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Detroit-based co-working business buys Grand Rapids building for expansion Credit: Andy Balaskovitz/Crain’s Grand Rapids BusinessDetroit-based Bamboo purchased the former UICA building in downtown Grand Rapids. Detroit-based co-working company Bamboo purchased a large downtown Grand Rapids building that had been on the market since 2020. Bamboo acquired the 39,418-square-foot, four-story former Urban Institute for Contemporary Arts…

Somerset mall owner hopes to ‘meet in the middle’ with Troy on Kmart property Credit: Brett Mountain/Crain’s Detroit BusinessKC Crain, CEO of Crain Communications Inc., interviews Nathan Forbes during the Crain’s Detroit Business Family Business Summit Thursday, May 1, at the Daxton Hotel Birmingham. The public face of the luxury Somerset Collection shopping mall and…

Auction scrapped for large Detroit office complex as potential buyer emerges Credit: Blackacre Management, LLCThe vacant Executive Office Plaza property has 613,000 square feet across an 11-story south tower and a 21-story north tower sitting on about two acres at 1200 Sixth St. in Detroit. A planned online auction of a large downtown Detroit office…

First retailer revealed in Gilbert’s Hudson’s project Credit: BedrockA view of the Hudson’s Detroit skyscraper with its exterior facade completed. The Hudson’s Detroit development’s first announced retail tenant is athletic apparel company Alo Yoga. Bedrock LLC, Dan Gilbert’s real estate company, announced the store Friday. Alo Yoga is slated to open late this summer in…