Real Estate Development Examples
Einstein Bros.’ Bagels
Remtech bought an old gas station in Berkely, MI at 11 Mile and Woodward that needed environmental cleanup. After the cleanup, a commercial building was constructed and Remtech secured a 20-year lease with Einstien Bros.’ Bagels on the property.
Location
Berkely, MI
Size
8,500 SF
Year
1998
Client
Einstein Bros.’ Bagels
Services
Remtech bought an old gas station in Berkely, MI at 11 Mile and Woodward that needed environmental cleanup. After the cleanup, a commercial building was constructed and Remtech secured a 20-year lease with Einstien Bros.’ Bagels on the property.
Fidelity Building
Remtech assembled 3 parcels of property in Novi, MI at the corner of Novi Road & Grand River. Two of the parcels had environmental issues. The parcels were cleaned up and Remtech secured a 25-year lease agreement on the property with Fidelity Investments.
Location
Novi, MI
Size
6,800 SF
Year
1999
Client
Fidelity Investments
Services
Remtech assembled 3 parcels of property in Novi, MI at the corner of Novi Road & Grand River. Two of the parcels had environmental issues. The parcels were cleaned up and Remtech secured a 25-year lease agreement on the property with Fidelity Investments.
Detroit News Distribution Centers
Remtech secured a master lease for 21 distribution centers in southeast Michigan for the Detroit News. After securing the master lease Remtech acquired 21 sites and built the distribution centers ranging in size from 21,000 sq. ft to 45,000 sq. ft. The total monthly rent on these 21 properties was $450,000.
Location
Southeast Michigan
Size
21,000 SF to 45,000 SF
Year
2001 - 2008
Client
Detroit News
Services
Remtech secured a master lease for 21 distribution centers in southeast Michigan for the Detroit News. After securing the master lease Remtech acquired 21 sites and built the distribution centers ranging in size from 21,000 sq. ft to 45,000 sq. ft. The total monthly rent on these 21 properties was $450,000.