DETROIT BUSINESS MAIN 07-16

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DETROIT BUSINESS MAIN 07-16-07 A 22,23 CDB
7/12/2007
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Page 2
CRAIN’S DETROIT BUSINESS
July 16, 2007
Page 23
FOCUS: WOODWARD AT 200
Culture
Architects
66 Brian Hurtienne
The urge to create
Art community
Detroit historic architect Brian Hurtienne is pleased several
of downtown Detroit’s stately old
buildings are being renovated.
He is happy to have worked on
some of those projects, and is
looking forward
to
completing
more. But he is
still waiting to see
some standout architecture in the
city.
Think Frank
Gehry’s Guggenheim Museum Bilbao in Spain or
Santiago Calatrava’s Milwaukee Art
Museum.
“Detroit needs
something that is
not typical or just
a box. Good architecture
brings
heightened
awareness
of
things happening
in the city. It creates conversation
and causes curiosity,” he said.
Hurtienne said
the new transit
station
being
built at Michigan
and Cass avenues
downtown
broaches on interesting. It will
have
white
canopies similar
to Chene Park. But
he hopes to see
even more notable architecture. “Especially
with the new riverfront projects
being planned,” he said.
“The Ellington Lofts are nice,
but they are still a box,” Hurtienne said.
Getting interesting buildings
requires enlightened developers.
Why is Detroit architecture so
safe? “Economic and social conditions
here
make the safety
factor
more
prevalent than
in any other big
city,” he said. In
the 1950s, when
the auto industry was at its
peak,
Detroit
was an innovator in architecture with the
likes of Minoru
Yamasaki, Eero
Saarinen
and
others creating
one-of-a-kind
projects such as
Temple Beth-El
and the GM Tech
Center.
“The nails in
the coffin came
when
John
Porter designed
the Renaissance
Center, which
was just like the
three or so others he designed
before it.”
Hurtienne, 47,
an
architect
with Hamilton
Brian Hurtienne Anderson in DeHamilton Anderson troit’s Harmonie
Park since April,
opened his own
company, BVH Architecture Inc., in
the late 1990s. His firm was the
architect for the high-profile
Kales Building, an 18-story apartment building at Adams and
Park streets that cost $17 million
to renovate.
He said the beauty of the Kales
along with its underground tunnel to parking under Grand Circus
Park makes it an appealing residence. He cited parking as an important aspect to making housing
projects work. Midtown’s housing is ideal because parking is so
accessible. “People associate
safety with being able to park
next to their residence,” he said.
Moving forward, Hurtienne
had this advice: “If someone
builds on the old Hudson’s site
(on Woodward), let’s not just
make it a box.”
“The nails in the
coffin came when
John Porter designed
the Renaissance
Center, which was
just like the three or
so others he designed
before it.”
REBECCA COOK
Camilo Pardo has created a
design career from his Detroit
studio.
Crain’s has compiled a list of
emerging and established Detroit
artists to watch. The list was developed by talking to art insiders and
aficionados and through Internet
research.
One art insider said there’s a
problem with trying to name very
talented and successful Detroit
artists, because very talented
artists generally choose to leave Detroit to advance their careers. Still,
quite a few of them still hang their
hat here, at least part of the time.
Britton Tolliver: Born in Johnson City, Tenn., this painter is
based in Pontiac and is a graduate
of the Cranbrook Academy of Art. His
work has exhibited throughout the
country and Canada.
67
Lowell Boileau: Known worldwide for his “Fabulous Ruins
of Detroit” Web site, now called
detroityes.com, Boileau is a selftaught painter and Web artist.
68
Mary Kim: This Cranbrook
Academy of Art graduate and
instructor at the College for Creative
Studies is known for her colorful
sculptures and painted pieces.
69
Mike Richison: With a master
of fine arts from Cranbrook,
Richison is a printmaker, painter
and sculptor. His work has been
exhibited in Detroit and other
parts of Michigan as well as Sioux
City, Iowa, and Berlin.
70
71
Scott Hocking: (See story, this
page.)
Clint Snider: He paints primarily bleak Detroit scenes on
large pieces of wood he has found in
the city. He had an installation at
the Detroit Institute of Arts with Scott
Hocking for the city’s tricentennial.
72
Richard Lewis: Lewis was born
in 1966 in Detroit. He is a
graduate of Cass Technical High
School and earned his bachelor of
fine arts from the College of Creative Studies and a master of fine
arts from the Yale School of Art.
Lewis is a realist painter and has
taught at Oakland University, CCS
and the Yale School of Art.
73
Anita Bates: The Detroit artist
and Wayne State University instructor has described her painting
style as “abstraction steeped in
spirituality.” Her work focuses on surface and texture
in the context of decay and
ruin. She has a master of fine
arts degree from WSU and a
bachelor of arts from CCS.
74
Gilda Snowden (right):
The Detroit painter’s
work has been greatly influenced by Detroit’s urban environment, where she is
based, and her studies of
American art history. Born
in Detroit in 1954, she received bachelor of fine art,
master of art and master of
fine art degrees from WSU.
75
See Culture, Page 24
DON KUREK
Scott Hocking creates art from found objects to find ‘beauty in the city.’
Scott Hocking
ike Woodward Avenue and the city of Detroit, Detroit artist
Scott Hocking is in transition.
Known for his “found-object” art installations comprised of
items he finds on Detroit’s gritty streets and in abandoned buildings,
the 32-year-old is exploring other art forms, particularly photography.
His subject is still Detroit, only this time he is chronicling people in
their city environs. His knowledge of the city fuels his projects.
“I come from here. I have a good visual memory and have a map of
the city in my head,” he said.
Hocking’s wall-size installations of found Detroit objects were featured at the Detroit Institute of Arts during the city’s 300th anniversary
celebration. The installation comprised 400 16 inch-by-16-inch wood
boxes, each one containing a different object. He said Ernst & Young
bought an 18-box installation for its downtown office. “I’ve sold about
100 boxes,” he adds. “They have had a lot of momentum.”
He also frames some of the objects — from pieces of rusting metal to
a porthole mounted on wood.
He took a detour last year with his exhibit at the Susanne Hilberry
Gallery in Ferndale. His work consisted of colorfully painted and somewhat disfigured glass-fiber animals, which he said he did to show his
disgust for the trend of using painted animals as public art for city
streets. “They dumb down what art could be,” he said. “I also have
this compassion for animal life and wanted to bring attention to (animal cruelty).”
His giraffe in the show had a bloody gash where the tail should be to
showcase that in many African cultures giraffes are poached and
their tails are used for good-luck trinkets, fly whisks and thread for
sewing or stringing beads. In the exhibit, the tail laid on the floor in a
pool of fake blood.
Hocking, a native of Redford Township, lives and works in his studio — a nondescript brick building off Grand Boulevard, a few blocks
east of Woodward.
He’s not sure where the photography will take him or what he will
pursue next.
“I spent so many years collecting things, I don’t have the urge to
take objects so much. Now I’m taking images.”
He likes to go off the beaten trail and learn the
history of some of Detroit’s most desolate neighborhoods. He gets to know people, including the scrappers, who try to subsist by selling the materials
they take from old buildings. He finds himself in
Delray a lot. The southwest Detroit neighborhood
was once an industrial, working class area near the
Detroit River that has been struggling in recent
years.
Although he went without a car for several years,
he has one now. So he will drive it to an area and explore it on foot.
He said the city’s gentrification is affecting him.
“I feel like the city is changing in so many ways. I
can’t do what I used to do — using what is wasted. So
many places are being refurbished. Things I felt were
in abundance are not there so much.”
L
DETROIT BUSINESS MAIN 07-16-07 A 24 CDB
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July 16, 2007
CRAIN’S DETROIT BUSINESS
FOCUS: WOODWARD AT 200
Culture
■ From Page 23
76 Museum of Contemporary
Art and Design
This 22,000-square-foot museum
and performance-art space opened
in October in a former 1930s Dodge
dealership on Woodward Avenue
and Garfield in Detroit’s Midtown,
adding a strong link to Detroit’s
developing urban art scene.
“In the city in an urban situation, we wanted to have an institution devoted to the contemporary
arts, writing, design, music that
would be an important as a nexus
A hooded figure
climbs the
outside of the
Museum of
Contemporary
Art and Design.
The museum
was founded
by, among
others, Marsha
Miro, Julie
Taubman, Keith
Pomeroy and
Danialle
Karmanos.
AARON HARRIS
for our community,” said Marsha
Miro, the Museum of Contemporary
Art and Design’s acting director,
president of its board and a founding member.
Other founding members and
board members include Julie
Taubman, Keith Pomeroy, Linda
Powers, Danialle Karmanos, Cate
Strumbos, Lynn Crawford and
Burt Aaron.
“Our first show (last fall) was
work from all over the world and
Detroit,” Miro said. “I think because of the culture we live in, it is
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MOCAD is next to the developing Sugar Hill Arts District, and there
will be a path between the two. (See
related story, Page 22.)
Initially, MOCAD was going to
be a satellite of the Detroit Institute
of Arts, a few blocks north. But it
evolved into its own entity that
would support the DIA and other
nearby cultural institutions such
as the College for Creative Studies.
Earlier this year, it brought in
“Shrinking Cities,” a project by
the German government that explored the struggles of urban
cities, including Detroit.
MOCAD partnered with the
Cranbrook Art Museum to bring the
exhibit to the area. A bus took visitors from MOCAD to Cranbrook so
they could see both parts of the installation. “The suburbs and city
have this kind of separation, and it
doesn’t need to exist. That was
why this show was important to
us,” said Miro, who is a former art
critic for the Detroit Free Press.
The museum does not collect art
but rather provides exhibits, lectures, musical performances,
films, poetry and literary readings. It features the work of artists
from the Detroit area and around
the world.
Visitors also can peruse the museum store that sells specialized
art and culture magazines, journals, books, limited-edition Tshirts and other items. A cafe is
planned to open in the fall.
Detroit architect Andrew Zago
designed the museum. The exterior was painted by California graffiti artist Barry McGee. The artful
mannequin hanging from the top
of the building causes many cruising down Woodward to do a double-take.
How does Miro see the museum
evolving?
“We’ll be an established institution,” she said. “We’ll be adding
the spice and unpredictability and
great art and music to this area.
People will be able to hang out. It
will be a real cultural community.
People will have a reason to come
here on a regular basis.”
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Visitors will view art in room-like
settings.
77 Detroit Institute of Arts
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In November, the way the public
views art at the Detroit Institute of
Arts will be transformed completely.
For example, instead of just
looking at a piece of art in the
French gallery, a visitor will see a
10-minute film projected onto a
dining table to highlight the multiple-course dinner a wealthy family
might have enjoyed and how the
See Culture, Page 27
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Woodward 200
Creates Unity and Business Opportunities
This year marks the 200th Birthday of Woodward Avenue. In celebration of this historic event, the Woodward Avenue Action
Association (WA3) has planned special events that are designed for business participation. Don’t miss the opportunity for your
business to be a part of these activities:
• Register your business or organization as a food drop-off site during the 30-Day Food Drive that will be
launched at the Woodward 200 Kick-Off Event on July 19 at 10:00 a.m. at the Detroit Historical Museum. The
WA3 is partnering with Gleaners Community Food Bank for this event to help support people in need in our
communities.
• Woodward Heritage Week is scheduled for August 27 – September 3. Woodward Avenue businesses are
encouraged to take part by participating in the “Shop Woodward” program. Register your business in the
program and offer a “special” to customers with a “Shop Woodward” card.
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DETROIT BUSINESS MAIN 07-16-07 A 27 CDB
7/12/2007
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CRAIN’S DETROIT BUSINESS
July 16, 2007
Page 27
FOCUS: WOODWARD AT 200
Culture
■ From Page 24
piece of art on display would have
been used at the dinner.
Visitors will see galleries that
have been completely reorganized
to make art more meaningful. Upgrades have been made to the infrastructure, and navigation
throughout the museum has been
improved. Visitors will see simplified language, easy-to-read typography, interactive flip books and
video displays.
After undergoing a major, sixyear $158.2 million renovation and
expansion, the 1885 cultural icon
on Woodward and Kirby will reopen Nov. 10 with a gala fundraiser, followed by openings for educators, colleagues and DIA members.
Visitor research conducted by
the DIA greatly influenced a number of aspects of its reinstallation.
Panelists expressed interest in exploring why works of art were
made and how people lived with
the objects. So the DIA developed
some galleries around common,
human experiences.
“We are right now, really on the
cutting edge of visitor data when it
comes to art museums,” Graham
Beal, director, president and CEO
of the DIA, told Crain’s in May.
The Detroit Film Theatre, attached
to the museum, will continue operating during the closure.
AARON HARRIS
Ornate tilework marks the entrance to
the McGregor Public Library.
time there after school and in the
summer,” he said. The improvements so far are being done with
community block grants.
McConico said reopening the library and making all the planned
improvements will cost roughly
$1.5 million. The city hopes to get
the money partially from Gov. Jennifer Granholm’s Cities of Promise
funds, which will help with a feasibility study, and through a variety
of philanthropic organizations
such as the Bill and Melinda Gates
Foundation and other foundations.
The Urban Institute stated in its
“Making Cities Stronger” report
that libraries can have a decided
positive impact on cities’ economic activity. The report
showed ways that library programming
in early literacy,
employment services and smallbusiness development contribute to
local economic development strategies.
“This library is the
center of this city. It gives
people here a sense of pride,” Mc-
Conico said. “So we need to do
this in a measured way.”
The property was donated by Katherine
and Tracy McGregor in 1918 with the
stipulation that it
be replaced with a
new library building
bigger and
more beautiful than
the Utley Library, a
branch of the Detroit
Public Library two miles
south on Woodward.
More on the Web:
Woodward events,
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Press, Youthville, power
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78 McGregor Library
}
Highland Park’s elegant Beaux
Arts-style McGregor Library on
Woodward south of M-8 could reopen late next summer.
The library has been closed
since 2002, the year after the city
went into receivership. But the
city and a collection of nonprofits
have a plan to get it back in the
books business.
City officials say work already
has begun on the exterior of the
1926 building. It has a new roof,
and the facade will be cleaned.
Soon it will be surrounded by a
new ornamental fence.
“We’re doing the outside first
because people know the beauty of
the exterior,” Highland Park City
Attorney Bill McConico said. “We
want to get people noticing.”
In the winter, artifacts and books
will be cataloged, bound and moved
while interior repairs are made.
The library, partially hidden by
overgrown trees and bushes, has
stunning bronze doors now covered with plywood. The books and
original vintage furniture are covered in plastic. The original Highland Park Historical Museum, with
some artifacts removed, is still in
the basement. McConico said it
also will reopen.
He said the 44,000-square-foot library is too large for today’s populace. So the city is looking for ways
to use other parts of the building
for community and cultural
events. It would like an adaptive
reuse of the second floor. Highland
Park has gone from a city of 50,000
in 1959 to about 17,000 today.
“We want it to be (a) 21st century building with multi-uses so it
can pay for itself. We want to do it
right. We want our kids spending
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DETROIT BUSINESS MAIN 07-16-07 A 28 CDB
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July 16, 2007
CRAIN’S DETROIT BUSINESS
FOCUS: WOODWARD AT 200
Education/nonprofits
79 Cranbrook
estled in wooded and rolling
landscape is Cranbrook Educational Community, a cultural gem that embodies education
and the arts in a setting that is
both historic and contemporary.
Today, the Bloomfield Hills institution is blazing trails in education and the arts while always being mindful of its history that is
well-documented in its extensive
archives.
Reed Kroloff will play a major
role in shaping Cranbrook’s future
in the art world. He joins the Cranbrook Academy of Art and Art Museum
in September as its new director.
Kroloff has been dean of Tulane
University’s School of Architecture
in New Orleans since 2004. Previously, he was editor in chief of
Architecture
magazine.
Kroloff replaces
Gerhardt
Knodel, who is
retiring
after
more than 30
years.
Cranbrook’s
eye-catching
Kroloff
main entrance
off Woodward between Lone Pine
and Long Lake roads is known as
The Gateway to the Campus, designed in 1992 by former Cranbrook Academy of Art architect-inresidence Dan Hoffman along with
Ted Gallante and Juhani Pallasmaa.
The gateway is just a hint of the
architecture and sculpture on this
319-acre campus that includes a
1,600-student independent collegepreparatory school and a 150-student graduate school of art, design
and architecture. It also includes
an art museum and a museum of
science and natural history, both
open to the public.
Cranbrook was founded in the
early 1900s by George Gough
Booth, publisher of the Detroit
Evening News, (predecessor of The
Detroit News) and his wife, Ellen
Scripps Booth. Their family home,
the Albert Kahn-designed Cranbrook House and its 40-acre gardens, is open for tours and a popular spot for weddings and parties.
The campus is internationally
known for its architecturally significant buildings, many of which
were designed by renowned
Finnish architect Eliel Saarinen.
The premises have formal gardens,
natural woods, lakes and waterways. It features America’s largest
collection of outdoor Swedish sculptor Carl Milles, who was a good
friend of Eliel Saarinen.
Eliel’s son, Eero, went on to become one of America’s acclaimed
architects, designing Dulles International Airport and the St. Louis
Gateway Arch.
Cranbrook, which celebrated its
centennial in 2004, is ahead of
fundraising goals for its capital
campaign that ends in 2010, said
The love of learning
Bob Thompson and Detroit schools
With small classes and individ80 New charter schools
ual attention unheard of in even
N
Two new Detroit charter
schools — a math and science
middle school and a high school
— are planned by the Thompson
Foundation.
Grand Valley State University
has
authorized a charter for the
Detroit
schools. Capital improvements for the
schools
would
be
funded
by
the ThompThompson
son Foundation, headed by Plymouth businessman Robert Thompson.
Doug Ross, founder of the University Preparatory Academy, a K12 Grand Valley State/Thompson Foundation charter school
in Detroit, said there are discussions now between the
Thompson Foundation and the
Detroit Science Center about the
possibility of locating the middle school in the vicinity of the
science center.
“This has not gone beyond
the discussion stage,” Ross
said, adding that no discussion
has transpired on where the
high school will go.
He said the middle school is
slated to open in September
2008; the high school is scheduled to open in September 2010.
“We know the science and
math schools will go somewhere between the New Center
and the Detroit River,” Ross
said.
Rick Loewenstein, chief advancement officer of Cranbrook Educational Community. It has collected
$135 million of the $150 million
goal to be used for restoration and
preservation, capital projects, endowment and student scholarships. The school is preparing to
build a new girls’ middle school
and a boys’ middle school gym.
The founders of Cranbrook (top) were
George Gough Booth, publisher of the
Detroit Evening News, and his wife,
Ellen Scripps Booth.
The Cranbrook community is noted for
its architecture, which combines old
English-style buildings such as the one
at left with contemporary designs
such as the Science Center pictured
below. The grounds also are graced
with multiple statues and pieces of art
(above).
81 University Preparatory
Academy
University
Preparatory
Academy has what many urban
school districts long for: a 95
percent graduation rate.
University Prep, a K-12 charter school with three school
buildings within three blocks
of Woodward Avenue, graduated its first high school class in
June.
suburban schools, University Prep
sets high goals: 90 percent of ninthgraders need to graduate from
high school, and 90 percent of
those must complete college if the
school continues to lease its space
from
philanthropist
Robert
Thompson for $1 a year.
Thompson and founder Doug
Ross shared a vision for a new type
of school. The Thompson Foundation paid for construction of the
high school and elementary campus on Antoinette, three blocks
east of Woodward south of the New
Center, as well as improvements to
a middle school housed in a former
hospital building near The Detroit
Medical Center a few blocks away.
So far, the plan is working.
Of the original ninth-grade
class, 95 percent, or 128 students,
graduated in June and 85 percent
are going to a two- or four-year college. The other 15 percent are going into an apprenticeship program, which includes classes and
coursework along with a job.
“We know every child in this
school,” said Kate Brady-Medley,
co-principal along with Michelle
White. “We figure out methods for
engaging students.”
University Prep was chartered
by Grand Valley State University
and has 1,226 students who originally enrolled through a lottery.
What makes University Prep
different?
Classes are limited to 16 students. Teachers are called “advisers.” There are no grades, just narrative reports on progress.
If a student doesn’t show up for
class or indicates he or she might
be leaving school, an adviser or
principal contacts them at home.
In addition to classes, students
work on real-world projects. High
school students take advanced
placement classes on university
campuses. Internships are common.
“We do whatever it takes,” said
Shawn Hill, University Prep’s middle school principal and a former
Detroit Public Schools middle school
principal.
See Education, Page 30
PHOTO COURTESY OF UNIVERSITY PREPARATORY ACADEMY
PHOTOS COURTESY OF CRANBROOK EDUCATIONAL COMMUNITY
Doug Ross with students JaVonte Chenault and Patrick Phillip-Lewis.
DBpageAD.qxd
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DETROIT BUSINESS MAIN 07-16-07 A 30 CDB
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July 16, 2007
CRAIN’S DETROIT BUSINESS
FOCUS: WOODWARD AT 200
Education/nonprofits
■ From Page 28
82 Woodward Avenue
Action Association
Woodward Avenue may be 200
years old, but, in some ways, it
took the Woodward Avenue Action
Association to give it an identity.
The organization, which refers
to itself as WA3, was started in
1995 as a result of an economicdevelopment study by cities along
the Woodward corridor. The organization was given the task of en-
hancing and improving the visual,
economic, functional and historic
significance of the corridor
through public, private and regional partnerships.
It is at the helm of Woodward 200,
a year-long celebration of the 200th
birthday of Woodward Avenue.
The kickoff event for Woodward
200 is Thursday at the Detroit Historical Museum and is open to the public, but the signature event for the
celebration will be Aug. 19.
WA3 executive director Heather
Carmona said the plan for “Hands
Along Woodward” is for 45,000 people to volunteer to form a human
chain from the Detroit River to
Pontiac at 2 p.m. Churches along
Woodward will ring their bells,
and people are expected to hold
hands for a few minutes. The event
hopes to symbolize a city and region of strength, heritage, diversity and pride.
Those who want to participate in
the human chain can register at
www.woodwardavenue.org. Afterward, participants are encouraged
to go to Foxtown, the Michigan
State Fairgrounds, the Detroit Zoo
and Cranbrook to join other festivities. SMART buses will be on
hand to provide transportation.
Gleaners Community Food Bank,
celebrating its 30th anniversary, is
partnering with WA3 on this event
with a corridor-long food drive to
benefit people in need in Oakland
and Wayne counties.
Carmona, 38, has been WA3 director for nine years. Previously,
she worked in communications
and development for the Hope Network, a Pontiac community-based
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mental health agency. Her background is in community development and nonprofits.
83 Learning Chinese
Oakland County’s 28 school districts soon will have some form of
Mandarin Chinese culture or language in their classrooms.
Oakland Schools is working with
individual school districts on a Chinese Language and Culture Initiative
that this fall will expand the programs now offered in four districts. The expansion includes:
Teaching units and resources
to build awareness of China’s historical contributions by adding to
existing social studies curriculum
at lower grade levels.
Enrichment opportunities
bringing appreciation of Chinese
language and culture.
K-12 language programs to
build proficiency in Mandarin
Chinese.
The Chinese Language and Culture Initiative, prompted by Oakland County Executive L. Brooks
Patterson earlier this year, aims to
provide students with some knowledge of the culture and language of
China so they can more effectively
participate in the global economy.
“According to Goldman Sachs,
China’s economy will eclipse
the United States
by 2045. There’s
more
English
spoken in China
today than English spoken in
America,” Patterson said. “If
we want to be in
Patterson
the game, then
we need to get our people trained.”
In June, Oakland Schools Superintendent Vickie Markavitch,
Deputy Superintendent Tresa
Zumsteg, principals, teachers and
Oakland County officials visited
China to help develop an exchange
program. This fall, three to five
Chinese teachers who speak fluent
English will be on loan to the intermediate school district for the
school year.
Oakland Schools estimates that
programs using visiting teachers
will require only one teacher for
three to four districts, and adequate numbers of teachers will be
hired upon district confirmation
of the programs they are offering,
Oakland Schools spokesperson
Shelley Yorke Rose said.
Districts in Oakland County
that already offer Mandarin Chinese include grades 7-12 in Birmingham and in high school in
Bloomfield Hills, Novi and Troy.
Oakland Schools is working with
the Confucius Institute at Michigan
State University to set up its exchange program.
Doug Smith, Oakland County director of economic development
and community affairs, said each
teacher brought to Oakland County for the school year will cost
$30,000. “We will need to work with
the community to raise funds for
this,” he said.
DETROIT BUSINESS MAIN 07-16-07 A 31 CDB
7/13/2007
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CRAIN’S DETROIT BUSINESS
July 16, 2007
Page 31
FOCUS: WOODWARD AT 200
Finance
84 Birmingham finance firms
Birmingham has a cluster of
leading financial company offices,
fitting the city’s tony image.
Most recently, the 325 Woodward building, built on the site of a
former Jacobson’s store, landed
UBS Financial Services, Oppenheimer
and Raymond James as tenants.
These firms share the building
with a Google office and Fleming’s
Steakhouse.
Also in Birmingham are a number of venture-capital firms and independent financial firms. For instance, in January, Birminghambased Munder Capital Management
completed a management-led buyout from Comerica Inc. (See
www.crainsdetroit.com.)
85 Community Arts @
Paramount Gallery
Not too many bankers would consider hiring an architect to design an
art gallery — and
then a bank. But
that is exactly what
Paramount
Bank
president and CEO
Jeff Sugg did with
the
company’s
downtown Ferndale
branch on Woodward south of Nine
Mile (right).
“We did this to
differentiate ourselves from other
banks. Just opening
another bank gets you nowhere,”
Sugg said.
Paramount Bank has its headquarters in Farmington Hills, and
branches in Birmingham and Clinton Township. The bank was
founded in 1998.
The Ferndale bank and 1,400square-foot gallery were designed
by Ron Rea of Ron & Roman L.L.C. in
Corridor to wealth?
Birmingham. Rea also designed
the Birmingham and Farmington
Hills branches.
“When we first invested in Ferndale, we were strong believers that
Woodward Avenue is the vein that
will create a renaissance,” Sugg said.
Jim Guillaumin, Paramount
CFO, said the art gallery was an opportunity to give back to the city.
The bank invested about $800,000
in an existing building that had seen
better days. Today, it looks more
like a contemporary restaurant
than a bank. Its exterior is dark purple, and its abundance of windows
bring natural light throughout the
modern, airy interior.
“The gallery brings in customers who normally would not
come to our bank,” Sugg said. He
added that they have gained new
bank customers as a result of the
gallery and its activities. “One in
five people change their bank
every year, so there’s a 20 percent
chance they may change to us.”
The bank and gallery, which
opened a year ago, features the work
of Cranbrook Academy of Art and College for Creative Studies students and
graduates. Art changes every four to
six weeks.
Curator for the gallery is sculptor and CCS teacher Narine
Kchikian, who received an master
of fine arts in sculpture from Cranbrook in 2005 and a bachelor of fine
arts from the CCS in 1997.
86 Comerica Inc.
Comerica Inc. has come a long
way from its origins in 1849. And
sometime in the third quarter this
year, 200 managers and executives
will go a long way, too, from downtown Detroit to the bank-holding
company’s new headquarters in
Dallas, to be closer to its growth
markets of Texas, Arizona and California. The Michigan headquarters will remain at 500 Woodward.
What began as a convenience in
1979, when what was then known
as Detroit Bank & Trust began offering trust services in Florida as a
service either to customers who
had retired there or who spent
winters there, has become an engine of growth and a way to more
than offset a stagnated Michigan
economy.
In the first half of 2006, markets
outside Michigan accounted for 49
percent of Comerica’s net income
of $394 million. And when the company announced in March this
year that it would move its headquarters, nearly half of its $58 billion in assets were outside its
home state. In 2006, about 65 percent of the bank’s branches, 240,
were in Michigan, including nine
on Woodward. By 2010, the bank
projects that fewer than half of its
branches will be in Michigan.
All of which is a far cry from what
the founders of the Detroit Savings
Fund Institute had in mind when
they opened the doors on Aug. 17,
1849. The bank had its first name
change in 1871, to Detroit Savings
Bank, became the Detroit Bank in
1936, Detroit Bank & Trust in 1956,
Comerica Bank-Detroit in 1982 and
Comerica Bank in 1991. The next year
brought the merger with Manufacturers Bank, which created one of the
nation’s top 25 bank-holding companies.
— Tom Henderson
Transportation
Mass transit
could be near
BY MARTI BENEDETTI
SPECIAL TO CRAIN’S DETROIT BUSINESS
f mass transit efforts underway
succeed, in eight to 10 years
commuters might be taking a
train to their downtown jobs.
Local public-transportation advocates say a light rail or bus
rapid transit system on Woodward
is a real possibility as more
I
groups begin to rally around such
a system.
“I have to think there is a strong
likelihood that public transit along
some part or all of Woodward
could become real in eight to 10
years,” said Megan Owens, executive director of Detroit-based Transportation Riders United. Running
transit along Woodward makes the
most sense because of its existing
infrastructure, traffic volume and
population density, she said, although other corridors are under
consideration.
Owens’ organization is dedicated to improving and promoting
87 Venture capital, private
equity along Woodward
Local investors
Oracle Capital Partners L.L.C., Detroit
Founded in 2006 and managed
today by David Morris and Henry
Brandon, this
venture-capital
firm is the only
venture-capital
company in the
state to invest
exclusively in
minority-owned
businesses. Its
Morris
first deal was to
fund growth in Troy-based TAG
Holdings L.L.C.
Peninsula Capital Partners L.L.C.,
Detroit
One of Michigan’s major private-equity companies, it was
founded
by
Chairman
William Campbell and Executive Vice President
William
McKinley. Scott
Reilly is president and chief
investment offi- Reilly
cer. Peninsula invests in companies by offering subordinated, or
lower-ranked, debt to companies
seeking to expand.
Seneca Partners, Birmingham
This venturecapital
group
deals
with
health care. Its
co-founder, Rajesh
Kothari,
was
one
of
Crain’s 40 under
40 honorees in
2006. He and oth- Kothari
ers from Oakland County are
working on a regional venture
fund under the Detroit Renaissance
Inc. umbrella.
Huron Capital Partners L.L.C., Detroit
This private-equity firm buys,
overhauls and sells companies.
It recently acquired Georgiabased Stair Parts Inc., a manufacturer of custom staircase components
that became part of another Huron
portfolio company, Atlanta-based
Southern Staircase Inc. It was the
third acquisition for Huron this
year and its ninth in the past 12
months.
Strength Capital Partners L.L.C.,
Birmingham
The company invests in midmarket businesses in the Midwest
that have strong brand recognition. The venture-capital group
was founded by Mark McCammon
and Michael Bergeron. It bought
an 80 percent interest in Inland Waters Pollution Control Inc. from Anthony Soave in 2005. It bought PMS
Industrial Services last November
and financed the acquisition of DeBusk, a Texas-based firm that does
industrial cleaning and maintenance for the oil industry. Inland
L.L.C. is a holding company for Detroit-based Inland Waters, DeBusk
and Ohio-based PMS. The company manages a total of $170 million
funds as of April.
Long Point Capital, Royal Oak
Long Point Capital manages
$315 million. Its co-founders are
John Morgan, Ira Starr, Bill
Ughetta and Gerry Boylan. It typically buys a controlling interest in
successful companies, generally
with revenue between $50 million
and $200 million, that need capital
for an acquisition or other growth
or when an owner might want to
liquidate equity. Long Point’s second fund is 60 percent funded by
institutions, including Comerica
Bank, National City Bank, the state of
Michigan pension fund and GMAC,
Boylan said. It has already invested $45 million of the second fund in
three companies and has letters of
intent for two more for $30 million.
New ways of moving
transportation access and mobility in the Detroit area. She works
with the Detroit Department of
Transportation and the Suburban Mobility Authority for Regional Transportation. “Now
DDOT and SMART is used primarily by seniors, people with disabilities and a low-income group,” she
said. “We’d like people with other
options to choose it. And with
more happening downtown, those
people can use it.”
88
89
Drilling for data
DDOT has a recently completed
study that is meant to serve as the
basis for federal funding requests.
The study follows guidelines set by
the Federal Transit Administration
“New Starts” program.
The public had an opportunity
in March to share its opinion on
five corridors under consideration
for rapid transit. Woodward was
voted No. 1.
If DDOT is accepted into the federal program, construction could
start by 2010, DDOT director Norman White states in the report.
The report states that the “New
Starts” program would pay 50 percent to 60 percent of the construc-
tion costs with the balance coming
from nonfederal sources such as
local and state funding. Maintenance of the system would be paid
for with transit fares.
But fares, historically, do not
cover all the costs associated with
operating a system, said Dick
Blouse, CEO of the Detroit Regional
Chamber and executive director of
the One D coalition, composed of
six leading civic groups.
When the Southeast Michigan
Council of Governments was exploring transit several years ago, it determined a cost of $300 million anSee Transportation, Page 32
DETROIT BUSINESS MAIN 07-16-07 A 32 CDB
7/13/2007
12:00 PM
Page 1
Page 32
July 16, 2007
CRAIN’S DETROIT BUSINESS
FOCUS: WOODWARD AT 200
Transportation
■ From Page 31
nually to operate a transit system. So in addition to fares, additional funding would be needed,
which could be challenging to
find, Blouse said.
Still, Blouse said mass transit
is a top priority for One D. “To be
a world-class city, we have to
have a regional transit system. The first
step is getting
all the players
together, from
TRU to SEMCOG to (masstransit advocate)
John
Hertel, and coBlouse
ordinating efforts to come up with a game
plan.”
“Unfortunately, we are years
away,” he said.
Blouse said the area would
have good ridership if it had a totally integrated system that stops
in the city and suburbs every 20 to
30 minutes. “We have to build it
like a spoke, and we don’t want to
have any communities opt out.”
Selling the plan
head of Detroit Re90 Hertel,
gional Mass Transit, is a third
of the way into taking the pulse is a tremendous desire for mass
of the communities that would transit, people think it will never
need to sign off on a plan. He is come to pass. My attitude is, it is
gathering political opinion and a necessity now.
support from 132 mayors and suHe added that the Detroit area
pervisors in Wayne, Oakland is far behind other cities. Out of
and Macomb communities, and the top 19 U.S. cities that already
is expected to subhave mass transit, nine
mit a plan in a year
of them are less dense
to Detroit Mayor
than Detroit.
Kwame Kilpatrick,
“Even smaller cities
Wayne County Execlike Kenosha, Wisconutive Bob Ficano,
sin, and Little Rock,
Oakland County ExArkansas, have it (mass
ecutive L. Brooks
transit),” Hertel said.
Patterson and MaBut he hopes since so
comb County Commany have come before
mission Chairman
Detroit, it can learn from
William
Crouchother cities’ successes
man.
and failures.
Hertel said he has
“The most important
been asking municithing that comes besides
pal leaders about
John Hertel the transit is the positive
their
community
Detroit Regional impact it has on attractmass-transit needs,
Mass Transit ing private investment
community and resiand development. For
dent support, and
every dollar spent on
preferred routes and
mass transit, $8.50 is spent on insystems.
“So far, I’ve seen tremendous vestment,” Hertel said.
interest and positive attitude toward mass transit,” Hertel said.
He said the most difficult part
Meanwhile, SEMCOG, along
of his job is overcoming the “unfortunate belief that while there with Amtrak, hopes it can begin
“For every
dollar spent
on mass
transit,
$8.50 is
spent on
investment.”
Railroad tie
offering more frequent train
runs between Ann Arbor and Detroit’s New Center Station on
Woodward Avenue. SEMCOG is
negotiating with the three railroad companies — Norfolk Southern, Canadian National and Conrail
— that co-own the rails between
Chicago and Pontiac.
“We hope negotiations with
the railroads will be done in a
couple months,” SEMCOG Director Carmine Palombo said.
“We’d like to start this service
sometime next year.”
Currently, there are three Amtrak round trips daily from Pontiac to Chicago, including stops in
Detroit and Ann Arbor. Palombo
said he has a strong buy-in from
Gov. Jennifer Granholm on down
to make the service a reality.
“Woodward Avenue is probably the densest corridor we have
in the region and could support,
without any doubt, light rail,”
Palombo said, adding that cost
and political acceptability might
hold it up.
The New Center Amtrak station’s location on Woodward, for
example, makes it a natural to
connect with a light rail system
on Woodward, he said.
WOODWARD AVENUE GETS
SIGNIFICANT REWARD
Woodward Avenue has received
federal funds and is expected to reap
significant rewards from its National
Byway designation from the Federal
Highway Administration.
Studies indicate that roadways
designated as America’s Byways
produce the following economic
benefits:
■ An increase of about 1 million
visitors a year.
■ Additional visitors will spend
approximate $225 million while
visiting the byway.
■ Almost 7,000 jobs will be created
as a result of the increase in visitors.
■ An increase in $13.5 million
annually will be generated in tax
revenue from visitors’ purchases.
Locally, byway funds also will go
toward the Woodward Tribute Project,
which will install 30-foot-tall totems on
historically significant spots on
Woodward. “Ferndale is optimistic it
will install the first one by the fall,”
Woodward Avenue Action Association
Executive Director Heather Carmona
said. “We are working with the various
cities along Woodward on this.”
DBpageAD.qxd
7/10/2007
10:31 AM
Page 1
A Scout Salute to our Sponsors...
Ninety-seven years ago, the Boy Scouts of America was founded on the premise of teaching boys moral and ethical
values through an outdoor program that challenges and teaches them respect for nature, one another, and themselves.
In collaboration with 710 community, civic and religious organizations, today the Detroit Area Council, Boy Scouts
of America serves over 60,000 youth through 11,088 adult volunteers. Scouting has always represented the best in
community, leadership, and service.
It is in the spirit of this founding premise that we thank the sponsors listed below for their recent support of the 2007
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2008 Golf Classic, contact Chuck Lang at 313-361-1250 or clang@dacbsa.org.
3 Dimensional Services
Addison Graphic Solutions
Advanced Composites
Advanta Industries, Inc.
Alex Products
All Rite Spring Company
Allegiant Global Services, LLC
Amerigon
Autoliv
Automation & Control Technologies
BAE Industries, Inc.
Bend All Automotive
Brown Corporation
Canadian General Tower
CB Richard Ellis
CBRE Real Estate Services, Inc.
Center Manufacturing
CNI, Inc.
Comau Pico
Creative Foam
Departure Travel Management
DF Burnham & Co.
Dirksen Screw Products
Diskomp Computer
DispenseSource, Inc.
Diversity Products
E & R Industrial Sales, Inc.
Eagle Ottawa, LLC
Enterprise Rent-A-Car
Fastenal Company
Feintool North America
Foamex Automotive
Four-Way Tool and Die, Inc.
Gonzalez Design
Grand Rapids Controls, LLC
GW Plastics
H H Schultz Company
H L Tool Company, Inc.
Hawk Plastics
Hellmann Network, Inc.
HI Tech Mold & Engineering
Highland Industry
Hope Global of Detroit
Infor
Intrex
Janesville Acoustics
Jay Industries Incorporated
Jemison Demsey Metals
Kenwal Steel
Kern Liebers USA
KMT Robotic Solutions, Inc.
KOA Speer Electronics
Kongsberg
Latcha & Associates
Lear ESD
Lear SSD
Leggett & Platt, (2)
Motion Industries, Inc.
New Dimension
New Technology Steel
Ontario Die International
Osiris Innovations Group
Pacer Global Logistics
Parthenon Metal Works
PDQ Tool & Stamping
Pepro Group
Peterson Spring
Plastic Systems, LLC
Polyone
Port City Metal Products
ProTrans International, Inc.
Radar Industries
Raggio & Dinnin P.C.
RCO Engineering
Ryder
Safety Today
Saginaw Pattern
Shapero, Jean
Shawmut Corporation
Sherwin Williams
Sierra Plastics
Spartech Polycom
Special Devices
Sprint Nextel
Sureway Die Designs
Sureway Products
7DNDWD,QÀDWRU*URXS
Talhin/T Sales Corp
Toyo Seat
Transportation Services, Inc.
TriStar Plastics
Unique Fabricating
Unique Molded Products
Wesco Distribution
W.E.T. Corporation
Woodbridge Group
Xpedex
DETROIT BUSINESS MAIN 07-16-07 A 34 CDB
7/13/2007
12:02 PM
Page 1
Page 34
July 16, 2007
C RAIN’ S DETROIT BUSINESS
CRAIN'S LIST: LARGEST COMMERCIAL AND INDUSTRIAL BROKERS Ranked by sales and leases
Rank
1.
2.
3.
Company
Address
phone; Web site
top executive
Total sq. ft.
sold or
leased
2006
Total sq. ft.
leased/
sold
2006
Total sq. ft.
leased/
sold
2005
Total number
of lease/
sales
transactions
2006
Total lease/
sale transaction
volume
2006
Number of
agents
locally/
nationwide
January 2007
CB Richard Ellis Inc. B
30,659,564
13,698,452
16,961,112
4,261,076
12,869,603
463
85
$268,841,272
$1,153,164,716
53
3,000
Sales: Home Properties Portfolio, metro Detroit, 5,028
apartment units; Troy Officentre, Troy, 728,000 sq. ft.;
Tank Plant, Warren, 408,096 sq. ft.; Village Green of Troy,
Troy, 153,312 sq. ft. Leases: Visteon, 1 Kennedy Square,
Detroit, 108,000 sq. ft.
340,274,448
366,220,392
43
1,948
Sales: 39000 Seven Mile Road, Livonia, 290,000 sq. ft.;
31440 Northwestern, Farmington Hills, 225,000 sq. ft.
Leases: 36663 Van Born, Romulus, 507,550 sq. ft.; 12601
Southfield Road, Detroit, 480,000 sq. ft.; 24400 Plymouth
Road, Redford, 226,548 sq. ft.
1000 Town Center, Suite 2300, Southfield 48075
(248) 353-5400; www.cbre.com
Michael Gerard, managing director
Signature Associates, A Cushman & Wakefield
Alliance Member
Marcus & Millichap Real Estate Investment
Services
637
221
145,200,384
289,971,567
20
1,284
Sales: Wilder Road, Bay City, 327,000 sq. ft.; Mullin
Road, Warren, 182,800 sq. ft.; Hoover Road, Warren,
108,000 sq. ft.; Lease: Industrial Drive, Hillsdale, 105,287
sq. ft.; Fifteen Mile, Sterling Heights, 51,285 sq. ft.
10,394,014
6,471,262
3,922,752
4,588,510
3,481,890
392
117
130,435,918
189,189,633
50
1,571
NA
9,013,176
5,020,966
3,992,210
5,985,243
3,153,758
285
88
135,368,273
257,669,290
30
1,712
Sales: build-to-suit, Novi, 187,000 sq. ft.; 4405
Continental Drive, Flint, 69,840 sq. ft.; 9075 Haggerty,
Plymouth, 414,700 sq. ft.; 12900 Huron River Drive,
Romulus, 346,000 sq. ft.; 3281 County Road, Frankfurt,
Ind., 200,000 sq. ft.
6,404,378
2,222,334
4,182,044
2,374,118
4,061,319
458
69
128,751,030
103,635,864
41
41
Sales: 1846 Stadium Place Apartments, Ann Arbor;
Lakeview Apartments and Condominiums, Kalamazoo;
28800 Orchard Lake Road Lease: 800 N. Tower Drive,
Troy; 6530 Farmington Road, West Bloomfield
5,520,000
2,520,000
3,000,000
2,100,000
4,100,000
295
41
200,000,000
150,000,000
25
5,000
2,590,327
1,046,554
1,543,773
2,041,644
1,120,518
NA
NA
NA
NA
8
8
1,743,700
0
1,743,700
0
1,100,859
NA
30
NA
89,679,000
6
NA
Sales: Wilow Park, Southfield, 203 units, $7,250,000;
Riversedge Apartments, Ypsilanti, 162 units, $7,150,000;
Lincolnbriar Apartments, Oak Park, 120 units,
$7,250,000; Bayshore Village Apartments, New
Baltimore, 162 units, $6,250,000; French Quarters
Apartments, Detroit, 476 units, $5,000,000
1,419,648
953,622
466,026
457,400
313,600
126
37
23,728,994
33,865,100
16
16
Sales: Ann Arbor Road, Plymouth, 6,782,000 sq. ft.; Oak
Valley, Ann Arbor, 3,627,800 sq. ft.; S. Huron, Ypsilanti,
3,150,000 sq. ft.; Miller Road, Flint, 2,250,000 sq. ft.;
Carpenter Road, Ypsilanti, 2,100,000 sq. ft.
1,025,558
759,196
266,362
641,574
300,947
91
21
14,200,000
10,050,000
8
NA
Sales: Telegraph, Southfield, 88,000 sq. ft.; Middlebelt,
Romulus, 19,000 sq. ft.; Northend, Oak Park35,000 sq. ft.;
Woodland in Huron Township., 24.25 acres Lease:
Northline Commerce, Taylor, 161,200 sq. ft.
522,140
210,140
312,000
153,341
0
23
1
25,237,738
15,500,000
2
240
Leases: Fiserv, 45,730 sq. ft.; Cingular, 36,028 sq. ft.;
Merrill Lynch, 33,959 sq. ft.; Gordon Advisors, 15,933 sq.
ft.; ELMOS, 12,472 sq. ft.
441,555
431,890
9,665
594,043
94,450
38
2
NA
NA
5
1,400
313,008
263,008
50,000
365,362
0
53
3
0
NA
6
6
Sales: THC, 45,000 sq. ft. Leases: Green Path, 32,995 sq.
ft.; AeroTech Inc., 19,117 sq. ft.; Virchow Krause & Co.,
16,769 sq. ft.
303,297
303,297
0
433,565
0
43
0
37,912,125
NA
2
2
Leases: Fifth Third Bank, 105,041 sq. ft.; Semperian,
20,486 sq. ft.; Sun Microsystems, 25,995 sq. ft.; Bravata
Holdings, 14,200 sq. ft.; Ciber, 11,614 sq. ft.
244,087
166,496
77,591
NA
NA
38
3
10,111,485
5,700,000
10
10
Sales:35150-35360 Nankin, Westland, 43,195 sq. ft.;
21000 Coolidge, Oak Park, 25,374 sf; Leases: Great Lakes
Woodworking, 24102 Wahl, Warren; Waveform
Technologies, 319 Executive Drive, Troy, 17,904 sq. ft.;
Continental Structural Plastics, 755 W. Big Beaver, Troy;
15,456 sq. ft.; Gestamp NA, 2701 Troy Center Drive,
Troy, 11,696 sq. ft.; The Variable Annuity Life Insurance
Co., 2701 Cambridge Ct., Troy, 9,822 sq. ft.
5700 Crooks Road, Suite 400, Troy 48098
(248) 879-7777; www.haymancompany.com
Stephen Hayman, president
2000 Town Center, Suite 350, Southfield 48075
(248) 350-2222; www.southfieldtowncenter.com
William Pankhurst, leasing manager
CORE Partners
17.
3,343,515
3,941,647
3000 Town Center, Suite 2222, Southfield 48075
(248) 356-5600; www.staubach.com
George Elliot, managing principal, Great Lakes Region
Pankhurst Properties Inc.
16.
4,826,097
5,737,388
32255 Northwestern Highway, Suite 206, Farmington Hills
48334
(248) 932-2840; transwestern.net
William Harvey, senior vice president
The Hayman Co.
15.
10,563,485
24701 Halsted Road, Farmington Hills 48335
(248) 615-6000; www.burgereaston.com
Paul Burger, president
The Staubach Co., Great Lakes Region
14.
Sales: 28405 Van Dyke Ave., Warren, 200,000 sq. ft.;
3165 Washtenaw, Ann Arbor, 125,566 sq. ft.; 3300
University Drive, Auburn Hills, 114,000 sq. ft.; 3550
Green Court, Ann Arbor, 90,205 sq. ft.; 2350-2500 Meijer
Drive, Troy, $12,600,000
208 E. Washington, Ann Arbor 48104
(734) 663-0501; www.swishercommercial.com
John Swisher III, chairman
Transwestern
13.
39
1,200
6421-6443 Inkster Road, Suite 200, Bloomfield Hills 48301
(248) 932-0300; www.incomepropertyorganization.com
Gregory Coulter, managing member
Burger Easton & Co.
12.
0
849,273,618
28411 Northwestern Highway, Suite 1250, Southfield 48034
(248) 354-4470; www.equiscorp.com
Brian Piergentili, executive vice president
Swisher Commercial
11.
0
186
28400 Northwestern Highway, fourth floor, Southfield 48034
(248) 353-0500; www.farbman.com
Andrew Farbman, CEO and co-president
Income Property Organization
10.
0
11,879,619
34975 W. 12 Mile Road, Farmington Hills 48331
(248) 324-2000; www.friedmanrealestate.com
David Friedman, CEO and president
Equis
9.
0
14,725,805
26555 Evergreen, Suite 500, Southfield 48076
(248) 350-9500; www.grubb-ellis.com
Fred Liesveld, executive vice president and managing director
NAI Farbman
8.
790
285
14,725,805
2 Corporate Drive, Suite 300, Southfield 48076
(248) 540-1000; www.colliers.com/detroit
Leo Tosto, managing partner and director, Cameron
McCausland, director of brokerage services
Friedman Real Estate Group Inc.
7.
11,496,495
14,052,135
■ Most sale and lease transactions.
2301 W.Big Beaver Road, Suite 625, Troy 48084-3329
(248) 637-9700; www.Lmcap.com
Mason L. Capitani and Jason Capitani, executive vice presidents
Grubb & Ellis Co.
6.
14,525,865
11,888,465
28411 Northwestern Highway, Suite 750, Southfield 48034
(248) 415-2600; www.marcusmillichap.com
Steve Chaben, first vice president, regional manager
Colliers International
5.
26,414,330
1 Towne Square, Suite 1200, Southfield 48076
(248) 948-9000; www.signatureassociates.com
Steven Gordon, president
L. Mason Capitani TCN Worldwide
4.
■ Acquired Trammell Crow Co. in December 2006.
26622 Woodward, Suite 250, Royal Oak 48067
(248) 399-9999; www.corepartners.net
Barbara Eaton, CEO
Top deals
Sales: Bingham Office Center, Bingham Farms, 522,000
sq. ft. Leases: Technicolor, Detroit, 480,000 sq. ft.; City of
Detroit, Detroit, 175,000 sq. ft.; Henry Ford Health
Systems, West Bloomfield, 37,562 sq. ft.; Comcast Cable,
Bingham Farms, 36,082 sq. ft.
NA
NA
This list of leading commercial and industrial brokers is an approximate compilation of the largest such brokers in Wayne, Oakland, Macomb, Washtenaw and Livingston counties. It is not a complete listing but the most comprehensive available. Information was
provided by the brokers.
B Acquired Trammell Crow Co. in December 2006.
LIST RESEARCHED BY ANNE MARKS AND JOANNE SCHARICH
DBpageAD.qxd
7/11/2007
2:46 PM
Page 1
2007
A big part of our business
is the company we keep.
We’d like to thank our partners in the professional
Broker community for helping us to build REDICO.
Beale Group, Inc | The Bieri Company | CB Richard Ellis | Colliers International |
CORE Partners | Equis | Farbman NAI | Fisher Commercial Properties | Friedman Real
Estate Group | The Gottesman Group | Grubb & Ellis | GVA Strategis | Howard Schwartz
Commercial Real Estate | L. Mason Capitani | LaKritz-Weber & Company | Landmark
Commercial Real Estate | Lee & Associates | Lormax Properties | Ludwig & Seeley |
Matrix Realty | Newmark Knight Frank | Signature Associates | Source Real Estate
and Investment Company | The Staubach Company | Stokas Realty Advisors | Studley
Together, we have made the REDICO name a
trusted symbol of excellence.
®
Building the Best in Real Estate
TM
248 827 1700
PROUD RECIPIENT OF THE CEL NATIONAL REAL ESTATE “A LIST” AWARD FOR SERVICE EXCELLENCE
Page 36
July 16, 2007
CRAIN’S DETROIT BUSINESS
CRAIN’S CLASSIFIED
Call Us For
Personalized Service:
(313) 446-6068
Confidential Reply Boxes Available
See Crainsdetroit.com/Classifieds
for more classified advertisements
See our Classified ads on www.crainsdetroit.com
FAX: (313) 446-1757
E-MAIL: cdbclass@crain.com
INTERNET: www.crainsdetroit.com/classifieds
MAIL: Classified Advertising, Crain’s Detroit Business,
1155 Gratiot Ave., Detroit, MI 48207-2997.
Include name, company, address and phone number.
PAYMENT: All classified ads must be prepaid.
Checks, money order or Crain’s credit approval
accepted. Credit cards accepted.
CLOSING TIMES: Monday 3 p.m.,
one week prior to publication date.
Please call us for holiday closing times.
CRAIN’S REAL ESTATE
FINANCIAL SERVICES
COMMERCIAL PROPERTIES
Commercial Development Properties
• Rochester downtown 3.5 acres
• Oxford downtown 21,000 Sq Ft building site
• Lake Orion 2 acres M-24 / Lakefront
• Almont 16 acres. Call (248) 821-0752 for details.
WE BUY SHOPPING CENTERS
We are principals who can close quickly.
Call David at Next Realty 847-881-2007
or email: dworth@nextrealty.com
Brokers Protected
INDUSTRIAL PROPERTY
NOW
NOW LEASING
LEASING
*UP TO 528,000 SqFt AVAILABLE*
FOR S A L E
46495 Humboldt Dr.
ANNOUNCEMENTS &
SERVICES
FINANCIAL SERVICES
Need Quickbooks to do more for you?
Quickbooks is our specialty.
Optimum Systems 248.379.1500
Systems & Financial Analysis
INVESTMENT OPPORTUNITIES
24400-24500 Glendale Road • Redford • Michigan
Novi, MI
FINANCING PARTNER NEEDED
for fitness training franchise. $130,000-$150,000.
Will pay 12%-15% interest.
(586) 709-4331
•Newer High Image Building
•Easily Accessible to I-96, I-275 and I-696
•Includes Additional Land
•Close to New Novi Expo Center and
Twelve Oaks Mall
•Two Truckwells with Levelers
FRANCHISE OPPORTUNITIES
For More Info Please Contact:
Need a Loan Quick?
Phil Konopitski
Loans from $100,000 to $25 million.
Commercial/Residential,
foreclosure welcome.
Hard Equity Loans, Fast/Easy
248.324.2000
INDUSTRIAL PROPERTY
FOR LEASE
DEARBORN, MICHIGAN
60,000 sq. ft. Building, 4,000 sq. ft. Office
Sprinklered / 6 Truck Docks
LITIGATION FEES TOO HIGH?
The experienced Trial Attorneys
TURNER AND TURNER, P.C.
May take your case for a
Contingent/hybrid based fee
800-TURNER-0
www.turnerandturner.com
313-506-0534
4,000 to 100,000 sq. ft.
Also 10,000 & 25,000 sq. ft.
Free Standing Bldgs w/truckwells.
1 Mile from Metro Airport
BUSINESSES FOR SALE
Profitable Business
Take over this unique after-school/evng
enrichment prog for children & adults.
350k rev, 150k net. Trained staff in place.
Numerous growth opportunities.
Email: bizmyway@yahoo.com
EQUIPMENT &
MERCHANDISE
REA CONSTRUCTION
(734) 946-8730
Also Heavy Industrial
Land Available
www.reaconstruction.net
MISCELLANEOUS
Large inventory of Viking Appliances for sale.
Need to liquidate
(248) 568 3077
One or more investors, purchase and/or donate fine
motor yacht to non-profit for tax write off on full
surveyed value. Must sell- $149,000 - 46.6’
twin diesels. Ph (586) 264-1845
FOR LEASE
DEARBORN, MICHIGAN
7,500 sq. ft. Repair Facility
With large fenced yard
OFFICE FURNITURE
MUST SELL, OFFICE CLOSED
Desks $99, Chairs $39, Files $49, Partitions $50,
Lateral Files $99, Cubicles, Office Phone Systems
Call (248) 548-6404 or (248) 474-3375.
313-506-0534
Certified Minority Distribution Company looking for
investor/s, partners, M&A Opportunity, etc. Company
has a GSA Schedule, Hub Zone Certification, State of
Michigan DBE Certification, along with numerous others. The company sells hand tools, some safety,
electrical, paint and other MRO items. Please send all
inquires to mbesale@hotmail.com.
www.friedmanrealestate.com
INVESTMENT PROPERTY
OFFICE SPACE
ATTENTION REAL ESTATE INVESTORS Prime 9,500 S.F. multi-tenant office / retail building
for sale. Views of Lake Charlevoix in Boyne City, MI.
Available space for owner occupant. $995,000
(248) 539- 3332 Brokers Protected.
WOODWARD - MAPLE/BIRMINGHAM
Huntington Bank Bldg. 2,600 sq. ft. for lease on 1st
fl., marble reception area, mahogany offices. Also,
3rd fl., 3,000 sq. ft. Class A Bldg. Broker 1-248-642-4488
OFFICE BUILDING
s
8 month
ents for
o paym
make n
d
n
a
DAY
ACT TO
FOR SALE OR LEASE
LUCENT . . . AVAYA. . . PARTNER. . .
MAGIX. . . VOIP. . .LEGEND . . .
MERLIN. . .SPIRIT Systems/Parts New/refurbished.
Omnicall Equipment Corp. (248) 848-9282
WE HAVE USED PHONES
Nortel, Lucent, phone systems. Almost any new or
used phone available. Expert installation available.
Call (248)548-6404
CLINTON TOWNSHIP, MI
* 23,408 SF Office Building
* Expandable-Situated on 3.82 Acres
*Excellent Opportunity for
Medical Conversion, School Use or
Meeting Hall
*Located Seconds from I-94
For More Information, Contact:
Al Iafrate
248-637-9700
www.Lmcap.com
South Genesee’s Premier Warehouse
Available Space:
45,000 SF with Rail
The
99,200 SF
best for
64,000 SF
less!
111,800 SF
or 275,000 SF Contiguous
Catellus Group, LLC
810-695-7700
Crain’s Classifieds Gets Results
Office/Condos Available
Excellent visibility, Excellent traffic
counts and Three great locations in
Ferndale and Walled Lake
1533-1671 sq.ft.
Starting in the low 200’s
810-923-4964
VACANT LAND
DEARBORN HEIGHTS - 4.8 acres available. Zoned
for 18 homes. Best area in DEARBORN HEIGHTS,
near Cabri Lane. Tax benefits possible.
Call agent (734) 604 6222
TELECOMMUNICATIONS
INVESTMENT OPPORTUNITIES
248.324.2000
AVAILABLE NOW
BUSINESS &
INVESTMENTS
COMPLETE SHOP- turnkey, 4 large CNC machines,
cad room, $85K, low overhead,
(586) 431 2252
David Friedman
50’ x 60’ Bay Sizes
24’ Clear Ceiling Height
Fully Sprinklered
37 Exterior Truck Doors & 7 Interior Docks
CSX Interior Rail
On-Site Trailer Storage Available
Located Just 1/2 Mile South of I-96/Jeffries
Freeway at Telegraph & Glendale Roads
www.friedmanrealestate.com
LEGAL SERVICES
ARE YOU LOOKING FOR A SIMPLER LIFE? Growing business in a small town near Traverse City. Eat,
drink & be merry in small town America. Reply to:
Box# 10043 CDB,1155 Gratiot, Detroit, MI 48207
For More Information, Please Call
34975 W Twelve Mile Rd
Farmington Hills, MI 48331
Call David Blatt, Blatt Financial LLC.
(248) 594 - 0100 - dblatt@comcast.net
Well Established Oakland County Coin Laundry
(since 1970) Nice Building and Property.
(248) 310 - 0662.
•
•
•
•
•
•
•
OFFICE SPACE
ROYAL OAK - ELEVEN MILE NEAR I-75
Offices from 75 sq ft to 330 sq ft for $1.50 per sq ft.
Rent includes use of large conference room, and access to kitchen. Parking no problem. Cable internet
available, desks available, no charge.
Call Carl (248) 584-1808
BIRMINGHAM ACCOUNTING FIRM on Telegraph at
13 Mile - Office/Suite available including receptionist,
conference room, kitchen, private entrance, fax,
copier. Gale or Sue at (248) 540-0250.
Paige & Company, P.C.
Warren - Prime Office Bldg. For Lease. Located on
Hoover & 11 1/2 mile, across from St John Macomb
Hospital. Zoned medical/general office bldg.
1650 or 3300 sq ft. (586) 416-2801 Ask for Nick
LEASING SINGLE & MULTIPLE OFFICES
500 SF OR LESS
First Class Office Space
• All Private Window Offices
• Telephone Answering Included
• Conference / Meeting Facilities
• Full Business Services
• T1 Internet Access
• Private Parking
• $175 Part Time Plans Also Available
(800) 446-4444
www.americenters.com
Troy • Southfield • Livonia
Bloomfield Hills • Novi • Detroit
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