The chief judge of the U.S. 6th Circuit Court of Appeals, R. Guy Cole, Jr., has appointed U.S. Bankruptcy Judge Thomas Tucker, of the Eastern District of Michigan, as the new judge to proceed over the City of Detroit’s Chapter 9 bankruptcy. Chief Judge Cole stated that he looked at factors of experience and case […]
Archives for February 2015
Southfield, Michigan Ads Another High Profile Company
The City of Southfield, Michigan, just added another large tenant to one of its high rises. Accretive Health, Inc. will lease about 107,000 square feet of commercial office space in the Travelers Towers II office building. This takes the building to near capacity. Southfield has been surging in recent years as the city offers enormous […]
Radio Shack Files Chapter 11 Bankruptcy
The long standing electronics store, Radio Shack, has filed for Chapter 11 Bankruptcy. The company will close over 986 stores across the country as a result of this bankruptcy filing. Radio shack was founded in 1921 as a seller of electronics and is now selling off stores to General Wireless. “Long-running electronics company RadioShack, which […]
Southfield Michigan Set to Gain Additional Commercial Operations
Commercial rents in Detroit on are the rise for a variety of reasons – inflation, rebounding reputation, and recovering city services post-bankruptcy. In response these increasing costs, businesses are looking to the suburbs, specifically Southfield Michigan, to offer more affordable office space in newer buildings. A recent article by the Detroit Free Press highlighted Ally […]
