Deal of the Week: Mixed-use office/retail in southeastern Michigan

by Sara Havlena

November 1, 2024
8:00 am

This deal was unique because the asset is largely an office asset, which is challenging to finance. Additionally, the largest tenant in the asset, while having a credit-rated mothership, was unwilling to guarantee the lease with the mothership credit, further making the financing challenging. The 273,000-s.f. Class B property is 34 years old. More

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Sara Havlena

Havlena is the editor-in-chief of Crittenden Real Estate magazine and The Crittenden Report: Real Estate Financing, Retail Tenants Report and the Multifamily Report and their respective websites. She has been an editor with Crittenden since 2007 and worked on a variety of real estate publications during her time at the company covering a wide range of topics from restaurant expansion to real estate developers. She has been the lead reporter and editor of Crittenden’s flagship publication, The Crittenden Report, since 2011. She has a degree in Print Journalism from Cal State Fullerton, and resides in Orange County, Calif.

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Deal of the Week: Mixed-use office/retail in southeastern Michigan

Sara Havlena

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