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Prominent outlet mall renamed in $17M sale Credit: Courtesy of Lormax Stern Development Co. LLCThe former Tanger Factory Outlet Center in Howell has rebranded as the Kensington Valley Outlets following a $17 million sale in April. A prominent shopping center along a heavily traveled commuter route between Detroit and Lansing has sold to new ownership…

Ishbias strike deal with option to buy Chicago White Sox Credit: BloombergThe Chicago White Sox play their home games at Rate Field. Chicago White Sox owner Jerry Reinsdorf has reached a deal with Chicago billionaire Justin Ishbia that gives Ishbia the right to buy the Major League Baseball franchise in the future, with his Michigan-based…

Detroit soccer club seeks $15M to complete $50M equity raise for new stadium Credit: Larry Peplin for Crain’s Detroit BusinessThe Detroit City FC soccer teams currently play in Keyworth Stadium in Hamtramck. They are looking to build a new 15,000-seat stadum in southwest Detroit. The Detroit City FC soccer organization is looking to raise another…

New downtown Birmingham building tops out Credit: Courtesy of The Boji GroupStructural steel has topped out at the 370 Brown St. development in downtown Birmingham. The structural steel has topped out at a new $80 million mixed-use development in downtown Birmingham. The milestone is a significant step toward completing the 135,000-square-foot, four-story building at 370 Brown St. …