (Q2 2024) for the investment sale of 1700 Atlantic Boulevard located in Auburn Hills Michigan. The property is a 121,263 SF industrial | hi-tech building located just off of I-75. At the time of sale, the building was occupied by Grupo Antolin North America who will remain in the facility for the remainder of their lease at which time the buyer, Superior Electric Great Lakes Company, plans to locate regional operations to the property. The transaction closed in April 2024. "There was robust interest in the property indicative of the ongoing demand and competitive industrial real estate market which continues to characterize Auburn Hills MI and the surrounding areas often collectively referred to as Automation Alley". Eric Banks - Group President, Andrew Boncore- SVP, and Alex Tokarz - AVP, all of Dominion represented the seller CORE BKG 1700 Atlantic LLC in the marketing and sale of the property while the buying entity and Superior Electric Great Lakes Co. (SEGLC) were represented by Chris Dowell of Newmark.

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DRA COORDINATES 67-MONTH LEASE WITH AVALON CONSULTANTS PLLC.  AT MEADOWBROOK MEDICAL CENTER IN NOVI

Bingham Farms, Michigan (August 2024) - Eric Banks, Group President and James Mitchell Vice President of Brokerage at Dominion Real Estate Advisors, LLC (DRA) represented the Landlord in a 67-month, 5,648 SF medical office lease at 25500 Meadowbrook, Novi, MI, commonly known as Meadowbrook Medical Center. The Tenant, Dr. Sarafa MD, who is the founder and chief officer of Avalon Consultants PLLC, is a family medicine physician who focuses on his commitment to excellence and patient care. Named the “2023 Health Care Hero” by Crain’s Detroit, his team will deliver high quality clinical care, aiming to treat and diagnose patients in the comfort of their homes.

ABOUT ABOUT DOMINION REAL ESTATE ADVISORS

Dominion Real Estate Advisors (DRA) is a full service commercial real estate firm recognized nationally as a leading provider of professional commercial real estate services. DRA brings decades of experience and expertise in commercial brokerage, property and asset management, real estate advisory, construction, design, and development services.

DRA is committed to bringing its clients creative, cutting-edge solutions, and providing the highest level of professional service fostering long lasting relationships based on loyalty, integrity, and trust. DRA assists corporate clients, lenders, institutions, property owners, investors, and real estate developers in achieving their real estate objectives.

For more information, please visit:

LinkedIn: https://www.linkedin.com/company/dominionra

Instagram: https://www.instagram.com/dominion_realestateadvisors

Facebook: https://www.facebook.com/dominionra

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FORMER FARMINGTON SCHOOL TO BECOME SITE FOR 53 TOWNHOMES

Posted by Crain’s Detroit Business | Nick Manesl | August 19, 2024

A long-vacant school building in downtown Farmington will be demolished and replaced by needed "missing-middle" housing. 

Demolition of the Maxfield Training Center, just north of Grand River Avenue and east of Farmington Road, began Monday. The redevelopment of the roughly 3-acre site into the $16 million Hillside Townes housing project is being led by Bloomfield Hills-based Robertson Brothers Homes.

Construction is expected to begin later this year and first units are expected to be complete by sometime next year and homes are expected to list in the mid-$300,000 range, according to a news release. 

“This empty vacant structure will be replaced with new, vibrant housing that will benefit Farmington residents for generations to come and allow more people to enjoy our energetic and engaging downtown,” Farmington Mayor Joe LaRussa said in the release.

Such infill projects, the redevelopment of dated structures in denser areas, are becoming increasingly common for builders such as Robertson Homes, particularly as large chunks of land have become harder to come by. 

“Our Robertson Brothers team is going to make Hillside Townes one of the best places to call home in Metro Detroit,” Robertson President Darian Neubecker said in the release. 

The site of the future housing development will be connected to Farmington's central business district via a pedestrian promenade, a project being led by the city. The project received a $1 million brownfield redevelopment grant from the state to help fund site assessments, transportation and disposal of contaminated soil, and demolition work, according to the release. 

The project will also result in the reconstruction of Thomas Street, where the existing school building is located, with improved water and utility infrastructure upgrades, as well as walkability and Americans With Disabilities Act improvements

State officials tout the need for missing middle housing — defined in the release as "housing types that fall between single-family homes and mid-rise apartment buildings" — are greatly needed as they can often be more affordable than single-family homes and create more density in neighborhoods. 

“Our public engagement work from last year identified housing as the most important issue facing Michigan communities,” Hilary Doe, the state's chief growth officer, said in the release. “People want great places to live and that means being able to offer affordable housing across all income levels if we want to grow our population."

To read about this deal for which Dominion Real Estate Advisors, LLC (DRA) represented the buyer, visit dominionra.com/news.php/752639946046767104

To read this article on Crain's Detroit Business, visit Maxfield Training Center site to become 'middle-market' townhomes | Crain's Detroit Business (crainsdetroit.com)

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DOMINION REPRESENTS LANDLORD IN 89-MONTH MEDICAL OFFICE LEASE AT ASCENSION PROVIDENCE MEDICAL BUILDING

Bingham Farms, MI (August 2024) -David McNabnay, SIOR and James Mitchell, both of Dominion Real Estate Advisors, LLC. (DRA) represented the Landlord, Five Points Professional Office Building, LLC, in an 89-month lease at 2251 N. Squirrel Road in Auburn Hills, MI. The Tenant, Behavioral Health Practice Services, LLC d/b/a LifeStance Health will occupy suite 320, which is a 4,810 square foot medical office space. Brandon Carnegie and Jamee Jester of CBRE represented the Tenant.  

ABOUT DOMINION REAL ESTATE ADVISORS Dominion Real Estate Advisors (DRA) is a full service commercial real estate firm recognized nationally as a leading provider of professional commercial real estate services.  DRA brings decades of experience and expertise in commercial brokerage, property and asset management, real estate advisory, construction, design, and development services.  DRA is committed to bringing its clients creative, cutting-edge solutions, and providing the highest level of professional service fostering long lasting relationships based on loyalty, integrity, and trust.  DRA assists corporate clients, lenders, institutions, property owners, investors, and real estate developers in achieving their real estate objectives.   

For more information, please visit:

LinkedIn: https://www.linkedin.com/company/dominionra

Instagram: https://www.instagram.com/dominion_realestateadvisors

Facebook: https://www.facebook.com/dominionra

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RECESSION? MOST MICHIGAN CEOS SEE STABLE ECONOMY AHEAD

Posted by Crains Detroit | David Eggert | August 7, 2024

If there's a recession coming, you wouldn't be able to tell it from Michigan CEOs' outlook.

More top executives are optimistic about the state's economy than a half-year ago and expect it to remain stable. Fewer are bullish on the U.S. economy compared with late last year, though they generally remain positive.

That's according to a survey released Wednesday by Business Leaders for Michigan, which is made up of the leaders of 90 of the state's largest companies and universities. The optimism comes amid renewed fear of a forthcoming recession, which has been a hallmark of the post-pandemic economy and proved wrong every time. In July, hiring fell sharply nationally and the U.S. unemployment rate rose for the fourth straight month. 

The survey of BLM members was conducted June 18 through July 15. 

It found that 73% thought the Michigan economy would stay about the same in the next six months, up from 53% in a December survey. Those who believed it would get worse was down to 20% from 34%. Some 7% said it would improve, a drop from 12%.

Their outlook on the U.S. economy dipped.

About 54% said it would remain about the same, down from 73%. Those answering that it would worsen, 24%, represented an increase from 14%. But the percentage who said it would get better rose 10 points, from 12% to 22%.

"Most CEOs are seeing a steady state for Michigan's economy," said Jeff Donofrio, the organization's president and CEO. 

While recent events aren't necessarily reflected in the survey, he said, the outlook likely is an indicator of broader trends such as cooling inflation, a path to an interest rate cut by the Federal Reserve, and stabilizing business costs and supply chain disruptions.

"But they also see risks to growth — whether that's changes in (the) market and just economic growth overall, especially for Michigan," Donofrio said. "Population growth, economic growth. Will they be able to grow here in the state or will they need to look to places that have better talent availability or customers that they want to serve?" 

The state's population is projected to grow slowly through 2034, 2.3%, but decline overall, 1.3%, by 2050 despite expected net positive migration. The U.S. population is forecast to rise 8% by 2050.

Donofrio cited a projection of 100,000 fewer people ages 18-65 between 2020 and 2030, risking Michigan's ability "to even just maintain the jobs that we have today."

Roughly half of survey respondents said they expected their company's revenue to increase over the next half-year and approximately a third said it would not change. Another 17% expected revenue to drop.

More than a third, 38%, reported trouble filling positions. Nearly 85% expected their real estate footprint to remain unchanged in the next six months.

To read this article on Crain’s Detroit Business, visit Michigan CEOs expect economy to be stable | Crain's Detroit Business (crainsdetroit.com)

[dominionra]

DOMINION REPRESENTS LANDLORD IN 6,041 SF INDUSTRIAL LEASE IN LIVONIA, MI

Bingham Farms, MI (July 2024) - David Giltner Senior Vice President of Brokerage at Dominion Real Estate Advisors, LLC (DRA) successfully represented the Landlord in a 6,014 SF Industrial lease at 11859 Levan Road in Livonia, Michigan. The Tenant, Diamond Technical Services is an inspection, technical services, and engineering consulting company originally based out of Detroit. Alex Timmis and Christopher D'Angelo of Signature Associates in Southfield represented the Tenant in this transaction.

ABOUT DOMINION REAL ESTATE ADVISORS

Dominion Real Estate Advisors (DRA) is a full service commercial real estate firm recognized nationally as a leading provider of professional commercial real estate services. DRA brings decades of experience and expertise in commercial brokerage, property and asset management, real estate advisory, construction, design, and development services.

DRA is committed to bringing its clients creative, cutting-edge solutions, and providing the highest level of professional service fostering long lasting relationships based on loyalty, integrity, and trust. DRA assists corporate clients, lenders, institutions, property owners, investors, and real estate developers in achieving their real estate objectives.

For more information, please visit:

LinkedIn: https://www.linkedin.com/company/dominionra

Instagram:https://www.instagram.com/dominion_realestateadvisors

Facebook: https://www.facebook.com/dominionra

[dominionra]

FANUC AMERICA UNVEILS NEW $110M ROBOTICS AND AUTOMATION CAMPUS IN AUBURN HILLS

Posted by DBusiness | Tim Keenan | July 11, 2024

Fanuc America in Auburn Hills unveiled its newly expanded, 650,000-square-foot West Campus facility on Wednesday.

The West Campus, located at 2600 Featherstone Rd., provides advanced product manufacturing and customized automation systems and includes warehouse space for more than 6,000 quick delivery robots and tens of thousands of parts.

The expansion increases the robotics company’s footprint in Michigan to more than 2 million square feet and is part of Fanuc America’s strategic investment plan to support and advance industrial automation in North America. The West Campus represents a $110 million investment built on 67 acres of land.

Fanuc America’s industry growth and customer demand have created more than 400 jobs in Michigan since 2019.

“This major expansion represents our growth strategy in the U.S. and our steadfast commitment to the future of the automation and robotics industry,” says Mike Cicco, president and CEO of Fanuc America.

“While manufacturers continue to adapt to changing market demands, our ongoing upward trajectory allows us to better support our customers with cutting-edge robotic and automation solutions, helping to drive more efficiency across all industries.”

Since 2019, Fanuc America says it has invested more than $187 million including a 461,000-square-foot North Campus facility in 2019, and new headquarters facilities in Mexico and Canada in 2023.

Fanuc America says it plans to continue investing with the renovation of a former law school on the site of the company’s West Campus that soon will become the Fanuc Academy, an advanced automation customer training center.

“Advanced automation requires new skills, and training is key to keeping manufacturing strong in North America,” Cicco says. “The Fanuc Academy will become the largest corporate robotics and industrial automation training facility in the U.S.”

After completion of the new academy and other infrastructure projects, Fanuc will have invested more than $250 million in North America.

For more information, visit https://www.fanucamerica.com/ and to read this article on DBusiness, visit Fanuc America Unveils New $110M Robotics and Automation Campus in Auburn Hills - DBusiness Magazine

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DOMINION SELLS REDEVELOPMENT SITE TO LOCAL BUSINESS OWNER IN MACOMB COUNTY

Bingham Farms, MI (July 2024) - Andrew Boncore, Senior Vice President of Brokerage at Dominion Real Estate Advisors, LLC (DRA) recently sold a 0.78 acre redevelopment site located at 56166 Van Dyke Road in Shelby Township to R & R True Investments LLC. The buyer is a well-known local business owner who plans on developing this site into a retail center to expand his already existing business. In this transaction, the Seller was represented by Boncore and the Buyer was consulted through the sale by Steven Murphy of Century 21 Campbell Realty.

ABOUT DOMINION REAL ESTATE ADVISORS

Dominion Real Estate Advisors (DRA) is a full service commercial real estate firm recognized nationally as a leading provider of professional commercial real estate services.  DRA brings decades of experience and expertise in commercial brokerage, property and asset management, real estate advisory, construction, design, and development services. 

DRA is committed to bringing its clients creative, cutting-edge solutions, and providing the highest level of professional service fostering long lasting relationships based on loyalty, integrity, and trust.  DRA assists corporate clients, lenders, institutions, property owners, investors, and real estate developers in achieving their real estate objectives. 

For more information, please visit:

LinkedIn: https://www.linkedin.com/company/dominionra

Instagram: https://www.instagram.com/dominion_realestateadvisors

Facebook: https://www.facebook.com/dominionra

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DOMINION REPRESENTS BOTH PARTIES IN A 5-YEAR MEDICAL OFFICE LEASE IN NOVI

Bingham Farms, MI (July 2024) - Eric Banks, Group President of Brokerage at Dominion Real Estate Advisors, LLC. (DRA) and James Mitchell, Vice President - Brokerage Services worked together to successfully complete a 5-year, 1,537 SF medical office lease Driven Minds Psychiatry PLLC at 25500 Meadowbrook Road in Novi, MI, commonly known as Meadowbrook Medical Center. The Tenant, Driven Minds Psychiatry, PLLC is owned and operated by Dr. Jamal Saleh who is a Board-Certified Psychiatrist specializing in prevention, diagnosis and the treatment of mental and emotional disorders. Banks and Mitchell represented both the Landlord and the Tenant in this transaction.

ABOUT DOMINION REAL ESTATE ADVISORS Dominion Real Estate Advisors (DRA) is a full service commercial real estate firm recognized nationally as a leading provider of professional commercial real estate services. DRA brings decades of experience and expertise in commercial brokerage, property and asset management, real estate advisory, construction, design, and development services. DRA is committed to bringing its clients creative, cutting-edge solutions, and providing the highest level of professional service fostering long lasting relationships based on loyalty, integrity, and trust. DRA assists corporate clients, lenders, institutions, property owners, investors, and real estate developers in achieving their real estate objectives.

For more information, please visit: LinkedIn: https://www.linkedin.com/company/dominionra Instagram: https://www.instagram.com/dominion_realestateadvisors Facebook: https://www.facebook.com/dominionra

[dominionra]

DOMINION REPRESENTS TENANT IN 5 YEAR RETAIL LEASE IN ROYAL OAK

Bingham Farms, MI (July 2024) - David Giltner, SIOR, Senior Vice President of brokerage at Dominion Real Estate Advisors LLC (DRA) represented the tenant Martin Kazan Tattoos, Inc. in a 5-year 1,581 SF retail lease in desirable Royal Oak. The property, which is located at 319 Main Street will serve as a second tattoo parlor for Kazan. David and Kevin Jappaya of KJ Commercial represented the landlord in this transaction.

ABOUT DOMINION REAL ESTATE ADVISORS

Dominion Real Estate Advisors (DRA) is a full service commercial real estate firm recognized nationally as a leading provider of professional commercial real estate services. DRA brings decades of experience and expertise in commercial brokerage, property and asset management, real estate advisory, construction, design, and development services.

DRA is committed to bringing its clients creative, cutting-edge solutions, and providing the highest level of professional service fostering long lasting relationships based on loyalty, integrity, and trust. DRA assists corporate clients, lenders, institutions, property owners, investors, and real estate developers in achieving their real estate objectives.

For more information, please visit:

LinkedIn: https://www.linkedin.com/company/dominionra

Instagram: https://www.instagram.com/dominion_realestateadvisors

Facebook: https://www.facebook.com/dominionra

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DOMINION REPRESENTS BUYER IN THE SALE A FORMER TRAINING CENTER IN FARMINGTON, MI

Bingham Farms, Michigan (May 2024) - James Mitchell, Vice President of Brokerage at Dominion Real Estate Advisors, LLC. (DRA) represented the buyer in purchasing a 58,675 SF building located at 33107 Thomas Street in Farmington, MI, also known as the Maxfield Training Center. This building, which was the former Farmington Junior High, was sold to Robertson Hillside Townes LLC in May 2024. The buyer plans to build 53 three-story townhomes on this +/- 3-acre site in downtown Farmington.

ABOUT DOMINION REAL ESTATE ADVISORS

Dominion Real Estate Advisors (DRA) is a full service commercial real estate firm recognized nationally as a leading provider of professional commercial real estate services. DRA brings decades of experience and expertise in commercial brokerage, property and asset management, real estate advisory, construction, design, and development services.

DRA is committed to bringing its clients creative, cutting-edge solutions, and providing the highest level of professional service fostering long lasting relationships based on loyalty, integrity, and trust. DRA assists corporate clients, lenders, institutions, property owners, investors, and real estate developers in achieving their real estate objectives.

For more information, please visit:

LinkedIn: https://www.linkedin.com/company/dominionra

Instagram: https://www.instagram.com/dominion_realestateadvisors

Facebook: https://www.facebook.com/dominionra

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DAVID GILTNER JOINS DOMINION REAL ESTATE ADVISORSAS SENIOR VICE PRESIDENT OF BROKERAGE AND ADVISORY SERVICES

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DOMINION REAL ESTATE ADVISORS SELLS TROPHY HI-TECH INDUSTRIAL BUILDING AT 1700 ATLANTIC BLVD., AUBURN HILLS

Bingham Farms, MI (April 2024) - Dominion Real Estate Advisors is pleased to announce the successful sale of 1700 Atlantic Boulevard in Auburn Hills, Michigan, on behalf of Burton-Katzman. The property spans approximately 121,263 square feet on 8.3 acres and sits prominently along I-75. The building is currently occupied by global automotive supplier Grupo Antolin, a supplier of automative interiors to the area automotive manufacturers. The property was sold to 1700 Atlantic Blvd., LLC and will eventually become the new HQ site for Superior Electric Great Lakes Company, a leading electrical contracting company.

The sale and interest in 1700 Atlantic Boulevard is indicative of the robust and competitive industrial real estate market that continues to characterize Auburn Hills and its surrounding areas. The Dominion brokerage team, including Eric Banks - Group President, Andrew Boncore- SVP, and Alex Tokarz - AVP, represented the seller CORE BKG 1700 Atlantic LLC (a Burton-Katzman entity) in the marketing and sale of the property while the buying entity and Superior Electric Great Lakes Co. (SEGLC) was represented by Chris Dowell of Newmark.

ABOUT DOMINION REAL ESTATE ADVISORS

Dominion Real Estate Advisors (DRA) is a full service commercial real estate firm recognized nationally as a leading provider of professional commercial real estate services. DRA brings decades of experience and expertise in commercial brokerage, property and asset management, real estate advisory, construction, design, and development services.

DRA is committed to bringing its clients creative, cutting-edge solutions, and providing the highest level of professional service fostering long lasting relationships based on loyalty, integrity, and trust. DRA assists corporate clients, lenders, institutions, property owners, investors, and real estate developers in achieving their real estate objectives.

For further commercial real estate market insights please feel free to reach out to our Dominion team for more information or questions about our services.

For more information, please visit:

LinkedIn: https://www.linkedin.com/company/dominionra

Instagram: https://www.instagram.com/dominion_realestateadvisors

Facebook: https://www.facebook.com/dominionra